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The Latest Breaking News from the Australian Competition and Consumer Commission

Star shares plunge to all-time low; hundreds of dead mackerel off WA coast – as it happened

Shares in Star Entertainment plunged by more than 19% to an all-time low of 10.5 cents

The Guardian - AU

Call for states to fire up new gas to avoid shortfall

Federal Labor has been urged to reverse "anti-gas policies" with structural shortfalls forecast from 2027 and Australians still under the pump on energy bills.

AAP

Woman with intellectual disability who Optus allegedly signed up to 24 contracts just one of hundreds in lawsuit

ACCC alleges telco sold hundreds of vulnerable people phones and plans they couldn’t afford, mostly from three stores

The Guardian - AU

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Should a big tech tax fund news? A new report reopens debate on platforms and media

Meta’s announcement nearly eight months ago that it would no longer do commercial deals under the News Media Bargaining Code has led to much speculation as to how the government would respond.

The Conversation

Woolworths and Coles blame suppliers and ‘outbreak of high inflation’ in fake discounts case

Supermarket giants appear in federal court in Melbourne for first time since ACCC launched action over alleged price increases and discount deals

The Guardian - AU

‘Concerning’: ACCC interim report on supermarket inquiry tells of supplier woes and ‘oligopolistic’ market

It hasn’t been a good week for Coles and Woolworths. On Monday, the Australian Competition and Consumer Commission (the national competition regulator or ACCC) announced it was taking legal action against the big supermarkets over alleged misleading pricing claims.

The Conversation

The competition watchdog wants to help businesses work together on sustainability – but it’s forgotten a key part

When businesses work together – for whatever reason – they run the risk of breaching the competition laws enforced by our national watchdog, the Australian Competition and Consumer Commission (ACCC).

The Conversation

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Fines of $10 million will force supermarkets to think carefully before exploiting suppliers, but more could have been done

Suppliers of food and other products have been complaining for years about their treatment at the hands of Woolworths, Coles and Australia’s other big supermarket chains, although rarely to the supermarkets themselves – perhaps, as suggested in a recent Four Corners program, because they feared retribution.

The Conversation

Albanese government will impose mandatory code and big penalties to stop supermarkets treating suppliers badly

Supermarkets guilty of anti-competitive behaviour towards suppliers will face large penalties under a mandatory Food and Grocery Code of Conduct the Albanese government will implement.

The Conversation

The Chemist Warehouse merger is a sideshow – pharmacies are ripe for an ‘Uber’ moment

True competition is hard to find among dispensaries but the government could allow unlimited discounting if it wasn’t worried about a backlash from owners

The Guardian - AU

The Chemist Warehouse deal is a sideshow: pharmacies are ripe for bigger disruption

There’s something curious about the proposed merger between Chemist Warehouse and Sigma Healthcare.

The Conversation

ACCC flags concerns over $8.8b Chemist Warehouse merger

The Australian Competition and Consumer Commission says it has preliminary competition concerns about the $8.8 billion merger, and is soliciting feedback.

AAP

Worried your address, birth date or health data is being sold? You should be – and the law isn’t protecting you

Australians don’t know and can’t control how data brokers are spreading their personal information. This is the core finding of a newly released report from the Australian Competition and Consumer Commission (ACCC).

The Conversation

Call to regulate Port of Newcastle following increase fee hike

Call for Port of Newcastle regulation following fee increases.

Newcastle Herald

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The Guardian - AU

Anthony Albanese announces year-long investigation into supermarket prices by ACCC

Prime minister says treasurer Jim Chalmers will direct competition watchdog to conduct 12-month price inquiry into supermarkets

Pedestrian.tv

The PM Has Publicly Backed The ACCC In Possibly Suing Coles And Woolies Over Price Gouging

The government has said it will support the Australian Competition and Consumer Commission (ACCC) should it move forward and sue Woolworths and Coles over misleading prices. ACCC chair Gina Cass-Gottlieb said it was “carefully looking” at claims that some discounts the supermarkets offered could be considered deceptive conduct, with retailers allegedly increasing…

Pedestrian.tv

Coles, Woolies And Aldi Target Of ACCC Complaint Over Misleading Label On ‘Sustainable’ Fish

Supermarkets could be hit with significant fines for misleading customers with false sustainability claims, if a complaint to the Australian Competition and Consumer Commission (ACCC) is proven true.

The Guardian - AU

Qantas claims it doesn’t sell tickets to flights but ‘bundle of rights’ in defence against ACCC case

The airline’s defence to the Australian Competition and Consumer Commission legal action denies it charged customers a ‘fee for no service’

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The Conversation

Even if Qantas is fined hundreds of millions it is likely to continue to take us for granted

As Qantas faces up to tough questioning from a Senate committee and a claim from the Australian Competition and Consumer Commission (ACCC) for as much as A$600 million for allegedly selling tickets on more than 8,000 “ghost flights” it had already cancelled, its customers might be thinking things are about…

Pedestrian.tv

A Dating Site Has Been Accused Of ‘Entrapping’ Singles And Creating A Toxic Membership Cycle

The Conversation

Booking customers on flights that were cancelled – how could Qantas do that?

Fining Qantas A$600 million if it is found to have knowingly sold so-called “ghost flights” would be fair, according to the Australian Competition and Consumer Commission.

Crikey

Qantas has tickets on itself

The Australian Competition and Consumer Commission is going after Qantas for allegedly selling tickets on thousands of flights it had already cancelled, and the Greens and Labor are now fighting a ‘super war’ over paid parental leave.

The Conversation

Flying under the radar: Australia's silent and growing competition crisis

Australia has long had far less competition in consumer markets than the US.

The Conversation

What are your rights as an Airbnb renter in Australia? A law expert answers 6 common questions

Airbnb has revolutionised the short-stay industry. Launched in 2008, it now eclipses the world’s biggest hotel chains. In Australia alone there are about 100,000 listed properties.

The Guardian - AU

ACCC to compel companies to back up environmental claims with evidence

Australia’s competition watchdog publishes draft guidelines in a bid to stamp out greenwashing

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