Powered by MOMENTUM MEDIA
Broker Daily logo

ACCC

‘Competition concerns’ flagged in Suncorp-ANZ deal: ACCC
5 April 2023

The competition watchdog is seeking further feedback before making a decision on ANZ’s proposed acquisition of Suncorp Bank.

ACCC approves D&D acquisition of Link
9 September 2022
ACCC approves D&D acquisition of Link

The Australian Competition and Consumer Commission will not oppose the proposed acquisition of Link Administration Holdings by Dye & Durham Corporation.

ACCC calls for feedback on Citi acquisition
25 August 2021
ACCC calls for feedback on Citi acquisition

The commission is calling for submissions on how NAB’s proposed purchase of Citi’s Australian consumer bank would impact competition.

ACCC chases lenders behind on open banking schedule
16 December 2021
ACCC chases lenders behind on open banking schedule

The competition watchdog has watched all banks who have not kept up with its open banking roll out, warning of potential enforcement actions for non-compliance.

ACCC concerned about voluntary merger notification regime
5 January 2024

The ACCC has cautioned government that allowing anti-competitive mergers to persist could result in increased prices and reduced options for consumers and businesses.

ACCC confirms terms for rate hike inquiry
15 February 2023

Details of the inquiry into how banks set interest rates for savers and home loan borrowers have been revealed by the competition watchdog.

ACCC explores anticompetitive claims against PEXA
16 June 2022
ACCC explores anticompetitive claims against PEXA

The competition watchdog has commenced a review into claims that property settlement platform PEXA has acted to shut out rivals in the market.

ACCC flexes muscles in 1st CDR accreditation rejection
5 January 2023

iSignthis’ CDR application had been rejected, the first ever from the ACCC, the regulator has confirmed.

ACCC grants Liberty CDR accreditation
15 February 2023

The Australian Competition and Consumer Commission has announced that Liberty Financial Pty Limited is now an accredited data recipient.

ACCC issues banking scam warning
31 March 2023

The consumer watchdog has called for heightened vigilance among bank customers amid reports of up to $800,000 in losses from a single scam.  

ACCC made ‘fatal mistake’ in blocking ANZ/Suncorp merger: ANZ counsel
5 December 2023

The consumer watchdog has made a “fatal mistake” when it knocked back ANZ’s $4.9 billion acquisition of Suncorp Bank, the counsel representing ANZ has told the competition tribunal.

ACCC merger reform goals outlined before Parliament
10 October 2024

The long-awaited ACCC merger reform has been tabled before the Australian Parliament today (10 October). With this release, the goals and implementation of the reform were revealed, giving ...

ACCC raises alarm on PEXA owner deal
17 June 2022
ACCC raises alarm on PEXA owner deal

The regulator has expressed fears for competition around a proposed acquisition, warning that it could further fuel a monopoly for the property settlements giant.

ACCC taking time to ‘reflect’ on tribunal decision
21 February 2024

The competition watchdog has said it will take time to ‘reflect’ on the tribunal’s decision to overturn its decision blocking the ANZ-Suncorp Bank merger.

ACCC to rule on ANZ-Suncorp merger in June 2023
14 December 2022

ANZ’s proposed acquisition of Suncorp’s banking arm is now officially being considered by the competition watchdog, with a formal decision expected on 12 June 2023.