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News >> Asia Pacific

The Australian Competition and Consumer Commission (ACCC) has announced that the Federal Court of Australia has handed down its decision in Australian Competition and Consumer Commission v Cement Australia Pty Ltd [2014] FCA 148 (28 February 2014), making findings against four out of five corporate respondents from the cement industry in antitrust proceedings brought by the ACCC.

Published in Competition

Speech - Consumer Protection in the Online Market

13 Mar 2014
Written by World Watch

The Australian Competition and Consumer Commission (ACCC) has made available Empowering consumers in the digital age, a speech delivered by ACCC chairperson Rod Sims at the ACCC-hosted National Consumer Congress 2014 in Sydney on 13 March 2014.

Published in Consumer Protection

The Australian Competition and Consumer Commission (ACCC) has announced that the Federal Court of Australia has handed down its decision in Australian Competition and Consumer Commission v Breast Check Pty Ltd [2014] FCA 190 (10 March 2014), finding that breast imaging provider Breast Check Pty Ltd (Breast Check) engaged in "misleading or deceptive conduct and made false representations about the devices used in its breast imaging services".

Published in Consumer Protection

Commerce Minister for the Australian state of Western Australia (WA) Michael Mischin has announced that the Perth Industrial Magistrates Court has fined McDonald's Australia Ltd (McDonald's) A$15,000 for illegally employing a 14-year-old at its Rockingham outlet, including employing her in an illegal overnight shift lasting almost 15 hours.

Regulator to Target Online "Drip Pricing"

26 Feb 2014
Written by World Watch

The Australian Competition and Consumer Commission (ACCC) has released its latest Compliance and enforcement policy (February 2014), which "outlines the ACCC's priority areas for the year and sets out the factors to be taken into account when deciding whether to pursue matters".

Published in Consumer Protection

The Supreme Court of the Australian state of Victoria has handed down its decision in Telstra Corporation Ltd v Singtel Optus Pty Ltd [2014] VSC 35 (18 February 2014). According to The Sydney Morning Herald (SMH), the Court has ruled that an advertising campaign by telecommunications provider SingTel Optus Pty Ltd (Optus) breached Schedule 2 (The Australian Consumer Law) to the Competition and Consumer Act (2010) 1974 No. 51 (Cth) by misleading consumers into believing that Optus's mobile network covering 98.5% of Australia referred to geographical cover when in fact it referred to population.

Published in Consumer Protection

Yonhap News Agency (Yonhap) reports that the Seoul Central District Court in the Republic of Korea has sentenced CJ Group chairperson Lee Jay-hyun to four years' imprisonment and fined him KRW26 billion (approximately US$24 million/€18 million) for tax evasion and embezzlement.

Published in Financial Integrity

The Australian Communications and Media Authority (ACMA) has issued telecommunications provider Telco Blue Pty Ltd (TB) a formal warning (21 January 2014) for telemarketing to numbers on the Do Not Call Register in breach of the Do Not Call Register Act 2006 No.88 (Cth).

Australian national workplace relations tribunal the Fair Work Commission (FWC) has handed down its decision in Gary Homes v Coles Group Limited T/A Coles Warehouse Edinburgh Parks [2014] FWC 1013 (10 February 2014), which relates to an application lodged pursuant to s. 394 (Application for unfair dismissal remedy) of the Fair Work Act 2009 No. 28 (Cth). According to The Age, Gary Homes was suspended from work by his employer Coles in 2013 after workplace security staff found a container of powdered beverage in his bag as he was leaving the site.

Former Director Jailed for Insider Trading

12 Feb 2014
Written by World Watch

The Hong Kong (HK) Securities and Futures Commission (SFC) has announced that former CITIC Pacific Ltd (CITIC Pacific) finance assistant director Simon Chui Wing Nin has pleaded guilty to "two counts of insider dealing in the shares of CITIC Pacific", and has been sentenced to nine months' imprisonment and fined HK$612,000.

Published in Insider Trading

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