Enforcement

NZ gets ‘hard-core’ on cartels

May 27, 2013 | 1 Comments

Significant reforms to New Zealand competition law are one step closer following a recommendation by the Commerce Select Committee that the Commerce (Cartels and Other Matters) Amendment Bill (the Bill) be passed with various amendments....

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Foxtel Management Pty Ltd has provided the ACCC with a court enforceable undertaking following allegations that Foxtel breached sections 18, 32(2) and 36(4) of the Australian Consumer Law (ACL) with a free television offer. During...

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Winter is coming

May 9, 2013 | 0 Comments

Euro Solar and Australian Solar Panel will be feeling the heat this winter after the ACCC instituted proceedings on 8 May 2013 against the two companies for false and misleading claims about the origins of...

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Penguin settles ebook investigation in Europe

April 24, 2013 | 1 Comments

The last standing publisher, Penguin, has reached a settlement agreement with the European Commission (EC) which ends the EC’s 16 month long investigation into the alleged price fixing of e-books in Europe. As explained in...

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Bytecard is the first to get bitten

April 23, 2013 | 1 Comments

Bytecard Pty. Limited (better known as Netspeed Internet Communications) (Bytecard), an internet service provider, is the first company to be taken to court by the ACCC under the new unfair contract terms provisions of the...

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The internet provides a powerful tool to reach a large and diverse base of consumers.  However, it also presents certain challenges for suppliers and manufacturers.  For example, a manufacturer may have concerns about the impact of...

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Viscas pays for cable cabal

April 15, 2013 | 0 Comments

A clean record and cooperation with the ACCC might be helpful, but as Japanese electricity cable supplier Viscas discovered, penalties will still be imposed if you’ve been involved in cartel conduct. On 5 April the...

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Banks get a boost in US Libor case

April 11, 2013 | 0 Comments

On 29 March 2013, US Federal District Judge Naomi Reice Buchwald handed down a 161 page judgment dismissing a significant proportion of the class actions against banks involved in the Libor (London interbank offered rate)...

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ACCC Chairman Rod Sims recently addressed the National Press Club (the speech is available here) on the subject of economic philosophy and the role of the ACCC in Australia’s market economy.  In addition to reviewing...

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CCS slams the brakes on illegal bid-rigging

April 8, 2013 | 0 Comments

Singapore’s Competition Commission (CCS) has wielded its punitive power by imposing fines on 12 different motor vehicle traders for their roles in bid-rigging of public auctions for decommissioned government vehicles between 2008 and 2011.  After...

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