Competition and Consumer Law Round-Up
16 November 2024What’s Inside this Issue?
This edition of the K&L Gates Competition & Consumer Law Round-Up provides a summary of recent and significant updates from the Australian Competition and Consumer Commission (ACCC), as well as other noteworthy developments in the competition and consumer law space. If you wish to have more details about the issues outlined in this newsletter or discuss them further, please reach out to any member of the K&L Gates competition and consumer law team.
Enforcement
- ACCC Commences Action Against Coles’ and Woolworths’ Illusory Promotions;
- Misleading Conduct Results in AU$100 million Penalty for Qantas; and
- Honda Penalised for Breach of Information Sharing Requirements.
Mergers and Acquisitions
- ACCC Raises Preliminary Concerns in Relation to Qube’s Proposed Acquisition of MIRRAT; and
- Bill to Enact Mandatory and Suspensory Merger Clearance Regime Introduced.
Notifications and Authorisations
- ACCC Does Not Object to Airservices Australia’s Proposal to Increase Prices.
Noteworthy Developments
- ACCC Releases Interim Report for Ongoing Supermarkets Inquiry;
- ACCC Releases Infringement Notices Guidelines for Telecommunications Companies;
- Treasury Releases Consultation Paper on Consumer Guarantees and Supplier Indemnification Provisions Under the ACL; and
- Albanese Government to Ban Unfair Trading Practices.
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