accc - News, Features, and Slideshows

News

• ACCC gives nod to Foster's buyout

  SABMiller won't face any objections from the ACCC over its planned $12.3 billion takeover of Foster's Group (ASX:FGL)

• Court refuses injunction on Metcash-Franklins deal

  Regulator ACCC has failed in its play for a court injunction on wholesale distributor Metcash (ASX:MTS) acquiring the Franklins supermarket chain

• ACCC seeks comment on Layer 2 bitstream service

  The Australian Competition and Consumer Commission (ACCC) has called for submissions into the draft description for a Layer 2 bitstream service.

• Qantas gets tentative nod for NA partnership

  Qantas (ASX:QAN) has been cleared to support services to North America established under its partnership with American Airlines while ACCC weighs giving final approval to the deal

• WAN shareholders approve $4b Seven Media buy

  West Australian Newspapers (ASX:WAN) shareholders have approved its acquisition of Seven Media Group from Seven Group Holdings (ASX:SVW) at an EV of $4b

• Oceania Capital gets ACCC nod to sell security unit

  Private equity firm Oceania Capital (ASX:OCP) has learned the ACCC does not intend to intervene in the sale of its electronic security business to Tyco International Security for $171m

• ACCC gives nod to Southern Cross-Austereo merger

  The ACCC has cleared the $741m acquisition of Austereo Group (ASX:AEO) by Southern Cross Media Group (ASX:SXL), because the two broadcasters have little license overlap

• Scam reports double in 2010: ACCC

  The Australian Competition and Consumer Commission (ACCC) has reported a doubling of scam-related reports in 2010.

• Telstra shops granted collective bargaining authorisation

  The Australian Competition and Consumer Commission (ACCC) has allowed TLS Association (TLSA) to collectively bargain with suppliers on behalf of Telstra licensed shops for five years.

• Firm fined for Facebook, Twitter reviews

  The ACCC has succeeded in having a company fined over allegedly misleading and deceptive claims made in client comments on its Facebook and Twitter pages

• ACCC okays Virgin Blue Etihad alliance

  The Australian Competition and Consumer Commission has granted authorisation for an alliance between Virgin Blue (ASX:VBA) and Etihad Airways

• ACCC may allow Telstra Shop collective bargaining

  Regulator ACCC has proposed to approve a request to allow Telstra (ASX:TLS) shops to band together while bargaining for equipment and business services

• ACCC clears Virgin Blue's partnership plans

  The ACCC has revealed it won't oppose Virgin Blue's (ASX:VBA) plans to enter separate commercial partnerships with fellow airliners Air NZ and Etihad

• ACCC won't intervene in ASX-SGX merger

  The ACCC won't stand in the way of a merger between ASX Limited (ASX:ASX) and Singapore Exchange, after deciding it won't substantially harm competition in the trading facility market

• AMP makes new bid for AXA APH assets

  AMP (ASX:AMP) has submitted a new bid for the Aus/NZ assets of AXA Asia-Pacific (ASX:AXA) in a deal valuing the whole of the latter at $13.3b