The competition regulator wants the High Court to hear its challenge to Pacific National’s $205 million acquisition of Aurizon’s Acacia Ridge Terminal in Queensland, saying the deal would entrench the rail freight carrier’s near monopoly on the east coast of Australia.
Google has reached agreements with publishers in three countries to pay for news, as the ACCC works out the details of a mandatory code under which the search giant and Facebook would be forced to pay publishers for news.
A judge has agreed to give two executives of Geowash a reprieve from enforcement of $2.7 million in penalties pending an appeal of a judgment in an ACCC case that found the car wash franchisor overcharged franchisees and misled them about expected revenue.
Telecommunications companies Dodo and iPrimus are facing court proceedings by the Australian Competition and Consumer Commission for allegedly making false or misleading claims about the NBN broadband speeds their customers could achieve during busy evening hours.
Casual dining pioneer Sizzler has served up a trade mark lawsuit over an eponymous burger sold by a Brisbane-based burger chain and marketed as an “ode to the cultural icon”.
The Government has asked the Australian Competition and Consumer Commission to actively monitor the competitiveness of the domestic air travel market, which has been severely impacted by the COVID-19 pandemic.
Norway-based shipping company Wallenius Wilhlmsen Ocean AS has pleaded guilty to one charge of criminal cartel conduct, but told a court the penalty should be discounted from the maximum by over 50 per cent.
The competition cop has given its blessing to Australian Finance Group’s $120 million acquisition of rival Connective Group, after raising concerns the deal could squeeze smaller players out of the mortgage aggregator market.
The competition regulator has raised concerns about Google’s planned acquisition of fitness device company Fitbit, saying the $3 billion tie-up could further cement the dominance of the search engine giant in online advertising.
The Australian Competition and Consumer Commission is seeking a contempt finding against a former solicitor for defunct vocational trainer Empower Institute over alleged billing practices.