Sector: Government

After several years of debate, Hong Kong’s new Competition Ordinance was published in the official gazette in June this year.  The obligations contained in the Ordinance are outlined in terms that will be familiar to...

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Refinement of merger regime in Indonesia

October 18, 2012 | 1 Comments

On 2 October 2012, the Indonesian Competition Commission (KPPU) published new regulations addressing mergers and acquisitions.  Regulation No. 3 of 2012 further revises the KPPU’s 2010 merger review guidelines and Regulation No. 4 of 2012...

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Step-by-step

September 17, 2012 | 0 Comments

The UK OFT has published new guidance on the setting of penalties for competition law infringements, reflecting its experience of applying penalties and recent judgments, international developments and comments from public consultation. The most recent...

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ACCC gives industry a peek at its hand

September 14, 2012 | 1 Comments

As noted in our post on the UK petrol inquiry, Rod Sims gave a speech on 12 September 2012 to the Australasian Convenience and Petroleum Marketers Association (available here), in which he outlined the ACCC’s...

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UK petrol stations under the pump

September 14, 2012 | 0 Comments

The crusades against petrol prices continue, with the UK OFT the latest regulator to take up the cause. Since at least February this year, the OFT has been fielding calls to investigate petrol retailers. It...

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Obama picks new FTC commissioner

September 13, 2012 | 0 Comments

President Obama has nominated Joshua Wright to be an FTC commissioner.  Wright is an antitrust professor at the George Mason University School of Law and has a PhD in economics. The FTC is one of...

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On 30 August 2012, the ACCC released “The Marker” – a short film giving a dramatic representation of the devastating effects that participation in a cartel can have on the businesses and individuals involved (see...

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On 31st July 2012 the Criminal Antitrust Anti-Retaliation Act was introduced to the US Congress by Senators Patrick Leahy and Chuck Grassley. The legislation is significant as, if it passes, it would be the first...

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Climate control – carbon cop karma

August 10, 2012 | 0 Comments

Since the introduction of the carbon tax on 1 July, the ACCC has received over 1260 complaints through its carbon claims hotline. And in response to those complaints, the ACCC has taken enforcement action on...

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Parliament hasn’t given the ACCC any new powers to perform its role as “carbon cop”, but the Commission’s early track record suggests it’s keeping energy retailers (and others) on their toes. ACCC Chairman Rod Sims...

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