Inside Track: Competition & Consumer Law: In the media, Practice and regulation, Cases and Legislation

• Published date: 25 May 2020
• Law Firm: Holding Redlich

In the media

Consumer Data Right Compliance and Enforcement Policy released
The ACCC and the Office of the Australian Information Commissioner (OAIC) jointly released the Compliance and Enforcement Policy for the Consumer Data Right. The Policy outlines the approach that the ACCC and the OAIC have adopted to encourage compliance with, and address breaches of, the Consumer Data Right regulatory framework (08 May 2020). More...

Federal Court dismisses ACCC appeal on PN Aurizon case
The ACCC has dismissed the ACCC's appeal against a 2019 Federal Court decision which found that Pacific National's acquisition of Acacia Ridge Terminal in Brisbane would not substantially lessen competition as a result of undertakings given by PN. As a result of the appeal the acquisition can proceed without that undertaking. The ACCC is considering the judgment (06 May 2020). More...

Director banned for seven years by ASIC
ASIC found that he had failed to act in the best interest of clients, was not competent to provide financial product advice, was likely to contravene financial services law and was involved in contraventions by Olive where it engaged in misleading or deceptive conduct and made false or misleading statements (05 May 2020). More...

TWE served another class action
Treasury Wine Estates (TWE) has been served with another class action alleging the business engaged in misleading and deceptive conduct. TWE said in a statement to the ASX that it "strongly denies any and all allegations of wrongdoing and intends to vigorously defend the further proceeding." (04 May 2020). More...

Flight Centre stops charging cancellation fees for trips affected by coronavirus
The travel agent chain backs down from charging hundreds of dollars in cancellation fees for trips cancelled due to COVID-19 restrictions, following pressure from customers and the Australian Competition and Consumer Commission (02 May 2020). More...

Pub owners to pay $380,000 in damages over secret beer tap deals
South Australia's Supreme Court has ordered the directors of a prominent Adelaide hotels syndicate concealed lucrative deals with major breweries from their then-business partners. Although the court found the publicans had engaged in misleading and deceptive conduct and breached consumer law, it rejected the plaintiffs' further claim for breaches of the shareholder agreement in relation to the hotel (01 May 2020). More...

ACCC's bank review creates interest
The Australian Competition and Consumer...