Woolworths Group chief executive Brad Banducci says the supermarket chain can fund its ambitious store renewal program without $ 1.8 billion in cash from the sale of its fuel business, which has been blocked
by the competition regulator.
With huge margins achieved by Australia's fairly concentrated meat processing heavyweights such as Teys and JBS as well as smaller players in the last few years, there has been concern that cattle producers were being ripped off, sparking a parliamentary inquiry and a market study
by the competition regulator.
Neither was the length of the grace period that might be offered if they were caught
by the competition regulator.
Major retailers which use freshly baked bread to entice shoppers into stores may have to change the way they make or market bread after a crackdown
by the competition regulator.
The advantages are greatest when the case arises as a «follow - on» action from a finding of anti-competitive behaviour
by a competition regulator.
Not exact matches
Recent attempts at mega-mergers, like BHP and Potash or Xtrata and Anglo, have been found wanting
by investors who viewed them as unwieldy and destructive to per - share value, and
by governments and
regulators who found them detrimental to
competition (or politically unpopular).
The commission's officials were aided
by national
competition regulators.
The Ainsworth sale was deemed harmful to
competition by regulators; its managers should consider what could achieve the same business goal — say, sustained earnings growth — without further consolidating the industry, Raina says.
That was shot down
by regulators, who believed
competition would suffer if the second - largest cellphone company were to gobble up the fourth - largest.
Specific rules that mention net neutrality or traffic prioritization and the like are still a minority, but it can be a matter of interpretation as to the application of more general regulation to do with
competition issues
by sector specific
regulators or
competition authorities.
Federal
regulators are set to wave through Charter Communications» $ 55 billion bid for Time Warner Cable, with a few key conditions aimed at ensuring that the emerging video streaming industry, personified
by the likes of Netflix and Hulu, can provide in future what the cable market has historically lacked:
competition.
These changes often have been driven as much
by Chinese bankers» need to please a varied group of
regulators — whose own institutional biases are exacerbated
by the
competition, and even hostility, that exists among them — as
by economic and financial factors.2
Australia's largest dairy producer Murray Goulburn and its former executives misled farmers
by overstating its milk price forecast, the
competition regulator claims.
But the Australian
Competition and Consumer Commission statement of issues was so heavily populated
by red lights that Murray Goulburn has gone straight to the
regulator's overseer, the Australian
Competition Tribunal (ACT).
Treasurer Scott Morrison has had the ACCC looking into the whole dairy industry for the past 12 months, while the
competition regulator singled out Murray Goulburn earlier this year claiming it had misled farmers
by overstating its milk price forecast.
Against this backdrop, the company faces a class action, is being investigated
by ASIC and the
competition regulator ACCC has taken legal action in the Federal Court, alleging unconscionable conduct and misleading farmers in relation to forecasting a milk price of $ 6.05 when it allegedly knew dairy commodity prices were falling globally.
The deal, which underpins BP's and Woolworths» ambitious convenience store plans, is now under a cloud because the
competition regulator fears it may lessen
competition in fuel and convenience retailing and lead to higher pump prices
by removing a strong competitor.
The deal is now under a cloud because the
competition regulator fears it may lessen
competition in fuel and convenience retailing, and lead to higher pump prices
by removing a strong competitor.
The
competition implications of the takeover had, however, been already assessed by the peak competition regulator, the Australian Competition and Consumer
competition implications of the takeover had, however, been already assessed
by the peak
competition regulator, the Australian Competition and Consumer
competition regulator, the Australian
Competition and Consumer
Competition and Consumer Commission.
CBH insisted over and again to the
competition regulator, to its owners and customers and to the media that Brookfield would likely abuse the market power delivered it
by the alliance of the rail tracks it already owned in WA and the giant freight train company that would arrive with a successful run at Asciano.
Media: [see case page for more] John Durie, «Tabcorp decision to switch
regulators mid-race is being led
by lawyers» (The Australian, 13 March 2017), James Thomson and John Stenshold, «Tabcorp takes Tatts Group merger case straight to
Competition Tribunal» (Australian Financial Review, 13 March 2017) and AAP, «Tabcorp takes Tatts bid to tribunal» (SBS, 13 March 2017).
ACCUSATIONS that Australia's two grocery giants, Coles and Woolworths, engaged in improper practices to force down prices from suppliers are being investigated
by the nation's most powerful
competition regulator.
Large retailers met with politicians and
regulators in Canberra yesterday - a bit of media on this: Eli Greenblat, «Retailers lay down deregulation gauntlet» (The Australian, 28 October 2014), Sue Mitchell and Matthew Knott, «Australian National Retailers Association condemns Harper review's «dangerous»
competition law shake - up» (SMH, 27 October 2014) and Joanna Heath, «Retailers slam Harper change «drafted
by lawyers» (The Australian Financial Review, 27 October 2014 (paper version 28 October 2014, page 9)-RRB-
The
competition regulator has vowed to push ahead with its twin investigations into the power of the supermarket chains over allegations of bullying suppliers and the misuse of petrol shopper dockets, despite the release on Monday of a draft voluntary code of conduct agreed to
by the retailers and the nation's grocery and food suppliers.
The licensing deal for Australia's No. 1 selling imported beer, Corona, will come under close scrutiny
by the Australian
competition regulator in the wake of an in - principle agreement for a $ 146 billion global mega-merger between Anheuser - Busch InBev and SAB Miller.
The
competition regulator has put the Australian cattle market on notice
by reinforcing recommendations for modernising reform with news that it has launched cartel investigations in the wake of a self - initiated market study into the nation's single biggest contributor to agricultural incomes.
«Fonterra can comfortably pursue both [higher milk prices and shareholder returns] because its milk price is rules - based and subject to oversight
by a panel chaired
by an independent director of Fonterra [and with a majority of its members being independent] coupled with oversight
by NZ's
competition regulator through a very public process,» he said.
transparent analysis of
competition impacts tabled in advance of measures proposed
by regulators
This is followed
by an «information request», seeking feedback on the merits of each option (ACCC or ASIC as
regulator responsible for advancing
competition)
The
competition regulator has raised concerns over Woolworths» plans to acquire a full - scale supermarket and liquor licence from a high - profile independent retailer supplied
by Metcash.
SYDNEY, June 6 (Reuters)- Australia's
competition regulator has blocked an attempted takeover of Rafferty's Garden, an organic baby food supplier,
by U.S. - based food giant H.J. Heinz Co on concerns that the deal would have reduced
competition significantly.
Among the most significant aspects of the bill opposed
by the BMA is the plan to hand healthcare
regulator Monitor a statutory obligation to promote
competition exclusively.
The hefty sum — the largest ever doled out
by the EU's
competition regulators — will sting in the short term, but Google can handle it.
Miniature Schnauzer puppies are cute, but be sure to pay attention to the coat if you plan on competing your dog: there are a finite number of official coat colors accepted in
competition by regulators.
The ruling discussed at the top of this post was issued
by Ofcom — which describes itself as the «Independent
regulator and
competition authority for the UK communications industries.»
«Drillers fear that federal protections for more threatened and endangered animals could drive up their costs at a time when the industry is already battered
by low oil prices, growing
competition from renewable energy, and increasing attention from investors and
regulators over the climate - altering impacts of fossil fuels,» DeSmog's Sharon Kelly wrote.
The proposed acquisition of Canadian exchange operator TMX Group
by a consortium of Canadian financial institutions has won approval from Canada's top securities
regulator, potentially clearing the way for approval
by the country's main
competition watchdog.
The 2016 Interim Legal Services Market Study Report of the
Competition and Markets Authority asked [4] «Are there any measures of quality that can readily be collected
by regulators or government... on observable trends in quality of legal services?».
January 18,2016: CCI (
Competition Commission of India), the fair trade
regulator, has approved the purchase of an additional 23 %
by AIA Group in TATA AIA Life Insurance, its joint venture with the TATA group.
While the San Francisco - based ride - hailing giant has been putting smaller taxi companies out of business across the globe, it often did so amidst allegations of unfair
competition that have been made
by both its competitors and
regulators.
I think government intervention is what we deserved years ago
by way of the
regulators of this industry when Melanie Aitken allied with several individuals to shake things up to allow for «more
competition» from these private and discount companies.
But, her position leaves me with the distinct impression that she wants to best the U.S
Competition Regulators and
by this I mean her insistence that pending solds and sold amounts prior to registration of title be made publicly accessible to anyone with a keyboard who wants them.
It seems the
Competition Bureau has opened up opportunities for the public to be put at greater risk while trading real estate through these companies and our
regulators have sat
by very quietly.
For a
regulator to legally command all licensees (including non-members) to use intellectual property owned
by a trade association, as opposed to the
regulator opens a Pandora's Box in terms of individual rights and
competition law.
The problem is that claims backed
by slanted figures like the $ 1,000 / hr are not dealt with
by our
regulators and so the myths are allowed to be perpetuated while ORE does nothing lest they attract another anti-
competition suit
by the
Competition Bureau and many Realtors just don't want to tempt fate
by breaching the codes of ethics imposed
by all three of ORE's authorities — board, provincial and federal and retaliating.
If referred to your current lender or not,
competition and comparison is strongly supported
by good Realtors, Federal and State
Regulators, and Financial Planners to name a few.
This is a wake ‑ up call to the real estate
regulators, federal
competition regulators, real estate associations and to all brokers who have let our referral system be abused
by a niche group within our industry.