Enforcement

As we reported in January 2013, the ACCC was left a few cards short following TPG’s successful appeal of Justice Murphy’s first instance findings, with the Full Federal Court holding that only TPG’s first television advertisement...

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An adept scam by Adepto

March 28, 2013 | 0 Comments

This week’s Federal Court decision against Adepto Publications Pty Ltd (Adepto) has reinforced the serious penalties that may be imposed on companies, directors and managers for misleading or deceptive conduct. On 26 March 2013, the Federal...

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Turkish banks fined for price collusion

March 26, 2013 | 0 Comments

Earlier this month, the board of the Turkish Competition Authority fined a dozen of the country’s banks 1.1 billion Turkish lira (approximately AUD 580 million) for colluding over maximum deposit rates, credit card interest rate...

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Tough love in Taiwan

March 25, 2013 | 0 Comments

Over the years, several Taiwanese companies have been fined substantial amounts by foreign antitrust authorities for their involvement in international cartels.  For example, a US court imposed a $500 million fine on Taiwanese LCD manufacturer...

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The ACCC has indicated that its educative and engagement approach to the national unfair contract terms regime is over and has warned that it is now looking at enforcement. On 15 March 2013 the ACCC...

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ACCC and NZCC confirm their co-operation

March 16, 2013 | 0 Comments

On 27 February 2013, the Australian Competition and Consumer Commission (ACCC) and the New Zealand Commerce Commission (NZCC) entered into a Co-operation Agreement, allowing the NZCC to share compulsorily-acquired information with, and provide investigative assistance...

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On Friday 8 March 2013, it was announced in the Government Gazette that legislative provisions providing the South African Competition Commission (Commission) with formal powers to conduct market inquiries will become effective on 1 April...

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While the Trans-Pacific Partnership (TPP) Agreement has received little attention from the Australian media of late, the formulation of this multilateral agreement may have significant implications for Australian competition law. If you are wondering what...

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On 8 March 2013, the NZ Commerce Commission published draft Authorisation Guidelines and Mergers and Acquisitions Guidelines for public consultation. The Authorisation Guidelines outline the NZCC’s approach when considering authorisations of transactions that may otherwise...

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Online real estate listing company All Homes Pty Ltd has provided the ACCC with a court enforceable undertaking following concerns that All Homes had attempted to induce an understanding between real estate agents as to...

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