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ARTICLE · 28 MAY 2017

Competition & Consumer Law News – 24 May 2017

Holding Redlich
Holding Redlich
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Holding Redlich

Holding Redlich

Holding Redlich is a large national commercial firm with offices in Melbourne, Canberra, Sydney,...

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This newsletter includes links to recent media releases, reports and cases relating to competition and consumer law.

AustraliaAntitrust/Competition Law
Howard Rapke
Howard Rapke
Ian Robertson
Ian Robertson
Paul Venus
Paul Venus
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In the media

Businesses lost an average of $10,000 to scams in 2016
 Nearly 6000 businesses reported being targeted by scams in 2016 according to the Australian Competition and Consumer Commission's Targeting Scams report, with losses totalling around $3.8million, an increase of almost 31 per cent (19 May 2017). More...

ACCC chairman Rod Sims to turn blowtorch on the Big 4 banks
 The ACCC chairman says that its unprecedented new powers to probe and expose unexplained rates hikes could embarrass Australia's big banks into finally doing the right thing for lenders. Mr Sims said the ACCC did not have the power to set price but could pursue through the courts anti-competitive or price fixing behaviour (19 May 2017). More...

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Merger Reform Update: Critical Amendments To Australia’s Merger Regime Passed By Parliament

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Australia’s Merger Regime Changes Again: Parliament Fine-tunes New M&A Rules

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