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High Court finds for ACCC in Flight Centre appeal ?>

High Court finds for ACCC in Flight Centre appeal

The High Court today handed down its decision in the Flight Centre appeal.  The five High Court judges produced four different sets of reasons.  The majority of four-one (Chief Justice French dissenting) concluded that the ACCC’s appeal ought to be allowed.  They reached this conclusion on substantially the same grounds. The ACCC argued that Flight Centre had attempted to induce Singapore Airlines, Malaysia Airlines and Emirates not to discount the tickets they sold directly to customers, that Flight Centre was in competition with those…

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Banks denied interim authorisation for cartel conduct ?>

Banks denied interim authorisation for cartel conduct

In an earlier post I noted that that several Australian banks had applied to the ACCC for authorisation to collectively bargain ‘with providers of third-party mobile wallet services [including Apple] on conditions relating to competition, best practice standards, and efficiency and transparency.’ Authorisation and interim authorisation Authorisation may be granted for cartel conduct and other prohibited anti-competitive conduct on public benefit grounds.  Applications typically take up to six months, which allows the ACCC to undertake detailed market studies and full consideration of potential competitive detriment…

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