Online marketplace Gumtree has been given the green light by Australia’s competition regulator to acquire online automotive advertising classifieds services company Cox Media Solutions, allowing Gumtree Cars to be combined with Cox’s Carsguide and Autotrader sites.
Petrol retailers have been warned by the competition watchdog, the ACCC, that they should not use the current COVID 19 pandemic to further increase profits, and should pass on the full benefit of falling oil prices to motorists.
COVID 19: New Zealand’s competition regulator the Commerce Commission has issued guidance for consumers and businesses to assist them in understanding what their rights and obligations are in relation to disruptions to travel, trading and events as a result of the coronavirus pandemic.
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