Displaying items by tag: Australian Competition and Consumer Commission

Google's dominance in the advertising technology supply chain is harming both companies and individuals, the ACCC says in a report published on Tuesday.

Published in Technology Regulation
Thursday, 09 September 2021 12:58

ACCC gives go-ahead for merger of payment platforms

The Australian competition watchdog has given the go-ahead for the proposed merger of BPAY Group and its subsidiaries eftpos and New Payments Platform Australia.

Published in Business Intelligence

The majority of money remitters reviewed by the ACCC are now giving consumers the tools they need to easily compare the total price of international money transfers, according to the competition watchdog, the ACCC.

Published in Technology Regulation
Thursday, 22 July 2021 11:09

Salesforce completes acquisition of Slack

Global customer relationship management (CRM) software provider Salesforce has completed its acquisition of enterprise collaboration platform Slack Technologies.

Published in Market

Cuts in oil production by the OPEC cartel and other big producers, combined with a pick-up in global fuel demand, led to higher petrol prices in Australia’s five largest capital cities in the March 2021 quarter, according to the latest petrol monitoring report from the ACCC.

Published in Market

The NBN Co needs to undertake a structural change to its wholesale pricing model that takes into account the changing nature of broadband use in the wake of the pandemic, independent telecommunications analyst Paul Budde says.

Published in Telecoms & NBN

The Federal Court has found that Google LLC and Google Australia Pty Ltd misled consumers about personal location data collected through Android mobile devices between January 2017 and December 2018.

Published in Listed Tech

Reconciliation Australia has dropped Telstra from its elite Elevate leaders group in the wake of the company admitting it had breached consumer law by selling post-paid mobile products to Indigenous customers.

Published in Telecoms & NBN

Telecommunications provider Superfone has been fined $300,000 by the Federal Court for making false and misleading representations plus unsolicited telemarketing sales.

Published in Telecoms & NBN

The ACCC has accepted a court-enforceable undertaking from Visa AP (Australia) Pty Ltd and Visa Worldwide Pte Limited (together, Visa) "in relation to concerns that Visa may have limited competition in relation to debit card acceptance through its dealings with large merchants."

Published in Technology Regulation

Small business inquiries to the ACCC increased 60% in 2020 compared to the previous year, in part due to businesses seeking information about their obligations to consumers during the COVID-19 pandemic, according to a new report from the ACCC.

Published in Technology Regulation

Gas prices fell significantly during the past year, driven in part by the COVID-19 pandemic, but the competition and consumer watchdog, the ACCC, has flagged that lower prices may not last, with the risk of a supply shortfall remaining.

Published in Market

The news media code will be considered in Parliament in the week beginning 15 February after the Senate Economics Legislation Committee submitted its report on the bill to Treasurer Josh Frydenberg on Friday evening.

Published in Technology Regulation

Search behemoth Google, which is trying to muscle the Australian Government into accepting a news media code devised by itself, has contradicted its own threat to pull out of the market by slyly approaching smaller news organisations and trying to cut deals on its (Google's) terms.

Published in Open Sauce

The Australian competition watchdog claims Google has immense power in the local online advertising industry, and is able to favour its own related business interests while supplying ad services.

Published in Technology Regulation

The competition watchdog, the ACCC, will not oppose financial services company IOOF’s acquisition of the National Australia Bank owned MLC Wealth Management.

Published in Strategy

Regional Australia Bank has announced completion of integration and deployment of Biza.io’s Consumer Data Right (CDR) solution in just three months, enabling participation in information sharing with the Big Four banks through the new open banking system which went live in July.

Published in Market

Increased broadband speeds have improved performances of popular streaming services such as Netflix and YouTube during mid-September and October when compared to a pre-COVID baseline of February 2020, according to the ACCC.

Published in Telecoms & NBN

The boffins at Google know many things, but one of the lessons in life they have failed to grasp is that one should learn to acknowledge defeat gracefully.

Published in Open Sauce

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