Displaying items by tag: ACCC

LG Energy Solution has provided an enforceable undertaking to the competition watchdog, the ACCC, that it will increase its efforts to alert and protect consumers from faulty LG solar storage batteries which can overheat and catch fire without warning.

Global Payments Australia’s proposed acquisition of School Bytes Learning has raised concerns for the competition watchdog, the ACCC.

Four-wheel drive accessory manufacturers, MSA 4x4 Accessories Pty Ltd and Offroad Animal Pty Ltd, have each separately admitted to engaging in resale price maintenance by instructing resellers to not advertise or sell their products below a specified price.

The ACCC has instituted proceedings in the Federal Court against Clorox Australia Pty Ltd, the manufacturer of GLAD-branded kitchen and garbage bags, for allegedly making false or misleading representations that certain kitchen and garbage bags were partly made of recycled ‘ocean plastic’, in breach of the Australian Consumer Law.

Australia’s east coast gas market is expected to have a six petajoule (PJ) surplus in the third quarter of 2024, even if the three LNG producers export all their uncontracted gas, according to the March 2024 interim gas inquiry report by the competition watchdog, the ACCC.

Banking and financial services company HSBC Bank Australia has paid penalties totalling $33,000 after the competition watchdog, the ACCC, issued it with two infringement notices for alleged contraventions of the Consumer Data Right (CDR) rules.

The competition watchdog, the ACCC, does not object to Australia Post’s proposed price increase for its reserved ordinary letter service.

Smaller broadband providers, Aussie Broadband, Vocus and Superloop, gained over 62,000 NBN wholesale services in the December 2023 quarter as the total number of residential broadband services on the NBN remained steady, according to the competition watchdog the ACCC’s latest market indicators report.

Australians on broadband plans provided by non-NBN fixed-line networks should benefit from more stable pricing and greater competition between retailers, following the decision by the competition watchdog, the ACCC, to make a final wholesale access determination for the declared superfast broadband access service (SBAS).

Australia’s competition regulator, the ACCC and its Vietnamese counterpart, the Viet Nam Competition Commission (VCC), have committed to even closer collaboration in securing “strong regulatory and economic outcomes” by signing a Memorandum of Understanding (MOU).

Consumer and competition issues in the supermarket sector and essential services including electricity and financial services are among the compliance and enforcement priorities for the year ahead, according to the competition watchdog, the ACCC.

Facebook parent Meta has decided to pull the plug on Australian media deals it did three years ago, with the company saying on Thursday it would deprecate Facebook News, a dedicated tab for news, in April.

Australia’s competition watchdog the ACCC has asked Australian consumers to share information about how they shop and what they experience through an online survey published today as part of its supermarkets inquiry.

Australia’s competition watchdog the ACCC has issued a warning that it is aware that scammers have been calling people, falsely claiming to help them get a refund from various businesses.

The Australian Communications and Media Authority (ACMA) has flagged five telcos for sending bulk SMS that breached multi anti-scam and public safety rules, totalling to 50 million messages.

The Federal Court has ordered Mazda Australia Pty Ltd to pay $11.5 million in penalties for engaging in “misleading and deceptive conduct and making false or misleading representations” to nine consumers about their consumer guarantee rights.

NBN Co, the company rolling out Australia's national broadband network, has recorded a half-year loss of $696 million for the first six months of fiscal 2024, more than a third over the corresponding six months of fiscal 2023.

Telecommunications company Optus has introduced Optus ScamWise, a new feature that helps recognise trending scams and prevents future circulation.

Australia’s competition watchdog, the ACCC, is seeking stakeholder feedback on its preliminary view that it will not object to Australia Post’s proposal to increase the price of its reserved ordinary letter service by 25 per cent.

Australians are being warned to be alert this holiday season to scammers sending text messages and emails impersonating Australia Post and other well-known courier services.