As the Australian Competition and Consumer Commission considers whether to amend legal provisions regarding the misuse of market power, debate has emerged in the country over how the ACCC will impact the market with such changes.
Section 46 of the Competition and Consumer Act 2010 is now under question by the …read more
Following the official completion of the sale of the NBA Los Angeles Clippers from Donald Sterling to former Microsoft CEO Steve Ballmer, reports say the saga for Sterling is not yet over.
The NBA has reportedly file a counter-suit against Sterling’s $1 billion antitrust lawsuit against the NBA’s commissioner Adam Silver.
General Motors’ unit in China has come out against reports that it is now under investigation by competition officials.
According to reports, Shanghai General Motor said Tuesday that “the news about Shanghai GM being investigated for monopolistic practices and is incorrect and is a misinterpretation of a statement we issued previously.” …read more
The UK’s Department of Energy and Climate Change has released a new report that shows some much-needed optimism for the nation’s energy industry.
The DECC says that more than two million customers have switched energy providers to an independent company since 2010. The switching follows energy watchdog Ofgem’s commitments made to …read more