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The Australian government has announced the introduction of a significant extension to the powers of the Australian antitrust regulator, the Australian Competition and Consumer Commission to investigate suspected breaches of the Trade Practices Act.

We expect the ACCC to set out details of how it alleges that a company has received a benefit from the relevant conduct.

The proposed Code is in response to the 2017 report published by the ACCC ("New Car Retailing Industry Market Study").

Marque Lawyers’ semi-regular wrap up of who’s been sprung by the ACCC and how much it cost them.

In our recent update we discussed how rising world oil prices saw the Mauritanian government assert that it would no longer be bound to oil concession agreements with Woodside Petroleum. Woodside was forced to renegotiate those agreements and pay in excess of US$100 million to settle the dispute.

The ACCC has also listed the global and domestic supply chain sector as one of its enforcement priorities for 2022/23.

The Federal Court has breathed new life into section 46 of the Competition and Consumer Act (Cth) 2010.

In a series of developments, the Australian Competition regulator (the ACCC) has cemented its reputation as an aggressive regulator of the competition laws.

The Australian Competition and Consumer Commission ("ACCC") recently announced that it had conducted a sweep of more than 2,000 Australian retail websites that found some businesses...

In September of this year, the European Court of First Instance handed down judgment in Microsoft Corporation v Commission of the European Communities.

Section 53C of the Trade Practices Act has been amended to provide that from 25 May 2009 if you chose to refer to a particular component of a price for goods or services in an advertisement, you must also provide a single total price which is as prominent in that advertisement as the component pricing.

Comparative pricing is a powerful sales tool. However, many franchisors, retailers and suppliers are currently using it incorrectly and are unknowingly at risk of prosecution for breaching the Trade Practices Act.

Buyouts and mergers that result in lessening of competition in the market for goods or services are prohibited.

The James Hardie decision has significant implications for officers of a corporation who act in a dual capacity.

New laws will apply to authorised deposit taking institutions within the meaning of the Banking Act.

Reforms are a turning point in the enforcement of Australian consumer laws. Regulators are being given increased powers and easier enforcement avenues.

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

The Australian Competition and Consumer Commission (ACCC) has started legal proceedings in the Federal Court against Cabcharge over claims it has abused its market power. In its Statement of Claim filed with the Federal Court, the ACCC alleges Cabcharge has breached section 45 and 46 of the Trade Practices Act 1974 (Cth). These sections prohibit corporations from using their substantial degree of market power to engage in conduct for certain anti-competitive purposes.