Posts tagged "ACCC"

Murray Goulburn: Gary Helou likely to face fines following ACCC settlement

[9 November/ABC] Murray Goulburn has reached a settlement with the Australian Competition and Consumer Commission (ACCC) which will likely see former Managing Director Gary Helou fined. The ACCC will apply to the Federal Court seeking declarations that Murray Goulburn and Mr Helou breached Australian Consumer Law in 2016. MG and Mr Helou have both agreed...

Murray Goulburn sale delayed

[2 February/The Australian] Murray Goulburn believes that its AUD1.31 billion sale to Canadian owned dairy company, Saputo, can complete by July despite a two week delay to regulatory approvals being announced by the Australian Competition & Consumer Commission.  The ACCC said that it required more time to consider data relating to the two businesses and...

Aldi and other oregano suppliers promise to turn over new leaf after ACCC investigation

 [9 November/ The Guardian] Aldi Foods and Menora Foods have committed to changes to prevent breaching the law again after the Australian Competition and Consumer Commission (ACCC) found that oregano sold by the supermarkets contained other types of leaves and herbs. The ACCC announced that it had accepted the enforceable undertakings from Aldi Foods and...

ACCC investigates cattle yard cartel allegations

 [1 November/ The Sydney Morning Herald] Australian Competition and Consumer Commission Commissioner, Mick Keogh said the organisation was concerned about issues relating to the grading of meat at slaughterhouses. Mr Keogh explained that integrity and trust in the grading system were essential as payments were based on the grades. ACCC chairman, Rod Sims said the...