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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 ...
Has the ATO tolled the bell for demerger and acquisition scheme structures?
The Deputy Commissioner of Taxation has formally refused a request from AMA Group Limited for demerger relief in connection with a demerger and acquisition transaction involving private equity firm Blackstone casting doubt on the availability of capital gains and income-tax relief for transactions ...
Last minute increase to scheme consideration - a more flexible approach?
A recent Federal Court decision shows a pragmatic approach by the court, in relation to takeover bids effected by way of scheme of arrangement ...
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 ...
Ambush marketing: traders beware!
Everyone knows the famous adage that 'the enemy of my enemy is my friend'. But can the friend of my friend be my enemy? In the context of ambush marketing, the answer can be yes. ...
Acquiring a business? How to 'transfer' social media accounts
Our IP team frequently assists with the sale or purchase of a business, advising on the scope of relevant IP to be transferred and how to transfer that IP ...
First round of proposed changes to Australian Consumer Law released
The Federal Government has released exposure draft legislation and regulations that implement 14 recommendations from the final report on the Australian Consumer Law Review Submissions on the draft reforms are due 28 February 2018 We look at the key reforms to the ACL and the ASIC Act and analyse ...
Federal Court imposes highest penalty to date
The Full Federal Court has allowed the ACCCs appeal and imposed penalties of 46 million for cartel conduct on Japanese wire harness manufacturer Yazaki Corporation The penalty was increased to 46 million from 95 million on appeal and is the highest-ever penalty under the Competition and Consumer Act ...
Getting its priorities straight - ACCC's 2019 product safety priorities
Just in time for World Consumer Rights Day on 15 March 2019 the Australian Competition and Consumer Commission ACCC formally announced its 2019 Product Safety Priorities Partner Miriam Stiel and Senior Associate Julia Taylor explain which issues remain in the hot seat and whats new on the agenda ...
'Fairness in Franchising' report: What you need to know
The Parliamentary Joint Committee on Corporations and Financial Services has completed its inquiry into the operation and effectiveness of the Franchising Code of Conduct the Franchising Code The Committees report recommends 71 wide-ranging recommendations to address perceived power imbalances and ...