Judge lashes ACCC’s Port of Newcastle case as ‘far-fetched and fanciful’

ACCC 2021-07-20 10:54 pm By Christine Caulfield | Melbourne

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The ACCC’s claim that NSW Ports stymied competition when it signed a 50-year agreement with the state to be compensated if the Port of Newcastle built a container terminal was based on “mere speculative hopes”, a judge found in tossing the competition watchdog’s regulatory action.

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