The Australian Competition and Consumer Commission (ACCC) has approved gas producer and distributor Arrow Energy’s A$535 million (€407 million) acquisition of rival Bow Energy, despite concerns about rising gas prices.
The Australian Competition and Consumer Commission (ACCC) has lost another case against grocery wholesaler Metcash, as its appeal to block the grocery company’s A$215 million (€163 million) takeover of Franklins supermarkets was dismissed by Australia’s Federal Court on Wednesday.
An Australian federal court has fined Korean Air Lines A$5.5 million (€4 million) for fixing prices as part of an air cargo cartel, bringing the total amount of fines in the case to a record-breaking A$52 million (€31 million).
Commonwealth Bank of Australia (CBA) is set to acquire mortgage and financial planning group Count Financial after the Australian Competition and Consumer Commission (ACCC) announced yesterday it would not oppose the A$373 million deal.
The chairman of the Australian Competition and Consumer Commission (ACCC) has warned businesses not to raise prices unduly after the country’s carbon tax is introduced in 2012.
The Australian Competition and Consumer Commission (ACCC) today announced it will not oppose the A$9.9 billion (€7.2 billion) merger between brewers Foster’s and SABMiller.
The Australian Competition and Consumer Commission (ACCC) has lost its bid for an interim court injunction to stop the merger of supermarkets Franklins and Metcash - but a court will now hear its appeal against the tie-up sooner than expected.
The Australian Competition and Consumer Commission (ACCC) today announced it will appeal against the merger approval of supermarkets Franklins and Metcash Trading.
The Australian Competition and Consumer Commission (ACCC) says that plans by telecoms incumbent Telstra to reform its operations cannot be accepted as they stand.
Grocer Metcash Trading has won federal court approval for its acquisition of rival Franklins’ supermarket business – overturning last year’s decision by the Australian Competition and Consumer Commission (ACCC) to block the deal.