Displaying items by tag: ACCC

The competition watchdog, the ACCC, will not oppose Woolworths Group Limited’s (ASX:WOW) proposed acquisition of Beak & Johnston Holdings Pty Ltd (B&J).

The ACCC has revised the information that NBN Co is required to provide when submitting its replacement module application, due on 2 July 2025.

The ACCC has released a position and consultation paper for the final access determinations inquiry for three (3) voice interconnection services – the mobile terminating access service, the fixed terminating access service and the fixed originating access service.

Australian telecoms operator TPG Telecom Limited has paid A$75,120 in penalties after the ACCC issued it with four infringement notices for alleged contraventions of the Telecommunications Act by failing to comply with its joint functional separation undertaking.

Australian competition regulator the ACCC has given the go ahead for telecoms infrastructure provider Vocus's proposed acquisition of telecoms operator TPG's fixed line business, enterprise, government, and wholesale customer base as well as its fibre and transmission networks.

The ACCC has today published data detailing the National Broadband Network’s (NBN) service quality and network performance, as mandated by a new Record Keeping Rule.

The competition watchdog, the ACCC, has granted authorisation with conditions to the major supermarkets Coles Group, Woolworths Group and ALDI Stores, to continue their collaboration to recycle stockpiled soft plastics and implement the pilot in-store collection program until 31 July 2026.

The Federal Court has found that Telstra made false or misleading representations relating to the upload speed of residential broadband internet services supplied to nearly 9,000 of its Belong customers, following court action by the competition watchdog, the ACCC.

The ACCC has instituted legal proceedings in the Federal Court against The Bradford Exchange Ltd for allegedly making false or misleading representations in its advertising of collectable coins and ingots in breach of the Australian Consumer Law.

The Australian Competition and Consumer Commission Chair Gina Cass-Gottlieb has announced Chief Executive Officer Scott Gregson will be leaving to take up the role of CEO of the Australian Securities and Investments Commission (ASIC).

The ACCC is urging consumers to shop around or at least to contact their electricity provider to ask if a cheaper electricity plan is available, following a decline in retail electricity prices in 2024 that many households are not currently benefitting from.

Global and domestic disruptions continue to destabilise the container freight supply chain, leading to congestion, delays and higher costs, which resulted in some importers having to pay four to 11 times as much for ocean freight as a year earlier, according to the  2023-24 ACCC Container stevedoring monitoring report.

The ACCC is proposing to grant authorisation with conditions to the major supermarkets Coles Group, Woolworths Group and ALDI Stores, to continue their collaboration to recycle stockpiled soft plastics and continue with the pilot in-store collection program until 31 July 2026.

The ACCC has updated its Immunity and cooperation policy for cartel conduct, increasing transparency and certainty about how the immunity program is administered and to clarify the requirements for applicants.

The Australian Competition and Consumer Commission (ACCC) has concluded a combined public inquiry into making access determinations for the three resale fixed line services - wholesale line rental, local carriage service, and wholesale (asymmetric digital subscriber line) ADSL.

The competition watchdog the ACCC has conducted a sweep of sales advertising by Australian businesses online and in store and says it is concerned that a number of claims about the size and scope of discounts may be misleading consumers.

The competition watchdog the ACCC has started civil cartel proceedings in the Federal Court against two companies - Spotless Facility Services Pty Ltd (a subsidiary of Downer EDI Limited - ASX: DOW) and Ventia Australia Pty Ltd (a subsidiary of Ventia Services Group Limited ASX: VNT) - and four senior executives, for alleged price fixing relating to estate maintenance and operation services for the Department of Defence (Defence).

As we approach the busy December and January shopping period, retailers and banks are bracing themselves for a surge in financial fraud. Last year, Australians lost a staggering AU$2.7 billion to scams, according to the Australian Competition and Consumer Commission (ACCC). This figure is expected to rise as Generative AI (GenAI) and other advanced technologies provide scammers with increasingly sophisticated tools.

The competition watchdog the ACCC maintains that Google’s dominance in general search services in Australia has continued despite regulatory and technological changes to search services.

With the passing of the Treasury Laws Amendment (Mergers and Acquisitions Reform) Bill 2024 by the Australian Parliament yesterday, the competition watchdog, the ACCC says it is intensifying its focus to ensure that implementation of the new merger regime is successful when it commences.