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TasPorts agrees it misused market power, but won’t pay penalty in ACCC case
ACCC 2021-05-05 1:39 pm By Christine Caulfield

The ACCC has secured a misuse of market power declaration against Tasmanian government-owned TasPorts in the regulator’s first action under amended competition laws, but the ports company will not pay a penalty as part of an agreement to resolve the case.

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Judge orders $75,000 penalty in ACCC’s case against Jayco
ACCC 2021-05-03 6:43 pm By Cindy Cameronne

A judge has hit caravan manufacturer Jayco with a $75,000 penalty in proceedings launched by the ACCC, finding the company made a false or misleading representation to a customer about their consumer guarantee rights.

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Megasave hit with $1.9M penalty for misleading prospective franchisees
ACCC 2021-04-29 3:37 pm By Christine Caulfield

A judge has imposed a $1.9 million penalty against Megasave Couriers after the delivery company was found to have misled franchisees with false promises of guaranteed minimum weekly payments and annual income.

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ACCC threatens regulation to rein in tech giants’ app store dominance
ACCC 2021-04-28 1:22 pm By Cat Fredenburgh

The Australian Competition and Consumer Commission has called on Apple and Google to seize a “window of opportunity” to address the regulator’s concerns about their significant power in the app marketplace or face possible regulation.

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ACCC to fight production of JPMorgan witness statements in ANZ cartel case
ACCC 2021-04-22 5:02 pm By Cat Fredenburgh

The judge who vowed last year to move a criminal cartel case over a $2.5 billion ANZ share placement to trial “before we all retire” will soon weigh the ACCC’s claim for privilege over statements from JPMorgan witnesses it has been accused of pressuring during its investigation, two months after a different judge heard a still unresolved privilege fight in the long-running case.

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Car dealers slap General Motors with class action for retiring Holden brand
ACCC 2021-04-21 1:05 pm By Miklos Bolza

A group of car dealers has hit a unit of car giant General Motors with a class action for allegedly breaching its contract by retiring the Holden brand in Australia last year.

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Garuda drops appeal of $19M penalty in ACCC cartel case, agrees to pay in instalments
ACCC 2021-04-16 10:59 pm By Christine Caulfield

Indonesia’s PT Garuda has withdrawn a challenge to a $19 million penalty imposed for its part in a global airline cartel, but the airline has reached an agreement with the ACCC to pay the fine in instalments.

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ACCC does about-face, blesses MYOB’s acquisition of GreatSoft
ACCC 2021-04-16 11:17 am By Cat Fredenburgh

The ACCC has approved accounting software provider MYOB’s acquisition of cloud practice management software provider GreatSoft, reversing its earlier position that the deal could harm competition because the South Africa-based company had the potential to become a strong competitor to MYOB as more accounting firms migrate to the cloud.

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Google misled users about location data privacy, judge rules
ACCC 2021-04-16 10:29 am By Christine Caulfield

Google misled or is likely to have misled some reasonable users of its Android devices about the digital giant’s use of their location data, a judge has found in a win for the consumer regulator.

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‘Bad faith, deception, unfair pressure’: 4WD rental company fined $1.2M for unconscionable conduct
ACCC 2021-04-15 9:56 pm By Miklos Bolza

A judge has slapped a 4WD rental company that made “harsh and unjustified threats” against customers who challenged its decision to retain their security deposits with a $1.2 million fine.

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