New Zealand has asked the country’s High Court to block Platinum Equity LLC’s bid to buy OfficeMax Holdings Limited, echoing concerns voiced by Australia’s competition regulator that the deal will hinder competition.
The head of Wesfarmers has slammed inquiries into the dairy industry by the Australian Competition and Consumer Commission and the Senate, saying the industry needs better infrastructure, not inquiries.
AirAsia has agreed to refund thousands of passengers with children who were wrongly charged an extra $60 fee on flights from Darwin to Bali for seven years.
The ACCC will have another go at its case against electronics giant LG next May, according to an order Thursday, and its appeal gives the full Federal Court a chance to clarify whether companies must inform consumers with faulty products of their rights under the Australian Consumer Law.
The judge overseeing a multibillion dollar consumer protection suit by the receiver of defunct toll road company BrisConnections against global engineering firm Arup has signed off on Brisconnections’ key expert report over the objections of Arup.
Aveling Homes has admitted in court papers to taking down customer reviews it didn’t like from review websites it controlled, as alleged by the consumer regulator in its suit claiming the builder duped prospective customers.
The competition regulator on Wednesday released updated guidelines for media merger reviews, saying key to its analysis would be competition and media diversity, the impact of new technology and access to premium content.
Lawyers are advising large companies to look hard at their business plans to keep on the good side of the Australian Competition and Consumer Commission now that the enforcer has a new arsenal to deploy.
The likes of Google, Facebook and Amazon could find themselves in the crosshairs of a newly empowered Australian competition regulator, and Rod Sims wants to move fast, the chairman told Lawyerly.
Complaints to the Telecommunications Industry Ombudsman about the National Broadband Network increased 79 percent in the past year, even when new additions to the network were taken into account, according to a new report by the Australian Competition and Consumer Commission.