You know it’s an election year when, in the last week Parliament sits before an election, MPs are presented with a swollen legislative agenda. This year, that list includes a raft of private members’ bills...
Read More →On 27 June 2013, the Australian Competition and Consumer Commission (ACCC) issued its updated Authorisation Guidelines. The guidelines reflect the ACCC’s current approach to assessing applications for authorisation and replace the approach adopted by the...
Read More →The ACCC has accepted a court enforceable undertaking from Happiness Road Investment Group Pty Ltd (Happiness Road), admitting the company had made misleading claims over the country of origin of its ugg boots. Happiness Road...
Read More →In the lead up to the end of the financial year, the ACCC has instituted proceedings against Taxsmart Group Pty Ltd, Taxsmart Franchising Pty Ltd and Resultsmart Pty Ltd (Taxsmart) alleging that it published false...
Read More →The European Commission has approved IntercontinentalExchange’s (ICE) acquisition of NYSE Euronext for $8.2 billion in the biggest financial exchange merger since NYSE Euronext and Deutsche Börse’s $10 billion failed merger in 2011. In a statement...
Read More →On 28 May 2013, the European Commission released its annual report, the Report on Competition Policy (2012) (EC Report), which emphasised the use of competition policy to leverage the Single Market for growth, and rejected...
Read More →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....
Read More →On 6 May 2013 the ACCC released revised Draft Authorisation Guidelines for public comment. The Competition and Consumer Act 2010 permits the ACCC to authorise certain conduct which may otherwise contravene the competition provisions of...
Read More →Virgin Australia’s much touted “Game Change” commercial strategy is another step closer to realisation after the ACCC decided not to oppose its acquisition of 60% of Tiger Airways Australia. The decision, announced by the ACCC...
Read More →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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