Region: Australia

A company that admitted to fixing the price of waste processing services in Sydney was in “absolute panic” at the time of the offence, but its chief executive has remained at the company despite confessing to the collusion, an Australian court has heard.

22 May 2023

The Australian Competition and Consumer Commission has rejected a proposal to extend a partnership between Virgin Australia and Alliance Airlines because the agreement failed to generate the expected public benefits.

05 May 2023

Lilla Csorgo has joined the Australian Competition and Consumer Commission as its chief economist after previously serving in the same role in Canada, Hong Kong and New Zealand.

05 May 2023

The Australian Competition and Consumer Commission has urged the government to implement legal reforms tackling the harm Meta causes to consumers, after its latest digital platforms report concluded the company has “significant market power” in social media services.

03 May 2023

A company with links to China has pulled and refiled an application to acquire an Australian lithium mine before the country’s Foreign Investment Review Board.

26 April 2023

Allen & Overy has promoted two counsel and one senior associate to partner at its offices in Sydney, Amsterdam and Brussels, effective 1 May.

26 April 2023

Australia’s competition watchdog has cleared Sika’s proposed €5.2 billion acquisition of rival chemicals company MBCC Group subject to the up-front divestiture of the latter’s entire business in Australia and New Zealand.

21 April 2023

Qantas’ proposed acquisition of the remaining 80.1% of Alliance Airlines that it does not already own will likely harm competition for air transportation services to certain business customers, Australia’s antitrust authority has said.

20 April 2023

The Federal Court of Australia has fined an architecture company and a former executive for attempting to rig bids for a government-funded university construction project.

13 April 2023

Australia’s merger regime is “no longer fit for purpose” and skews toward allowing potentially anticompetitive deals to proceed, the head of the country’s competition authority has said.

12 April 2023