Jurisdiction: Australia

ACCC approval has opened the way for the banks to relieve ATM costs for remote indigenous communities A welcome good news story!  The ACCC has granted authorisation for an agreement between a large collection of...

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Strike out on savings claims

November 22, 2012 | 3 Comments

On 16 August this year, the Federal Court held that the company which operates the Zamels chain of jewellery stores in Australia misled consumers about the savings they could make during Zamels’ sales, contravening section...

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There’s no ACCCounting for penalties

November 20, 2012 | 1 Comments

The ACCC recently released its quarterly ACCCount update of its enforcement and other activities for the July-September 2012 quarter. Headline achievements for the quarter include: collecting over $6.8 million in court penalties in enforcement cases...

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ACCC and China get cosy

November 17, 2012 | 0 Comments

It seems KWM are not the only ones looking to expand their horizons in China! In September, the ACCC announced that it had signed a memorandum of understanding (MOU) with the State Administrator for Industry...

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By the beerest of margins

November 16, 2012 | 2 Comments

The proposed Budweiser–Corona deal, first made public in late June this year, has come under renewed scrutiny in the US this week despite receiving clearance from the Mexican Competition Authority on 15 November 2012. Anheuser-Busch...

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Earlier in September, Justice Dowsett of the Federal Court handed down a decision ordering three publishing companies (‘Elite Publishing’) to pay total penalties of $400,000 for misleading and deceptive conduct and unconscionable conduct. The companies’...

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King hit for beef that’s not from the Island

October 17, 2012 | 1 Comments

On 14 August 2012 the Federal Court in Victoria found that the Melbourne-based butcher and retailer had contravened both the Australian Consumer Law (ACL) and the equivalent provisions of the former Trade Practices Act (TPA),...

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It’s the end of the road for Seven Group Holdings (Seven) as the ACCC has decided to oppose its proposed acquisition of Consolidated Media Holdings (CMH). This is the latest decision of the ACCC to...

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The Pilbara saga continues

September 25, 2012 | 0 Comments

The High Court has delivered its decision on Fortescue’s long running attempt to get access to two of Rio Tinto’s railway lines in the Pilbara under Part IIIA of the Trade Practices Act 1974 (as it was...

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New Zealand’s Commerce Commission has reached a settlement with insurer IAG New Zealand Limited after it admitted to breaching the NZ Fair Trading Act in relation to more than 150,000 insurance policies. As a result...

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