Displaying items by tag: Mick Keogh

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 competition watchdog, the ACCC will conduct a series of public hearings from 7 to 22 November as part of its ongoing Supermarkets Inquiry.

The competition watchdog, the ACCC, has issued a draft determination proposing to grant authorisation with conditions to the Australian Banking Association (ABA), its member banks, and other industry participants to facilitate business continuity planning in the cash in transit industry.

The competition regulator, the ACCC has published a draft guide designed to help businesses understand the competition law risks that may arise when contemplating working together to achieve positive environmental outcomes.

The ACCC has granted interim authorisation to allow the Australian Banking Association (ABA), banks and retailers to provide financial contributions to cash-in -transit business Armaguard.

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, 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.

The ACCC is warning franchisors to urgently review and amend their standard form franchise agreements or be prepared for potential enforcement action after a review of franchising contracts found wide-ranging concerns.

The competition watchdog, the ACCC, is encouraging businesses to review their standard form contracts and remove or amend any unfair contract terms before new penalties take effect.

The competition watchdog, the Australian Competition and Consumer Commission, has decided not to grant merger authorisation for ANZ Banking Group (ASX:ANZ) to acquire Suncorp Group’s (ASX:SUN) banking arm.

The competition watchdog the ACCC has commenced its formal consideration of ANZ Banking Group’s proposed acquisition of the banking arm of Suncorp.

Major supermarket retailers will form part of a Soft Plastics Taskforce to explore solutions to address the immediate effects of REDcycle suspending its return-to-store soft plastics recovery program, following a conditional ACCC interim authorisation.

The Australian Competition and Consumer Commission (ACCC) says it worked with state and territory consumer protection and work health and safety agencies to conduct a second annual round of surveillance activities, inspecting over 440 quad bike dealers in the process.

Australian farmers and small businesses in rural and regional areas are urged to be cautious, particularly when buying heavy machinery, following a spike in scams targeting the agricultural sector this year.

Australian businesses lost $227 million to payment redirection scams in 2021, a 77% increase compared to 2020.

The competition watchdog, the Australian Competition and Consumer Commission (ACCC), has raised concerns about the property conveyancing sector which is in a transitional period as it moves to electronic conveyancing and digitalisation, outlining “significant preliminary competition concerns” with Dye & Durham’s (D&D) proposed acquisition of Link Administration Holdings (ASX:LNK) in a statement of issues published today.

Six subsidiaries of media firm Nine Entertainment have paid penalties totalling $159,840 after the competition regulator the ACCC issued them with 12 infringement notices for allegedly charging subscribers and advertisers excessive payment surcharges.

Payment redirection scams were the most financially damaging scams for Australian businesses in 2020 according to the competition watchdog, the ACCC’s latest targeting scams report.

Modern tractors, harvesters and other agricultural machinery use complex computerised systems that involve embedded software and specific tools and parts, and the competition regulator the ACCC says purchasers of the machinery would benefit from more independent competition in servicing and repair markets.

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.