581-590 of 780 results
Significant High Court decision on settlement of regulatory proceedings
The High Court today held that parties and regulators are permitted to put before the court an agreed position as to the value of a penalty reached as part of a settlement agreement Our Regulatory team reports ...
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 ...
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 ...
Clarity on what constitutes a misleading consumer guarantee representation
A recent Full Federal Court decision has provided welcome clarity on what constitutes a misleading consumer guarantee representation. ...
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. ...
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 ...
The ACCC's Consumer Data Right Rules Framework
In preparation for the implementation of the first phase of the Consumer Data Right CDR on 1 July 2019 and fresh off the consultation period for the Federal Governments draft CDR legislation the Australian Competition and Consumer Commission ACCC released the Consumer Data Right Rules Framework the ...
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 ...
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. ...
'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 ...