The CEO of Optus has come out swinging against a proposed 10-year agreement between TPG and Telstra to share mobile network infrastructure and spectrum in parts of regional Australia, warning it would harm consumers.
Two Sydney roof tiling businesses have made admissions in civil penalty proceedings brought by the Australian Competition and Consumer Commission alleging they rigged bids for construction at the University of Sydney.
The ACCC has taken Mastercard to court for allegedly misusing its market power by giving major retailers discounted interchange rates in exchange for them agreeing to process their debit card transactions through Mastercard instead of the cheaper eftpos network.
Viagogo has lost a bid to overturn a $7 million penalty handed down after a judge found the ticket reseller misled customers on an “industrial scale”.
Online clothing retailer A&S Labels Pty Ltd, trading as Tiger Mist, has coughed up $26,640 to the Australian Competition and Consumer Commission for allegedly misleading customers about their return rights.
The new chair of the competition regulator has taken aim at companies for “pushing the boundaries” of Australia’s merger control regime and taking a “strategic approach” to clearance, as the regulator yet again flags the prospect of a reform push.
Car dealers that have brought a class action against General Motors over its decision to retire the Holden brand in Australia rejected offers of compensation totaling close to $5 million, according to court documents.
The ACCC has flagged a number of competition concerns over New Zealand campervan giant THL’s proposed acquisition of Australian competitor Apollo, saying the tie-up could leave campers paying more to hit the road.
Uber has admitted to making misleading statements to passengers and has agreed to pay $26 million in penalties in a case by the consumer regulator over the ridesharing giant’s cancellation warning messages.
A judge has slapped Trivago with $44.7 million in penalties for a “startlingly misleading” rankings system used on its travel comparison website from which it reaped $53 million.