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ACCC 2023/2024 enforcement priorities
Competition and consumer law issues in financial services, essential services and wholesale gas markets will be a focus for the ACCC. Cartels and anti-competitive conduct remain an ongoing focus. In terms of consumers and small businesses, there will be particular focus on manipulative or deceptive advertising practices in connection with digital services and 'green' claims. The ACCC is also advocating for law reform in relation to digital platforms, unfair trading, consumer guarantees and merger control. ...
In Touch: Honeysuckle and nib granted conditional authorisation; and other developments
The ACCC authorises Honeysuckle Health and nib Health Funds to form a buying group; Bunnings' to acquire Beaumont Tiles; Microsoft to acquire Nuance Inc; Qantas and Emirates seek extension to cooperative agreement; ACCC to investiate Qube Logistic’s acquisition of Newcastle Agri Terminal; NSW and ACT unis permitted to collaborate on travel arrangements for the return of internationals students. ...
In Touch: ACCC successfully appeals Employsure Google Ads case; and other developments
ACCC successfully appeals Employsure Google Ads case; Decathlon fined; ACCC commences proceedings against Mercedes-Benz re Takata airbags; Phoenix Institute ruled to have acted unconscionably; Country Press Australia given the green light to collectively bargain with Google and Facebook; ACCC commences proceedings against Telstra, Optus and TPG re NBN speeds ...
Competition law and climate change
In the light of the mounting pressure on businesses to address climate change risks, there is growing impetus to collaborate on effective ways to approach climate change management. ...
ACCC's recommendations for contract markets
As part of the ACCCs Retail Electricity Pricing Inquiry Final Report the ACCC made two key recommendations in relation to contracts markets that the National Energy Laws be amended to require the reporting of over the counter trades to a repository administered by the Australian Energy Regulator and ...
Federal Court hangs up on ACCC over TPG pre-payments; ACCC calls for more claret-y between winemakers and growers; and Viva/Liberty deal gets green light
Federal Court hangs up on ACCC over TPG pre-payments; ACCC calls for more claret-y between winemakers and growers; and Viva/Liberty deal gets green light ...
Sydney Airport acquisition named M&A Deal of the Year
This is the second year the firm has worked on the M&A Deal of the Year, with the merger of Santos and Oil Search taking out the award in 2022. 'We are fortunate to have clients that trust us with ...
Allens advises Fortuna Silver Mines on acquisition of Chesser Resources
'We are pleased to have supported Fortuna with this acquisition. It reflects a continued trend of consolidation in the mining sector and specifically in precious metals,' said lead Allens partner ...
Allens acts for Livent Corporation on all-stock merger of equals with Allkem to form AU$15.7bn leading global integrated lithium chemicals producer
Announced on 10 May, the all-stock merger of equals is the latest in a succession of large M&A transactions to secure supply of lithium and other critical minerals. Allens has also recently advised ...
Allens advises Rio Tinto on critical minerals acquisition in NSW
The investment is Rio Tinto's first in scandium in Australia, a critical mineral considered essential to low-carbon transition thanks to its ability to strengthen and improve the mechanical ...