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ACCC

This Month

Prime Minister Anthony Albanese basks in WA’s GST-fuelled budget this week.

GST and gas show a government that’s still out of tune

A huge GST handout to WA and a report that gives a free pass to the state’s gas industry show how far parochial toadying in the west will go.

  • Laura Tingle
Seven West Media chairman Kerry Stokes.

Stokes’ anti-AFR price rise could breach competition law: Samuel

Billionaire Kerry Stokes has faced political criticism – and calls for an ACCC investigation – for forcing The Australian Financial Review print edition out of his home state of WA.

  • Sam Buckingham-Jones, Tom McIlroy and Tom Rabe
Shoppers are increasingly waiting for regular items to be discounted, with the major retailers alternating when they drop prices.

Half-priced detergent every few weeks? Shoppers can smell a rat

Deep food and grocery discounts have become increasingly popular with consumers, but the cost is unfairly borne by suppliers, prompting calls for change.

  • Updated
  • Sue Mitchell
States should give the power to regulate partnerships of economic significance to the federal government.

Consulting firm fixes are impractical and an overreach

More importantly, they are not necessary to correct a deficiency in the regulation of delinquent behaviour, says the former ACCC chairman.

  • Graeme Samuel
The report said supermarkets should face prosecution over price gouging.

Calls for power to break up Coles and Woolies split inquiry

The ACCC should get new legal powers to prosecute supermarkets found to be engaging in price gouging, a parliamentary inquiry has recommended.

  • Tom McIlroy and Carrie LaFrenz
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Vanessa Hudson says Qantas failed to communicate.

Vanessa Hudson’s ACCC settlement is six months too late

Vanessa Hudson could have made settling the ACCC case a hallmark of her regime. Nine months after her elevation, it’s a little late for that.

  • Myriam Robin
Chairwoman Gina Cass-Gottlieb initially said the consumer watchdog would seek a record penalty of over $250 million.

Why didn’t ACCC litigate Qantas?

Is what might be seen as regulatory brand ransom to force companies to admit to lesser charges and avoid the need to litigate, the way the watchdog should seek to uphold Australia’s consumer protection and competition law?

  • The AFR View
Gina Cass-Gottlieb and Vanessa Hudson.

Qantas’ Hudson takes the chance to shed some Joyce baggage

Vanessa Hudson has finally accepted reality by making a deal with the competition watchdog over ghost flights.

  • Jennifer Hewett
Gina Cass-Gottlieb and Vanessa Hudson.

Qantas pays $120m to settle ghost flights case

Customers on cancelled flights will receive up to $450 in compensation after the airline admitted it misled travellers and agreed to pay $120 million to settle.

  • Updated
  • Ayesha de Kretser and Lucas Baird
Qantas CEO Vanessa Hudson has ticked off another milestone on her turnaround plan.

Admitting Qantas’ ‘ghost flight’ misconduct is a win for Hudson

Qantas CEO Vanessa Hudson has taken the pragmatic approach of fessing up to the ACCC and ending the so-called ‘ghost flights’ case. It’s another step in her rebuild.

  • James Thomson

April

Chemist Warehouse’s deal to list via Sigma Healthcare is part way through an ACCC merger review.

How Chemist Warehouse can get its deal past the ACCC

Divestments may be needed to get the Chemist Warehouse/Sigma deal over the line, but they don’t look too strenuous.

  • Updated
  • Anthony Macdonald
Woolworths has been lowering prices to catch Coles’ faster growth.

Woolies cuts prices in bid to catch Coles’ growth

A JPMorgan survey of private label products shows the supermarket giants are competing more aggressively on price, closing the gap with discount retailer Aldi.

  • Carrie LaFrenz
Sarah Hanson-Young says it is ‘extraordinary’ that the government’s Climate Action certification has been sold to companies despite concerns.

Companies at risk of ‘state-sponsored greenwashing’, Senate told

The ACCC has not yet signed off on the government’s Climate Active carbon neutrality certification even though more than 500 companies already use it.

  • Hannah Wootton
Darryl Kerrigan (Michael Caton) and his lawyer Dennis Denuto (Tiriel Mora) in <I>The Castle</I>.

Forced supermarket break-ups ‘a dopey idea’

Former Productivity Commission chairman Peter Harris questions legality of such an arrangement, citing the clause in the Constitution that saved The Castle’s Darryl Kerrigan.

  • Ronald Mizen
Federal Treasurer Jim Chalmers and ACCC chairwoman Gina Cass-Gottlieb are reshaping Australia’s competition laws for the 21st century.

Five practical ways to turbocharge competition

Former productivity commission chairman Peter Harris suggests that supermarkets, banks and qualifications are some of the areas to focus on.

  • Ronald Mizen
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Bank of Queensland CEO Patrick Allaway is about to deliver a 35 to 40 per cent fall in half-year profit.

Regional banks dying a slow death

The country’s smaller banks have a bleak future due to higher cost of funds, excessive capital requirements, costly technology upgrades and lack of scale. But will regulators do anything about it?

  • Tony Boyd
The court has played a role in ensuring decisions are based on reality, not ACCC economic theory.

Wrong to shield merger regulators from the scrutiny of the courts

Under the proposed merger laws the only recourse will be to the ACT. That’s worrying when you look at the history of head-scratching decisions by the ACCC.

  • Zaven Mardirossian and Gabriel Sakkal
Federal Treasurer Jim Chalmers and ACCC chairwoman Gina Cass-Gottlieb are reshaping Australia’s competition laws for the 21st century.

The merger that is paying competition dividends

The new deal laws out this week suggest that bringing Gina Cass-Gottlieb into the ACCC led to a poacher-turned-gamekeeper story for the ages.

  • Ronald Mizen
The review by former Federal Labor Minister, Craig Emerson, demonstrates how politics and public policy now works in Australia.

Emerson review has no evidence to support mandatory supermarket code

Amazon and Bunnings aren’t covered because consumers love them. That shows it is all about political cover to bash Coles and Woolworths for inflation.

  • Robert Hadler
Treasurer Jim Chalmers with ACCC chairwoman Gina Cass-Gottlieb in Sydney on Wednesday.

Merger reforms ‘will stymie big tech buying up start-ups’

Citing Facebook parent Meta’s purchase of Instagram in 2012 and WhatsApp in 2014, Gina Cass-Gottlieb said it was important the ACCC was able to think broadly about merger effects.

  • Ronald Mizen and Hannah Wootton