Region: Australia

ACCC has “significant” concerns with hearing aid merger

A medical device maker’s proposed acquisition of a hearing implants business may harm competition and reduce innovation incentives for devices used to treat advanced hearing loss, Australia’s competition watchdog has said.

01 December 2022

Australia issues longest criminal sentence for cartel conduct

An Australian court has sentenced a former manager at an active pharmaceutical ingredient producer to almost three years in jail for his role in a criminal cartel, although he will not actually see the inside of a cell.

29 November 2022

Australia to tweak foreign investment approach for critical minerals with eye on China

Australia’s treasurer has said the country needs to be more “assertive” in encouraging foreign investment in critical mineral markets that aligns with its long-term national interest, as the government signals closer scrutiny of approval applications in that sector.

28 November 2022

Australia allows supermarket recycling cooperation in rare sustainability-focused authorisation

Australia’s competition watchdog has allowed three major supermarket chains to form a recycling “taskforce”, granting their urgent request to cooperate following the suspension of the country’s only return-to-store plastics programme.

25 November 2022

Australia

Featured in Digital Markets Guide - Second Edition

25 November 2022

Australian court sanctions crane supplier for market sharing agreement

Australia’s Federal Court has sanctioned the country’s largest overhead crane supplier for entering into an illegal market sharing agreement with a competitor despite the companies never implementing the conspiracy.

23 November 2022

ACCC calls for ex ante regulatory regime for digital platforms

The Australian Competition and Consumer Commission has called for legally binding codes of conduct to address anticompetitive self-preferencing, tying, exclusivity and data advantages in the digital economy.

11 November 2022

White & Case adds second competition partner in Australia

Belinda Harvey has joined White & Case in Sydney, as the firm looks to build out a full-service antitrust practice in Australia.

04 November 2022

Australian government bolsters sanctions regime

Australian lawmakers have hiked the maximum penalties payable for competition law violations, marking the first time in 30 years that base maximum fines for these violations have increased.

02 November 2022

Qantas complains about ACCC delaying merger review

The Australian Competition and Consumer Commission’s decision to postpone ruling on the acquisition of Alliance Airlines by Qantas for a third time risks undermining confidence in the wider merger review process, the country’s flag carrier has claimed.

31 October 2022

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