Sector: Regulators

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...

Read More →

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...

Read More →

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...

Read More →

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...

Read More →

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...

Read More →

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...

Read More →

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...

Read More →

The FTC has withdrawn a 2003 policy statement that limited equitable monetary remedies for antitrust contraventions to only “exceptional cases”.  In a 4-1 decision on 31 July 2012 , the FTC has said it will...

Read More →

On May 8 2012, China’s Supreme People’s Court (SPC) issued its first judicial interpretation of private anti-monopoly litigation. The new framework, including the key changes outlined below, will come into effect 1 June 2012. Standing:...

Read More →

Speaking in Paris earlier this year, Joaquin Almunia, EC’s competition policy chief, signalled a warning to companies that have “essential” patents for standards in particular fields that they are obliged to license them on “fair,...

Read More →