News Articles for Australian Competition and Consumer Commission

Brewing giant Lion will go ahead with its purchase of Stone & Wood owner Fermentum after the competition watchdog found many more craft brewers will remain.

Seven West Media is proposing to buy regional TV broadcaster Prime in a deal valued at $131.9 million.

The Australian Prudential Regulation Authority has told banks they need to raise the serviceability buffer when assessing new loan applications.

Australia's competition watchdog will not oppose Bunnings' acquisition of specialist tile retailer Beaumont Tiles.

The consumer watchdog has warned Australian airports not to increase its charges for airlines in an attempt to recover lost income due to COVID shutdowns.

Australia's competition watchdog says it needs new powers to curb Google's dominance in advertising technology that sells ads for sites such as YouTube.

A Qantas plan to resume flights between Australia and Japan has been grounded after the competition watchdog said it would reduce competition.

Three payments providers will be allowed to merge despite concerns charges for electronic transactions could later rise.

Australia's three biggest internet providers are being taken to court over NBN promotions that the ACCC claims misled hundreds of thousands of customers.

There's a growing dominance of SUVs in Western Australia's car market, with sales of the vehicles almost triple those of passenger cars in July.

Popular activewear brand Lorna Jane has been fined $5 million in the Federal Court for claiming its clothes prevent the transmission of COVID-19.

Small businesses and Australians with home loans who are struggling through COVID-19 lockdowns can count on their banks to help them, says the Australian Banking Association.

WA dairy company Brownes has been hit with two infringements after failing to comply with a code that requires it to disclose the details of milk supply agreements.

Households could save almost $200 a year by shopping around for electricity, the consumer watchdog says.

Woolworths' takeover of distributor PFD Food Services will go ahead despite concerns the move will eventually lead to fewer workers in the industry.

A $50 million penalty imposed on Telstra for fleecing vulnerable Indigenous consumers is a warning for corporate Australia, the head of the consumer watchdog says.

Experienced lawyer Joe Longo, whose past clients range from fallen 1980's entrepreneurs to global banks, has been appointed chair of the corporate watchdog.

A national report has highlighted the sharp fall in profits by the country's big airports with worse to come this year as passenger numbers struggle to recover.

The Australian Competition and Consumer Commission has been urged to press on with its investigation into Holden's conduct in the lead-up to the closure of the car brand in Australia.

Australians looking for cheap flights are already benefitting from Rex's entry into the domestic market, after Jetstar and Virgin cut prices in response.

Australia's competition watchdog has raised concerns about the proposed merger of insurance brokers Aon and Willis Towers Watson, which are two of the big three players in the market.

The federal government's attempt to invest taxpayer money in new gas projects faces stiff opposition in parliament.

Google's power over the multi-billion-dollar online world of advertising is front and centre of a new consumer watchdog report.

Australia's competition regulator has rejected an undertaking by Alphabet Inc-owned Google that sought to address competition concerns over its planned $US2.1 billion ($A2.8 billion) acquisition of

Popular activewear brand Lorna Jane is being taken to court by the consumer watchdog for allegedly falsely claiming its clothes could eliminate COVID-19 and stop it spreading.

BGC Australia's move to acquire Midland Brick has been given the all clear by the consumer watchdog.

Australian Competition and Consumer Commission (ACCC) officials have started court action against Retail Food Group and allege it kept important details from franchisees when it sold 42 loss-making

Scott Morrison is demanding clarity on reports China has banned Australian coal.

Australian retailer Kogan.com has been found guilty of misleading consumers by falsely claiming to offer a discount on some items, as part of a four-day promotion.

Contractor Downer EDI is selling 70 per cent of its laundries business to a private equity firm for $155 million.

Bega Cheese will buy food and beverage company Lion for $534 million and substantially bolster its product range and retail presence.

Telstra Corporation will appear before the federal court after admitting to ‘unconscionable conduct' when selling post-paid mobile contracts to Indigenous consumers.

Losses to online shopping scams have surged during the COVID-19 pandemic, with Scamwatch now warning people to be cautious when buying their Christmas presents online.

Peters Ice Cream has been accused of stopping other distributors from selling single-wrapped ice creams at petrol stations and convenience stores.

Australia's competition watchdog has temporarily approved collaboration between Virgin Australia and Alliance Airlines to create more regional services.

South Pacific Laundry will no longer proceed with its contested acquisition of Spotless Laundries.

Australia's top competition body will closely scrutinise the domestic flight market as restrictions have led the nation's major airlines to consider strategic overhauls.

WA's Aboriginal Heritage Act may provide an avenue to protect against the exploitation of indigenous artists.

Facebook is threatening to stop Australian users from sharing news if the social media giant is forced to compensate media companies for publishing their stories.

The ACCC has raised concerns with the prospective merger of two of Australia's largest laundry businesses, arguing it may substantially reduce competition across the sector.