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The Latest Breaking News from ACCC

Rex’s demise highlights industry’s favouritism of Qantas and Virgin, former watchdog chair says

Rod Sims says criticism of Rex’s decision to compete with major operators on capital city routes ignores failures of public policy

The Guardian - AU

‘Amazonification’ of Australian live music industry hurting artists and crew, inquiry told

Union tells inquiry consumer watchdog should investigate and accuses Live Nation and competitor TEG of anti-competitive behaviour

The Guardian - AU

Corporate watchdog clears indigenous art centre

The ACCC has found no breaches of consumer law at the APY Art Centre Collective, but another regulator has told it to clean up its books.

AAP

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Car auction site that misled buyers fined $10 million

An Australian online auction business has been hit with a multimillion dollar fine by the consumer watchdog after advertising false and misleading car listings.

AAP

Real criminals, fake victims: how chatbots are being deployed in the global fight against phone scammers

New scambaiting AI technology Apate aims to keep scammers on the line while collecting data that could help disrupt their business model

The Guardian - AU

'Wake-up call': watchdog reignites gas supply warning

Australia's domestic gas market may run into shortfalls as soon as 2027, a year earlier than the competition regulator's last estimate.

AAP

Gas shortfalls for eastern states worse than predicted just months ago, ACCC warns

Projections of shortfalls – and calls for more production – come even as the bulk of gas produced in Australia is exported

The Guardian - AU

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Watchdog warning ends Google deal with Telstra, Optus

Telstra and Optus have agreed to stop accepting payments from Google under deals to pre-install the tech giant's search software as default on their phones.

AAP

Afternoon Update: Democrats worried after poor Biden performance; Nine to cut 200 jobs; and sharp increase in Victorian motorcyclist fatalities

Donald Trump and Joe Biden sparred over abortion and tax policy in the first presidential debate

The Guardian - AU

ANZ’s $4.9 billion Suncorp takeover will now go ahead. Is the government sending mixed messages on business competition?

Two years after the deal was first announced, Treasurer Jim Chalmers has today given the green light for ANZ to acquire the banking arm of Queensland-based insurer Suncorp.

The Conversation

Virtual reality tech, batteries named in safety probe

Battery-powered products and new kinds of consumer gadgets will be closely examined by Australia's consumer watchdog as a top priority.

AAP

Australia’s ‘broken’ childcare system blamed for cost-of-working crisis. What needs to change?

With Labor’s more generous subsidies largely eroded by rising fees, many are now pushing for major reform

The Guardian - AU

Win for dudded savers as banks forced to alert changes

A suite of changes to banking regulations should make it easier for customers to move to more competitive home loan and saving account offers.

AAP

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

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The Canberra Times

Canberra fuel still most expensive in the country, report finds

Drivers are still being bled dry at the fuel bowser.

AAP

LG battery recall ramps up as 4400 homes remain at risk

Faulty solar batteries that have caused house fires are still being used in thousands of Australian homes, forcing LG to intensify recall efforts.

The Guardian - AU

‘Insidious and unsavoury’: how private debt collectors push vulnerable Australians to breaking point

Victims say they have been subjected to constant phone calls, harassment of friends and family members – and even misleading and false threats

The Guardian - AU

Know your rights: what to do if you receive a call from a debt collector

As the cost-of-living crisis drives more people to financial stress, it helps to understand the rules that cover debt collecting

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The Conversation

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).

Pedestrian.tv

MasterChef Has Been Referred To The ACCC For Its Rather Cooked ‘Renewable Gas’ Sponsorship

The heat is turning up.

Newcastle Herald

No port regulation means users pay and keep paying

MONOPOLY POWER: Mining industry warns future customers of hefty fee increases

The Guardian - AU

MasterChef Australia fans being deceived by ‘renewable gas’ campaign, climate advocates tell watchdog

Comms Declare asks ACCC to investigate show sponsor Australian Gas Networks for alleged greenwashing

The Guardian - AU

Nine’s AFR print edition to cease in WA after Seven’s press doubles production price

Seven says decision purely commercial but Financial Review editor accuses rival company of ‘abuse of market power’

The Guardian - AU

Vanessa Hudson has provided a soft landing for Qantas as the airline cuts deal with ACCC

While the new CEO has stemmed some of the reputational damage of the past, the $120m fine is a clear success for the ACCC

The Guardian - AU

Qantas to pay $120m for allegedly selling tickets to flights that had already been cancelled

The airline agrees to a $100m fine and to repay $20m to customers in settlement with the ACCC

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