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Crane maker NQCranes loses bid to strike out ACCC’s cartel case
ACCC 2021-10-20 12:20 pm By Cindy Cameronne

Queensland crane company NQCranes has lost its bid to strike out the bulk of the ACCC’s amended case alleging it engaged in a conspiracy with a multinational rival to divide the Brisbane and Newcastle markets.

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Virtus ‘author of its own fate’ if Adora acquisition fails, judge says
ACCC 2021-10-19 9:30 pm By Cindy Cameronne

IVF provider Virtus Health would be “the author of its own fate” if its proposed acquisition of rival Adora Fertility flopped, a judge has said in hearing the ACCC’s bid for a temporary injunction blocking completion of the planned purchase.

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ACCC seeks $90M penalty for Trivago’s ‘startlingly misleading’ hotel deals
ACCC 2021-10-18 4:38 pm By Bianca Hrovat

The Australian Competition and Consumer Commission is seeking a $90 million penalty against Trivago for the “startlingly misleading” ranking system used on its travel price comparison website.

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ACCC’s approval of BPAY, Eftpos, New Payments Platform merger faces challenge
ACCC 2021-10-15 9:16 pm By Miklos Bolza

A challenge to the ACCC’s approval of the merger of major payment platforms BPAY, Eftpos and New Payments Platform Australia has been challenged by a Sydney-based fintech, which has accused NPPA of patent infringement.

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Companies ‘contemptuous’ of merger review rules, ACCC chair says
ACCC 2021-10-15 2:28 pm By Cindy Cameronne

ACCC chair Rod Sims has spoken out about the move by IVF provider Virtus to complete its planned acquisition of rival Adora before clearance from the watchdog, saying the situation showed the need for merger review reform.

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ACCC wins temporary halt to Virtus’ acquisition of Adora
ACCC 2021-10-14 7:02 pm By Cat Fredenburgh

The ACCC has won an interim injunction blocking IVF provider Virtus Health from completing its purchase of rival Adora Fertility on Friday.

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ACCC wants urgent injunction to block Virtus’ acquisition of Adora
ACCC 2021-10-13 10:33 pm By Christine Caulfield

The competition regulator has filed court action seeking an injunction to stop Virtus Health from completing the purchase of rival Adora Fertility on Friday while a merger review is still in progress.

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ANZ wins access to JPMorgan settlement chats in cartel case
ACCC 2021-10-11 2:49 pm By Miklos Bolza

A judge overseeing a cartel case over a $2.5 billion ANZ share placement has granted ANZ’s bid for unredacted documents which the bank says will support its claims that the case should be permanently stayed because of improper dealings between whistleblower JPMorgan, ASIC and the ACCC.

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ACCC investigates Qube’s ‘worrying’ $90M acquisition of bulk grain terminal
ACCC 2021-10-07 2:30 pm By Bianca Hrovat

The Australian Competition and Consumer Commission has launched an investigation into logistics company Qube’s recent $90 million acquisition of the Newcastle Agri Terminal.

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ACCC calls for greater power as report reveals Google’s ad-tech dominance
ACCC 2021-09-28 4:07 pm By Bianca Hrovat

The Australian Competition and Consumer Commission says it should be given more power to regulate the $9.5 billion advertising technology sector, after a report revealed Google’s overwhelming dominance could lead to consumers paying more for advertised goods.

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