ANZ today welcomed the Australian Competition Tribunal’s (ACT) decision to authorise the proposed acquisition of Suncorp Bank. In August 2023, ANZ and Suncorp Group applied to the ACT for a review of the Australian Competition and Consumer Commission’s (ACCC) earlier decision [1] not to ...
consumer and competition actRecent and significant changes to Australian consumer protection legislation provide an opportunity to dovetail the burgeoning world of e-commerce with the existing bricks and mortar based consumer legislation Australians had become rather familiar and indeed comfortable with. ...
Historic intellectual property (IP) exemptions provided in section 51(3) of the Competition and Consumer Act 2010 (CCA) were removed on 13 September 2019. Businesses that licence or assign IP rights need to review existing and future arrangements to ensure that they comply with the newly ...
Epic GamessuedApple in Australia's Federal Court in 2020, alleging that the App Store breached multiple sections of the Competition and Consumer Act and the Australian Consumer Law. That lawsuit claimed that Apple illegally "forces Epic (and other app developers) to only use Apple's App Stor...
Sydney: the Australian Competition and Consumer Commission decides Telstra must allow other service providers access to its broadband network on commercial... Sydney: the Australian Competition and Consumer Commission decides Telstra must allow other service providers access to its broadband network on ...
Australian Competition and Consumer Commission clears Arrow and Apotex merger:Strides Strides Pharma Science has said that the Australian Competition and Consumer Commission(ACCC)has decided not to oppose the merger of generic pharma companies Arrow and Apotex,after finding the transaction would not substa...
The NMBC is a piece of legislation under the Competition and Consumer Act, that came into effect on the 2nd of March 2021. It is the ‘world’s first’ legislation dealing with bargaining imbalance between digital platforms and media news businesses. ...
It is recommended by the review that Open Banking should be implemented primarily through amendments to theCompetition and Consumer Act 2010that set out the overarching objectives of the Consumer Data Right, and led by the ACCC, with the Office of the Australian Information Commissioner (OAI...
Australian Consumer Lawmeans the Australian Consumer Law set out in Schedule 2 of the Competition and Consumer Act 2010 (Cth). Indian Rupeesor “Rs.” shall mean the mean the currency of the Government of India. Canadian-U.S. Exchange Ratemeans, on any date, the inverse of the U.S.-Ca...
Rod Sims, chairman of the Australian Competition and Consumer Commission, said that Australia's system of fines was clearly failing. "We see continuing breaches of the act by companies that have been caught before," Sims told the Guardian Australia on Monday. ...