251-260 of 368 results
Corporate law developments
Welcome to the first edition of Nucleus our monthly snapshot of regulatory updates and other developments in corporate law We know you are busy so our focus is on capturing key issues ...
National Energy Guarantee
The Energy Security Board recently released a report summarising the results of its modelling of the Federal Governments new energy policy the National Energy Guarantee The Energy Security Boards report was considered by the COAG Energy Council at its meeting on 24 November 2017 and gives an insight ...
Penalties ordered in ACCC cartel action against Cryosite are a strong reminder of rules prohibiting 'gun jumping'
The Federal Court has imposed civil penalties of 105 million on Cryosite Limited for engaging in cartel conduct case as result of 'gun jumping' in a merger. ...
Gift cards sold to Australian consumers must be valid for at least three years
From 1 November 2019 gift cards sold in Australia must be valid for at least three years under new legislation setting out a national framework for their regulation This provides greater certainty for issuers of gift cards who might otherwise have to comply with different state and territory laws ...
Federal Court reverses systemic unconscionability finding against vocational education provider
The Full Court of the Federal court of Australia has overturned a decsion of a single judge which held Unique International College had engaged in systemic unconscionable conduct with the supply of online vocational education courses to consumers in NSW. ...
ACCC proposes default retail prices
A major recommendation in the ACCCs Retail Electricity Pricing Inquiry Final Report is to abolish standing offers and replace them with an obligation on retailers to supply at a price no higher than the level determined by the Australian Energy Regulator to be known as the default offer The ACCC ...
ACCC wants changes to the National Electricity Market
The ACCC recommends changes be made to the structure of ownership of generation assets and incentives in place regarding bidding and generation investment We examine the operation of the National Electricity Market why the ACCC is concerned about market concentration and their recommendations for ...
ACCC brings first 'excessive surcharge' proceedings
The ACCC has instituted Federal Court proceedings against Europcar for allegedly imposing excessive payment surcharges on customers. This is the first court proceeding commenced by the ACCC under the new prohibition and serves as a reminder to businesses that card payment surcharges must be limited. ...
Court finds PZ Cussons spotless in alleged laundry detergent cartel
Allens acted for PZ Cussons in successfully defending the first contested hub and spoke cartel case brought by the ACCC ...
ACCC calls for comment on electricity retail supply and pricing
The ACCC has taken the first major step in its inquiry into electricity retail supply and pricing in the National Electricity Market by releasing an issues paper and calling for submissions by 30 June 2017 The issues paper focuses on three broad areas the pricing costs and profits of electricity ...