Enforcement

Korean IT companies hit by dawn raids

May 9, 2012 | 0 Comments

In April 2012, Korea’s Fair Trade Commission (KFTC) conducted a series of dawn raids targeting four multinational information technology companies. The premises of Hewlett-Packard, IBM, Oracle and SAP were raided due to concerns of anti-competitive behaviour...

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As the ACCC keeps a close eye on energy retailers, its recent success in the Federal Court against Energy Watch is worth mentioning. The Court found that Energy Watch Pty Ltd, a provider of brokering...

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Instant noodlers in hot water

April 24, 2012 | 0 Comments

The Korean Fair Trade Commission has fined four major noodle manufacturers 135.4 billion won (approximately AUD115 million) for fixing the prices of instant noodles.  The KFTC found that the four companies (who hold a combined...

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French regulator redresses salad cartel

April 1, 2012 | 1 Comments

France’s Competition Authority (the Autorité de la Concurrence), has fined 11 French endive growers and several of their professional bodies 3.6 million euros (approximately AUD4.8 million) for taking part in a price-fixing cartel.  The Authority...

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On 23 February 2012, Justice Middleton of the Federal Court fined Hooker Meats Pty Ltd $50,000 for engaging in misleading or deceptive conduct.  The Court found that Hooker Meats misled consumers when it claimed that...

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On 2 February 2012, the European Union General Court rejected appeals brought by The Dow Chemical Company, EI du Pont de Nemours and Company, and Denki Kagaku Kogyo Kabushiki Kaisha (and a number of their...

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Amendments to the Trade Practices Act introduced in April 2010 as part of the new Australian Consumer Law give the ACCC power to issue notices requiring a person to substantiate a claim or representation made...

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