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

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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AWB to drop unfair contract terms that raised ACCC’s ire
Agriculture 2018-03-14 3:58 pm By Cat Fredenburgh

Australia’s largest agribusiness, AWB Harvest Finance Pools Pty Ltd, has agreed to make changes to the contracts it uses with farmers after the Australian Competition and Consumer Commission flagged terms of its contracts for being unfair. 

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Banks may face credit card insurance class action
Competition & Consumer Protection 2018-03-13 8:59 pm By Cat Fredenburgh

Slater and Gordon is mulling a class action against Australian banks over credit card insurance, which the firm describes as “worthless” and “junk” because many people who are sold the insurance are not eligible to make a claim.

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Viagogo denies ACCC’s claims of hidden, hefty fees
Article 2018-03-13 8:57 pm By Christine Caulfield

Online ticket reseller Viagogo has shot back at the consumer regulator’s allegations that it charged hefty fees and was not upfront about it, saying in a recently filed defence that its pricing was “adequately disclosed” on its website.

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ACCC seeks more info on MYOB, Reckon deal
Competition & Consumer Protection 2018-03-13 1:52 pm By Cat Fredenburgh

The ACCC is seeking more information on accounting software company MYOB Group Limited’s proposed acquisition of Reckon Limited’s practice management group.

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Prysmian loses appeal of $3.5M cartel fine
Competition & Consumer Protection 2018-03-13 1:01 pm By Cat Fredenburgh

The Full Federal Court has shot down Prysmian Cavi E Sistemi’s appeal of a $3.5 million fine for alleged cartel conduct. 

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Not a nice finish for Stone & Wood in trade mark case
Competition & Consumer Protection 2018-03-09 9:34 pm By Cat Fredenburgh

An interstate trademark and passing off battle between craft beer makers has ended with a full bench of the Federal Court dismissing an appeal by Bryon Bay’s Stone & Wood brewers against a ruling in favor of Brunswick-based Elixir.

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GSK, Novartis concede more ground in ACCC’s Voltaren case
Bird & Bird 2018-03-06 8:07 pm By Cat Fredenburgh

GlaxoSmithKline and Novartis have made another admission in a case brought by the ACCC alleging the drug giants made misleading claims in marketing their Voltaren Osteo Gel and Voltaren Emulgel pain relief products.

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VW can’t quash own expert’s dual-mode testimony
Bret Walker 2018-03-06 3:13 pm By Christine Caulfield

Volkswagen lost its bid Tuesday to exclude evidence from its own expert witness it claims has gone off script, an early blow to the car maker in the massive trial alleging it installed dual-mode software in diesel vehicles to cheat on emissions tests.

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Saputo in talks to sell milk plant to appease ACCC
Agriculture 2018-03-05 1:31 pm By Christine Caulfield

Canadian dairy giant Saputo said Monday it is considering selling a milk plant in Victoria to smooth regulatory approval of its proposed $1.3 billion deal to buy Murray Goulburn.

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