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Facebook rejects calls for regulation amid ACCC probe
Competition & Consumer Protection 2018-04-24 12:03 am By Cat Fredenburgh Melbourne

Facebook has struck back at calls for regulation of digital platforms that distribute news content, saying consumers stand to lose from regulatory meddling.

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ACCC delays announcement on WestConnex deal
Competition & Consumer Protection 2018-04-23 10:38 pm By Cat Fredenburgh Melbourne

The Australian Competition and Consumer Commission has delayed its decision on the proposed $2 billion acquisition of Sydney’s WestConnex toll road by the Sydney Transport Partners Consortium after requesting more information on the deal.

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Passenger sues Qantas over exploding headphones
Competition & Consumer Protection 2018-04-23 10:19 pm By Cat Fredenburgh Melbourne

A seventy-eight-year-old man has taken Qantas to court over injuries allegedly suffered when headphones provided by the airline for in-flight entertainment exploded during a flight.

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ACCC to look at Uber Eats contracts
Competition & Consumer Protection 2018-04-23 9:39 pm By Cat Fredenburgh Melbourne

The head of the Australian Competition and Consumer Commission said the regulator will scrutinise Uber Eats’ contracts with the restaurants that provide the food for its delivery service, in the wake of complaints from restaurants that the delivery service imposes unfair contract terms.

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High Court rejects Valve’s bid to challenge $3M ruling
Competition & Consumer Protection 2018-04-20 12:47 pm By Christine Caulfield Melbourne

US-based online gaming giant Valve Corp. has lost its bid to appeal to the High Court of Australia a $3 million judgment for misleading customers who bought faulty products online.

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Gucci, Guess global settlement ends Australia action
Competition & Consumer Protection 2018-04-20 11:46 am By Cat Fredenburgh Melbourne

Iconic fashion labels Gucci and Guess have agreed to a global settlement in their nine-year long courtroom battle over the famed “G” design trademark.

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ACCC delays decision on MYOB, Reckon merger
Competition & Consumer Protection 2018-04-20 10:45 am By Cat Fredenburgh Melbourne

The ACCC has delayed it decision on MYOB’s proposed bid for Reckon’s accounting unit while it waits for information, after the regulator raised concerns about how the merger would affect competition in the accounting software market.

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ACCC should ‘have another look’ at AGL’s Liddell plans, says MP
Article 2018-04-19 10:16 pm By Christine Caulfield Melbourne

Calling on the competition chief to “have another look” at AGL’s decision to shutter its Liddell plant, Liberal MP Craig Kelly says the power company’s conduct makes for a clear case under the new misuse of market power provision of Australia’s competition law. 

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ACCC’s case bad for business, Aboriginal art supplier tells court
Competition & Consumer Protection 2018-04-18 8:43 pm By Miklos Bolza Sydney

An Aboriginal art and souvenir supplier says its business has taken a hit since the ACCC accused it of selling fakes, and the company wants to expedite the regulator’s case to avoid further damage, a court heard Wednesday.

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Former NAB adviser banned for stealing $2 million from clients
Competition & Consumer Protection 2018-04-18 12:50 pm By Cat Fredenburgh Melbourne

A former NAB financial adviser has been permanently banned from providing financial services after an ASIC investigation found he fleeced clients out of at least $2 million.

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