The consumer watchdog has decided not to approve GPC Asia Pacific's proposed $43 million acquisition of Automotive Holdings Group's Covs Parts business on the grounds that it would substantially lessen competition.
Seafood producer and one of Western Australia's largest private companies, Kailis Bros, has been fined $10,800 by the consumer watchdog for misleading conduct.
The Australian Competition and Consumer Commission is understood to be investigating Synergy following predatory pricing complaints from several players in the state's electricity market.
Australia Post has been given the thumbs up by the consumer watchdog to raise the price of a basic stamp by more than 40 per cent while taking longer to deliver the letters they are stuck on.
Brookfield Infrastructure has suffered a blow in its contested takeover bid for port and rail provider Asciano, with the ACCC declining to accept a series of behavioural undertakings offered by the Canadian group.
Treasury has cut Australia's potential economic growth forecast, while predicting a return to a budget surplus will take longer than previously forecast.
The competition watchdog has cleared oil and gas giant Shell's proposed $70 billion takeover of rival BG Group, saying it will not substantially alter the domestic natural gas market.
The competition watchdog has given the go-ahead for Vocus Communications to merge with M2 Group in a $3 billion deal that will create Australia's fourth largest telco.
Takeover target Asciano is hopeful Canada's Brookfield Infrastructure can still pull off its $8.9 billion bid, despite local logistics firm Qube moving to block the marriage.
Australia's competition watchdog believes the planned global merger of oilfield services companies Halliburton and Baker Hughes could give the combined group, and current market leader Schlumberger, too much power.
The competition watchdog has raised concerns regarding Automotive Holdings Group's $43 million sale of its Covs Parts business to GPC Asia Pacific, which already operates the Repco chain.
Former iiNet boss Michael Smith has replaced Russell Withers as chairman of convenience store chain 7-Eleven, while chief executive Warren Wilmot has resigned following revelations the company's franchisees had been underpaying their workers.
Woolworths is expected to develop a supermarket on a site in Singleton, south of Golden Bay, where rival Coles was planning to build one of its stores.
7-Eleven founder and chairman Russ Withers says allegations of staff underpayment by franchisees have challenged all levels of the company, and substantial changes will be made to its business model.
Former head of the Australian Competition and Consumer Commission Allan Fels will lead an independent panel to receive and review claims involving underpaid staff by franchisees of 7-Eleven.
The competition watchdog plans to grant a regulatory exemption to WA Chip & Pulp Co, which will allow the Japanese-owned woodchip exporter to continue its partnership with international grain trader Bunge at the Port of Bunbury.
The corporate watchdog has warned that a future merger between any two of the remaining fixed broadband suppliers would raise serious concerns, while also giving the go-ahead for TPG Telecom's $1.6 billion takeover of iiNet.
The engineering arm of property and infrastructure group Lendlease has won a $96 million contract to build BHP Billiton's new tug harbour at Hunt Point in Port Hedland.
Coles has avoided a public review by the consumer watchdog by offering to divest its freehold interest in a development in Perth's southern suburbs so it can operate a new supermarket nearby in Lakelands.
Australia's corporate watchdog has launched an inquiry into TPG Telecom's planned $1.6 billion takeover of iiNet, after saying the deal may lead to a substantial lessening of competition.
Mining industry groups in Perth and Canberra have come out today in favour of free markets in the iron ore industry, after Fortescue Metals Group chairman Andrew Forrest criticised the actions of heavywights Rio Tinto and BHP Billiton.
The fate of Perth companies iiNet and Amcom Telecommunications rests with Sydney competitor TPG Telecom and its reclusive chairman David Teoh, and possibly with the competition watchdog, after a day of surprises.
Woodside Petroleum has closed its $US854 million ($A1.1 billion) purchase of Apache Corporation's interests in the Kitimat LNG project in Canada, a week after finalising the WA component of the sale.
Perth Airport was given an overall ‘satisfactory' quality of service rating by the competition watchdog, while passengers rated the airport's service quality as ‘good'.
The competition watchdog has proposed to cut prices that other operators pay Telstra to use its copper network to provide telecommunication services to consumers.
The consumer watchdog has given the green light to Woodside Petroleum's proposed purchase of oil and gas assets from US energy company Apache, after concluding it would not have a significant effect on the domestic gas market.
Subiaco-based internet provider iiNet has announced its customers across all brands will have quota-free access to Netflix, when the online streaming service hits Australian shores in less than three weeks.
The North West Shelf's six joint venture partners have yet to declare their hand as a deadline for ending their joint gas marketing agreement draws near.
The consumer watchdog is probing Woodside Petroleum's $US2.75 billion purchase of oil and gas assets from US energy company Apache, over concerns the deal could affect the supply of wholesale gas in the Western Australian market and lead to higher gas prices.
Wesfarmers-owned Coles has received approval from the Australian Competition and Consumer Commission for its proposed acquisition of three Metcash-owned Progressive Supa IGA supermarkets, but is yet to make a decision on the fourth.
CBH Group has withdrawn its proposal to the Australian Competition and Consumer Commission to offer long-term agreements with exporters on port capacity.
The Australian Competition and Consumer Commission has raised concerns about the sale of four Western Australian Supa IGA stores to the Wesfarmers-owned Coles.
The competition watchdog has proposed a shake-up of grain transport in WA by removing Cooperative Bulk Handling's monopoly on transport from its 'up-country' storage facilities.
