NAB acquisition of digital bank 86 400 unlikely to substantially lessen competition

Resale price maintenance penalty

The ACCC has accepted a court enforceable undertaking from Visa to address competition concerns in its dealings with merchants.

The ACCC has announced its 2021 enforcement and compliance priorities.

The ACCC has released a Statement of Issues in relation to Aon plc’s proposed merger with Willis Towers Watson plc (WTW)

The ACCC had preliminary concerns about MYOB’s proposed acquisition of GreatSoft

On 18 June 2020 Wilhelmsen Ocean AS (WWO) pleased guilty to criminal cartel conduct. It has now been convicted and ordered by the Federal Court to pay a fine of $24 million.

The ACCC has granted interim authorisation to Vintage Energy Ltd, Metgasco Ltd and Bridgeport Pty Ltd to enter into joint marketing arrangements.

The ACCC’s Digital Advertising Services Inquiry Interim Report was released today.

Google has completed its acquisition of Fitbit. This comes while the ACCC was still conducting an informal review. The ACCC had previously released a statement of issues and rejected a proposed undertaking. The matter has become an enforcement investigation for the ACCC.

Jason Ellis, former general manager of sales and marketing at BlueScope Steel Limited, has been sentenced to eight months imprisonment for inciting the obstruction of an ACCC cartel investigation.

The ACCC has identified preliminary competition concerns over Woolworth’s proposed acquisition of a 65% share of PFD Food Services.

Treasurer Josh Frydenberg has announced that Anna Brakey and Peter Crone will join the ACCC as Commissioners this month, both for five year periods.

ANZ, Citigroup, Deutsche Bank and six senior banking executives were today committed to the Federal Court of Australia for trail on criminal cartel charges.

The High Court has dismissed the ACCC’s application for special leave to appeal from the Full Federal Court’s decision that the PN acquisition of the Acacia Ridge terminal would not be likely to substantially lessen competition.

Criminal cartel charges have been laid against pharmaceutical ingredient company, Alkaloids of Australia Pty Ltd, and its former export manager, Christopher Kenneth Joyce. Each have been charged with 33 criminal offences.

The ACCC is consulting on the proposed undertaking offered by Google in connection with its proposed acquisition of Fitbit.

The ACCC has instituted Federal Court proceedings alleging Peters Ice Cream engaged in conduct ‘which hindered or prevented competition for the supply of single-wrapped ice creams to petrol and convenience retailers.’

The ACCC ahs granted interim authorisation to Virgin Australia and Alliance Airlines to cooperate on 41 regional routes and two short-haul international routes.

ACCC Chair, Rod Sims, has just delivered his annual address to the Law Council of Australia Business Law Section’s Competition and Consumer Workshop.