Region: Australia

Google reticent on market definition in Epic Games and class action lawsuits

Google has told an Australian court that defining a relevant market in defence of two lawsuits alleging it illegally monopolises application distribution and in-app payment systems is “a little difficult to do”.

19 September 2023

Qantas/China Eastern alliance should be cancelled, ACCC says

An eight-year alliance between Qantas Airways and China Eastern Airlines should be cancelled because the public benefit no longer outweighs harm to competition, Australia’s antitrust watchdog has said.

15 September 2023

Boehringer Ingelheim first to break ranks in Brazilian cartel probe

Drugmaker Boehringer Ingelheim has struck a settlement deal with Brazil’s competition watchdog, agreeing to pay a €4.35 million fine to end a probe into its role in a nearly three-decade-long conspiracy.

14 September 2023

Australian court accepts settlement fine against bid-rigging conspirator

An Australian court has accepted a plea from the country’s antitrust watchdog to impose a low fine on a technology infrastructure provider after it admitted to rigging bids for services at three mining sites.

07 September 2023

Former ACCC boss urges rethink of airline sector competition restrictions

Denying Qatar Airways the opportunity to operate more flights to and from Australia harms competition at a time when Qantas Airways is facing huge public pressure for posting record profits, a former head of the country’s antitrust watchdog has said.

05 September 2023

ACCC rejects request to bless RPM arrangement

A proposal from a paint spray manufacturer to impose minimum advertising prices on its distributors would likely dampen competition and lead to consumers paying more, Australia’s antitrust watchdog has found.

31 August 2023

Australian tribunal to rule on ANZ/Suncorp by early 2024

The complexity of assessing ANZ’s proposed acquisition of Suncorp’s banking division requires an extended review until February 2024, the Australian Competition Tribunal has held.

29 August 2023

Australian steelmaker ordered to pay record €34.2 million cartel fine

Australia’s largest steelmaker has received the highest-ever penalty imposed for cartel conduct in the country for attempting to induce nine businesses into a price-fixing conspiracy for flat steel products.

29 August 2023

Australian government launches competition policy review

A newly-established competition taskforce in Australia has launched a two-year review into whether the country’s competition framework is fit for purpose.

25 August 2023

Australian farmers worried over potential sale of key fertiliser company

A trade group has called on Australia’s Foreign Investment Review Board to ensure that the potential sale of the country’s largest fertiliser manufacturer to an Indonesian state-owned company does not harm the national interest.

14 August 2023

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