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Showing 61 - 70 of 290 results for "ACCC"

UK regulator flags big redress bill likely for Link

JAMIE WILLIAMSON  |  WEDNESDAY, 14 SEP 2022
... approved the takeover as it relates to Link's six other subsidiaries without conditions. After receiving approval from the ACCC last week, Link Group started this week off with a trading halt before providing an update on the Woodford matters. It said ...

ACCC approves Dye & Durham, Link deal

JAMIE WILLIAMSON  |  FRIDAY, 9 SEP 2022
... software. Through its acquisition of Link, it would own 42.77% of PEXA Group, raising significant competition concerns. The ACCC said, without the divestment of its existing businesses, it would be "a near monopoly provider of Electronic Lodgment Network ...

Spirit Super consortium withdraws from port acquisition

ANDREW MCKEAN  |  TUESDAY, 30 AUG 2022
... Consortium has not proceeded with its Port of Geelong acquisition, withdrawing its request for merger clearance from the ACCC. The ACCC recently informed the Spirit Super Palisade Consortium that it continued to hold preliminary competition concerns ...

ANZ, Suncorp deal cops industry backlash

CASSANDRA BALDINI  |  TUESDAY, 19 JUL 2022
... Suncorp's banking division has generated varying industry speculation. The Australian Competition and Consumer Commission (ACCC) has raised concerns around the deal and announced plans to commence a review of the acquisition that will involve extensive ...

Link rejects Dye & Durham takeover bid

ANDREW MCKEAN  |  MONDAY, 11 JUL 2022
... July. In the proceeding days, this $4.30 per share offer was bumped up to $4.57. Notwithstanding the takeover agreement, the ACCC recently said it hadn't yet agreed to provide 'approval' or any decision. The consumer watchdog also said it hadn't reached ...

ACCC delays approval of Link Group acquisition

JAMIE WILLIAMSON  |  MONDAY, 6 JUN 2022
... delaying its decision on the proposed acquisition of Link Group by Dye & Durham Corporation, which was expected this week. The ACCC was due to announce its decision on Thursday, June 9. It will now aim to deliver its findings on June 16. This has been ...

ACCC on financial services priorities

CASSANDRA BALDINI  |  WEDNESDAY, 1 JUN 2022
ACCC chair Gina Cass-Gottlieb has said the regulator is focused on promoting effective competition, investigating allegations of anti-competitive conduct, and protecting the interests of consumers in the financial services sector. Speaking at an AFR ...

Volatile crypto markets need better regulation: CHOICE

ANDREW MCKEAN  |  TUESDAY, 31 MAY 2022
... year the consumer advocacy group reported that Australians lost $99 million in crypto investment scams in 2021. Of note, the ACCC acted over alleged misleading conduct by Meta (formerly Facebook) for publishing scam celebrity crypto ads. The ACCC contends ...

Labor promises cheap childcare, climate action

ELIZABETH MCARTHUR  |  FRIDAY, 1 APR 2022
... it estimates would leave four in five families better off than they are now. Further, a Labor government would require the ACCC to design a price regulation mechanism to shed light on costs and fees in child care with the goal of driving fees down. The ...

Cash bonus and fuel excise cut

TOM WATSON  |  TUESDAY, 29 MAR 2022
... country in the coming weeks, so drivers will have to wait to find out what the exact price impact at the pump will be. And the ACCC has also confirmed that it's petrol monitoring task force will be contacting petrol retailers to set expectations ...