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Competition news
In Touch looks at what's been happening in Competition this month and what it means for your business ...
Competition news
In Touch looks at what's been happening in Competition this month and what it means for your business ...
'How to Buy a House for $1' – record $18 million penalties for misleading conduct; Treasury gets down to business on unfair contract terms regime; Punters wins the clearance race.
In Touch looks at what's been happening in Competition this month and what it means for your business ...
Corporate law developments
Welcome to 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 ...
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 ...
Higher penalties for consumer law breaches come into effect
New laws come into effect this week that substantially increase the maximum penalties for contraventions of the Australian Consumer Law The changes were a headline recommendation of the Australian Consumer Law Review and a range of other recommended reforms are currently before Federal Parliament We ...
LNG destination clauses under scrutiny by Japanese competition regulator
Part of the Japanese Ministry of Economy Trade and Industrys strategy for LNG market development which aims to achieve stability in LNG supply and lower prices is to abolish or relax destination clauses with the view that this would lead to lower prices through increased reselling and arbitrage ...
Infrastructure investment in Australia - the road ahead for institutional investors
With large-scale privatisations slowing and intense competition for assets that do come to market institutional investors are looking to non-traditional assets to provide similar long-term stable and predictable returns ...
ACCC successfully appeals air cargo cartel - the widening of 'market in Australia'
The ACCC has won an appeal in the Full Federal Court in the air cargo cartel case against Air New Zealand and Garuda Those airlines were found to have engaged in price fixing conduct within a market in Australia even though the point of competition was outside the country The case clarifies and ...
Plugging the price drip
The Federal Court has found that Jetstar Airways Pty Ltd and Virgin Australia Airlines Pty Ltd contravened the Australian Consumer Law by engaging in drip pricing In doing so the Federal Court differentiated between the types of conduct that will be considered misleading or deceptive under the ACL ...