What’s Inside This Issue?
This edition of the K&L Gates Competition & Consumer Law Round-Up provides a summary of recent and significant updates from the Australian Competition and Consumer Commission (ACCC), as well as other noteworthy developments in the competition and consumer law space.
Key Developments in Environmental / Greenwashing Guidance and Enforcement
- EnergyAustralia Settles Greenwashing Action Brought by Advocacy Group
- AU$8.25 Million Penalty Ordered Against Clorox for Misleading Greenwashing Claims
Enforcement
- Oil and Gas Company Qteq Found to Have Engaged in Cartel Conduct
- Federal Court Orders Captain Cook Vocational College to Pay AU$30.4 Million in Penalties for Unconscionable Conduct and Misleading Representations
- ACCC Commences Proceedings Against Retailer City Beach for Noncompliant Button Battery Products
Mergers and Acquisitions
- ACCC Raises Concerns With Rural Merchandiser Elders’ Proposed Acquisition of Delta
- Qube’s Acquisition of MIRRAT Not Opposed by ACCC
Notifications and Authorisations
- ACCC Proposes to Grant Authorisation to Australian Payment Network to Facilitate Wind Down of Cheque Industry
Noteworthy Developments
- Mandatory Information Standard for Toppling Furniture Brought into Effect