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Friday, October 18

Infrastructure monopolies pushing up prices: ACCC

Australia’s consumer watchdog warns monopolies are taking over key infrastructure points and the nation risks seeing prices rise and competition drop.

Medibank wrongly rejected patient claims: ACCC

The consumer watchdog has launched civil proceedings against Medibank, accusing the health insurance heavyweight of incorrectly telling customers they were not eligible for some benefits.

A marketing image of two of the Shredz products.

ACCC wants $10 million fine for Heinz over toddler snacks

The consumer watchdog has called for food giant Heinz to be hit with a $10 million fine after misleading consumers by claiming one of its snacks, marketed for toddlers, was beneficial for young children.

Thermomix fined $4.6m over burns scandal

Thermomix has been fined $4.6 million for knowingly selling kitchen appliances which had the potential to injure users, lying about the safety of its products, and refusing refunds.

Murdoch clears competition hurdle in joint bid for Ten

The Murdoch family is a step closer to adding a free-to-air television network to its Australian media empire after the competition watchdog cleared a joint bid for the Ten Network by billionaires Lachlan Murdoch and Bruce Gordon.

Court action begins over 'unhealthy' Heinz snack

Food giant Heinz marketed a snack food as nutritious for young children but a nutritionist would call it confectionery, the Federal Court has been told.