Displaying items by tag: Competition

New Zealand’s competition enforcement agency The Commerce Commission has accepted enforceable undertakings from electricity lines company Eastland Network Limited for overcharging its customers $327,000 in the 2020 assessment period. 

The annual Call for Code challenge. launched by IBM with support from the Linux Foundation and United Nations, invites the world's software developers and innovators to address climate change with open-source technology. This year four Australian teams are in the finals and one of these projects may well be the winner.

The chief of Australia’s competition watchdog, Rod Sims, has been confirmed as the new vice chair digital co-ordination and Asia-Pacific liaison of the International Competition Network (ICN).

What is Data Science?

GUEST OPINION by Chris Tucker, Vice President – Australia and New Zealand, HCL Technologies:  Data science is an interdisciplinary field that uses scientific methods, processes, algorithms and systems to extract knowledge and insights from structured and unstructured data and apply knowledge and actionable insights from data across a broad range of domains. It’s certainly a lot more than reports and analysis and it’s moving from the back room to the forefront of many businesses as it gives meaning to the numbers.

Debit card system provider eftpos says it is on track to bring large-scale payments competition to Australia’s online retailer sector in November, with a range of additional security features now available to the payments industry.

The ACCC is examining competition and consumer concerns with general online retail marketplaces such as eBay Australia, Amazon Australia, Kogan and Catch.com.au as part of its inquiry into digital platform services in Australia.

New Zealand’s competition enforcement agency The Commerce Commission has laid down its expectations of the country’s fuel businesses ahead of a new regulatory regime taking effect in August.

Ok, so the creative renaming of the ACCC is my idea, and not Adderton’s, but Peter has done the sums, and clearly, the communications competition conundrum isn’t adding up - why were there no consumer protections put in when the TPG and Vodafone merger was approved?

New Zealand’s competition enforcement agency The Commerce Commission has finalised its guidance for directors and senior managers of consumer credit providers and mobile traders on how to comply with the due diligence duty.

The proposed acquisition of Slack Technologies by Salesforce will not be opposed by the competition regulator the ACCC.

New Zealand’s competition enforcement agency The Commerce Commission has issued a warning to power company Genesis Energy about billing errors concerning electricity line charges to business customers. 

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.

App developers need "fair and reasonable terms" when dealing with app stores and "better processes" for the approval of apps to help address the consequences of Google and Apple’s power in the app market, according to a new ACCC report.

Australia’s competition watchdog the ACCC says it is not opposed to the MYOB Invest Co acquisition of GreatSoft, after deeming that the transaction is not likely to substantially lessen competition.

New Zealand’s competition enforcement agency has got tougher on the country’s cartels, with cartel conduct - including price fixing, market allocation and bid rigging - now punishable with a term of imprisonment of up to 7 years.

Australia’s competition watchdog the ACCC has called for stronger measures to be taken to keep high gas prices in check, saying there is a need to ensure businesses and households are not paying more for gas than would be expected in a well-functioning market.

Australian biggest customer-owned bank, Heritage Bank, has teamed up with professional services organisation Ernst & Young Australia (EY) to deploy a new Open Banking solution.

Bring out the ale, because anyone whose name starts with ALE can be in the running to win one of 100 smart-home tech products from Alexa by visiting its dedicated Facebook page.

The competition watchdog the ACCC has raised preliminary concerns over the “substantial lessening” of competition in the accounting software market from MYOB’s proposed acquisition of GreatSoft.

GUEST OPINION: The unprecedented events of 2020 had a profound impact on industrial enterprises worldwide, forcing companies to rapidly pivot to a distributed workforce model. This sudden shift significantly increased reliance on remote-access connections, while accelerating digital transformation and making strong, purpose-built industrial cybersecurity increasingly essential.