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Heinz violated law with sugary kids snacks, court finds
Competition & Consumer Protection 2018-03-19 8:44 pm By Cat Fredenburgh Melbourne

H.J. Heinz Company Australia Ltd made misleading claims about the health benefits of its Little Kids Shredz products, the Federal Court said Monday.  

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Yazaki can address ‘course of conduct’ in ACCC appeal, judge says
Competition & Consumer Protection 2018-03-19 3:55 pm By Cat Fredenburgh Melbourne

The Full Court has allowed Yazaki Corporation to file additional documents as it weighs the ACCC’s case that the auto parts maker got off easy when the federal court slapped it with a $9.5 million penalty in May for engaging in cartel conduct.

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VW emissions cheating trial to wrap up Monday
Bannister Law 2018-03-16 9:14 pm By Cat Fredenburgh Melbourne

The first stage of the Australian trial alleging Volkswagen installed dual-mode software in diesel vehicles to cheat on emissions tests will wrap up Monday, when class action lawyers deliver a final rebuttal and closing arguments.

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ACCC seeks market input on Saputo offer to sell Koroit plant
Agriculture 2018-03-16 10:26 am By Cat Fredenburgh Melbourne

The ACCC wants the public to weigh in on Saputo’s offer to sell its Koroit dairy plant in Victoria to win the regulator’s blessing for its $1.3 billion tie-up with Murray Goulburn.

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Equifax duped customers, ACCC says in enforcement action
Competition & Consumer Protection 2018-03-16 10:23 am By Christine Caulfield Melbourne

The consumer regulator has launched enforcement action against Equifax, accusing the credit reporting company of duping vulnerable customers into paying for credit reports that were only as good as its free reports.

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New rule sets standard for handling NBN complaints
Competition & Consumer Protection 2018-03-15 11:09 pm By Cat Fredenburgh Melbourne

Australia’s communications regulator released new proposed rules today for telcos on handling consumer complaints about migration to the National Broadband Network.

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Study blasts Volkswagen recall fix
Bannister Law 2018-03-15 9:54 pm By Cat Fredenburgh Melbourne

Volkswagen cars equipped with a software fix implemented in the wake of the emissions scandal are still emitting 400 percent more noxious emissions on road than in lab tests, according to a new study by the Australian Automobile Association.

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ASIC to crack down on unfair lending contracts
Competition & Consumer Protection 2018-03-15 4:49 pm By Christine Caulfield Melbourne

ASIC put banks and other lenders on notice Thursday that unfair lending contracts aimed at small business will be an enforcement priority for the securities regulator.

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Banks slammed for uncompetitive mortgage pricing
Competition & Consumer Protection 2018-03-15 1:32 pm By Cat Fredenburgh Melbourne

Australia’s largest banks are weak when it comes to offering competitive prices on residential mortgages, Australia’s consumer regulator said Thursday in the first review undertaken by its newly formed financial services unit.

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ACCC raises concerns over Pacific National, Aurizon deal
Competition & Consumer Protection 2018-03-15 12:22 pm By Cat Fredenburgh Melbourne

The Australian Competition and Consumer Commission said Thursday that Pacific National’s proposed acquisitions of Aurizon’s Queensland intermodal freight haulage business and intermodal rail terminal at Acacia Ridge in Brisbane raises significant competition concerns.

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