Displaying items by tag: Australian Competition and Consumer Commission

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.

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.

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

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.

Audio-Technica wireless headphones with the model number ATH-CK3TW have been recalled due to a fire risk.

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.

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.

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."

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.

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.

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.

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.

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.

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

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.

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.

Broadband speeds have been hitting records during the pandemic, with RSPs now able to deliver almost 94% of the plan speed during the peak evening hours, the Australian Competition and Consumer Commission says.

In his quest to determine whether or not he should give the green light for the merger between search giant Google and American digital health and fitness company Fitbit, ACCC chairman Rod Sims would do well to peruse the transcripts of the entire Google-Oracle lawsuit over Java.

The Australian consumer watchdog has called for submissions on a proposed court-enforceable undertaking offered by Google with regard to its bid to buy American digital health and fitness company Fitbit.

Telstra has been taken to court by the competition watchdog, the ACCC, over its admitted breach of consumer law through “unconscionable conduct” in the sale of post-paid mobile products to Indigenous consumers.