Displaying items by tag: Competition watchdog

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).

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.

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 competition watchdog, the ACCC has published National Broadband Network operator NBN Co’s revised proposed variation to its Special Access Undertaking and the material that NBN Co has so far provided in support of its proposal.

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.

Nine Entertainment has called for a regime to regulate dominant digital platforms — aka Google and Facebook — which would be administered by the Australian Competition and Consumer Commission, and new powers for the competition watchdog to issue rules in order to encourage more competition.

The Australian Competition and Consumer Commission has suggested that a regulatory entity which can investigate and curb the influence of technology giants Google and Facebook be set up, as part of the recommendations in a preliminary report from its inquiry into digital platforms.