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ACCC strikes out on PN Aurizon appeal

The ACCC has dismissed the ACCC’s appeal against a 2019 Federal Court decision which found that Pacific National’s acquisition of Acacia Ridge Terminal in Brisbane would not substantially lessen competition as a result of undertakings given by PN. As a result of the appeal the acquisition can proceed without that undertaking.

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Google and Facebook to pay for content

The Government It has ordered the ACCC to stop working on the voluntary code and prepare a new mandatory code of conduct regime to address bargaining power imbalance between the big platforms and the media. It is to be developed for release and consultation in July and subsequent implementation. Treasurer Josh Frydenberg said ahead of the announcement that it’s ‘only fair that those that generate content get paid for it’.

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Concurrences: Women and Antitrust

In this first volume of Women & Antitrust, leading professionals from around the world present reflections and forecasts on topical issues in antitrust and competition law and policy. Nestled among the exchanges are insights into the professional paths of the women interviewed. Through personal anecdotes, they share perspectives on their chosen roles, if and how gender has informed their career choices, and offer advice to young practitioners interested in joining this field.

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Members of Australian Securitisation Forum authorised to work together

‘The ACCC has granted interim authorisation for members of the Australian Securitisation Forum (ASF) to work together to assist smaller lenders to maintain liquidity and issue loans to consumers and small businesses during the economic disruption caused by the COVID-19 pandemic.‘

This follows the federal government announcement of a finance support fund and allows ASF members to coordinate input on how to administer that scheme.

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Vic and Qld private and public hospitals can cooperate

The ACCC has authorised private hospitals in Victoria and Queensland to cooperate with ‘state health agencies, public hospitals and each other’ to prepare for and respond to COVID-19.

No public consultation took place before authorisation; public submissions may now be made and are due by 1 May 2020.

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Energy sector cooperation authorised by ACCC

The ACCC has ‘granted interim authorisation to the Australian Energy Market Operator Limited (AEMO) to allow gas and electricity industry participants to co-operate on measures to ensure secure and reliable energy supply and integrity of wholesale markets during the COVID-19 pandemic.‘

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