Region: Australia

Australian merger regime “skewed towards clearance”, Sims says

The Australian Competition and Consumer Commission is exploring potential reforms to the country’s merger rules, which currently place insufficient weight on competition risks, the chair of the agency has said.

23 February 2021

Banks issued with formal criminal charges in ANZ cartel case

The criminal indictment lodged against ANZ, Citigroup, Deutsche Bank and several of their employees for allegedly colluding to distribute A$789 million worth of ANZ shares to bank executives reportedly contains 44 separate charges.

22 February 2021

Facebook and Google diverge on Australian news law

Facebook has blocked its Australian users from sharing or viewing news content in response to the country’s proposed pay-for-news law, on the same day that Google came to a compensation agreement with media conglomerate News Corp.

18 February 2021

Aon/Willis Towers Watson faces hurdles in Australia

Australia’s competition watchdog is concerned that Aon’s proposed US$30 billion acquisition of rival Willis Towers Watson will substantially harm competition in the market for three broking and advisory services.

18 February 2021

ACCC raises nascent competition concerns over software merger

Australia’s competition watchdog has raised concerns that a proposed tie-up between two software companies would harm competition in the market for accountancy software by removing a potentially strong competitor.

11 February 2021

Herbert Smith Freehills hires ex-Clayton Utz partner

Linda Evans has joined the competition group at Herbert Smith Freehills as a partner in Sydney after nearly 30 years at Clayton Utz.

10 February 2021

Epic slams Apple in submission to ACCC

Epic Games has told Australia’s competition watchdog that Apple’s “unrestrained market power” allows the iPhone-maker to impose limitations on app developers to the detriment of competition.

05 February 2021

Wilhelmsen criminally convicted for roll-on roll-off cartel

Australia’s Federal Court has convicted Wallenius Wilhelmsen Ocean of criminal cartel conduct in the automotive shipping sector and ordered the company to pay a fine of more than €15 million.

05 February 2021

Google could be self-preferencing, Australian report warns

Australia's antitrust watchdog has published a preliminary report on the state of competition in the ad tech market, concluding that industry leader Google could be unlawfully self-preferencing its own services.

28 January 2021

Google acquiesces to publishers in France, pushes back in Australia

Google has agreed to pay French publishers for displaying their content in its search results – at the same time as threatening to withdraw its search engine from Australia over the same issue.

25 January 2021

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