In the media
Federal Court slams criminal case against ANZ as a
'complete shemozzle'
Prosecutors ditch a long-running criminal case against ANZ
and one of its senior executives after the Federal Court describes
the matter as a "complete shemozzle" and "fairly
pointless" (04 November 2021).
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PS Agencies warned to avoid cartel collusions
The ACCC has alerted public sector Agencies to take care
when dealing with procurement processes that they don't
inadvertently break the law, and encourages public sector
procurement professionals to identify and remedy any potentially
anti-competitive elements in any procurement procedures, policies
or guidelines (04 November 2021).
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ACCC's call to crank Google's search
engine
The ACCC's third
Digital Services report has called for greater powers to combat
Google's dominance in search engines in Australia. Mr Sims said
the ACCC recommended that it be given the power to develop and
implement a mandatory search engine choice screen and to develop
additional measures to improve competition and consumer choice in
search engines (01 November 2021).
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Aussie firm to launch $100M class action over dodgy QOIN
token
The issuers of the Australian token QOIN are set to face a
$100 million lawsuit accusing them of pyramid selling and fraud.
Law firm Salerno Law plans to file a lawsuit accusing BPS Financial
Limited — the company behind the QOIN token — of
engaging in misleading and deceptive conduct, pyramid selling of
financial products, and failing to comply with financial services
regulations (01 November 2021).
Warning on cartel conduct risk in public sector
tenders
The ACCC is warning public sector agencies to be alert to
the potential for collusion between bidders during procurement
processes, following a recent ACCC investigation where departmental
processes contemplated cooperation by competing businesses on
government tenders (01 October 2021).
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New TPG and iiNet customers asked to waive their service
guarantee rights
Two of the groups' brands, TPG and iiNet, require new
customers to waive the Customer Service Guarantee. In some cases,
these waivers are obtained verbally, and customers may be confused
about what they've agreed to. Just because they are waiving
that guarantee doesn't mean they lose their other rights [such
as protection against] misleading and deceptive conduct, according
to Andrew Williams, Australian Communications Consumer Action
Network (01 October 2021).
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Former export manager of pharmaceutical ingredient
company pleads guilty to criminal cartel charges
Christopher Kenneth Joyce, the former export manager of
pharmaceutical ingredient company Alkaloids of Australia Pty Ltd,
has pleaded guilty to criminal cartel conduct in Sydney's
Downing Centre Local Court, under the Competition and Consumer Act,
formerly called the Trade Practices Act (26 October 2021).
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ACCC alleges cartel conduct by roof tilers
The ACCC has taken civil action against two Sydney roof
tiling businesses and their directors, alleging cartel conduct. The
ACCC's allegations also include that, in August 2019, First
Class and Mr Shingles engaged in bid rigging for the supply of
slate roofing services at the Wesley College at the University of
Sydney (25 October 2021).
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