Peter Armitage is a partner in Ashurst’ competition practice. Peter is an expert in competition and consumer protection law, specialising in complex merger clearances and defending clients in investigations and legal actions by the Australian Competition and Consumer Commission. Peter is a trusted advisor to major corporations in sectors including financial services, manufacturing, transport, healthcare and pharmaceuticals, IT, consumer and retail, mining and resources and waste management
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On 10 September 2020, the Competition and Consumer Commission of Singapore ("CCCS") published its findings and recommendations from its market study on e-commerce platforms. While the market study did not identify any significant competition concerns in the sector, the CCCS has concurrently (...)
46
Following an 8 month investigation, on 8 May 2019, the Australian Competition and Consumer Commission ("ACCC") announced its decision to oppose the proposed merger between fixed-line provider TPG Telecom ("TPG") and mobile network operator Vodafone Hutchinson Pty Limited ("VHA"). VHA and TPG (...)
2052
While some businesses may choose to delay transactions in light of Covid-19, many transactions will clearly continue and some of these will need to be completed with some urgency, in particular in cases of financial distress. Merger control regimes are still in operation, although there have been some changes, in particular to encourage parties to delay notifications. This note considers how merger control processes can best be navigated in times of crisis, for example, where the urgent completion of a transaction may be required, or the target is otherwise in significant financial difficulty.
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What you need to know In a rare Federal Court proceeding involving alleged misuse of market power, the Federal Court held that the Australian Competition and Consumer Commission (ACCC) failed to establish that Ramsay Health Care (Ramsay) had in fact engaged in the anti-competitive conduct (...)
56
What you need to know The Australian Competition and Consumer Commission (ACCC) has achieved its first enforcement outcome for alleged anticompetitive concerted practices since the prohibition was introduced in November 2017. Two Sydney roofing companies acknowledged in Court-enforceable (...)
89
What you need to know The Court imposed a penalty amount AUD 50 million higher than had been agreed between the parties, bucking the recent trend of the Court reducing penalties proposed by the ACCC. The AUD 125 million penalty was calculated under the old ACL penalty regime where the maximum (...)
82
What you need to know This is the first prosecution under Australia’s criminal cartel provisions since their introduction in 2009. In a landmark decision, the global Japanese shipping company, Nippon Yusen Kabushiki Kaisha (NYK) has been fined A$25 million for its involvement in "deliberate, (...)
47
In December 2016, the High Court published its decision in the ACCC’s proceedings against Flight Centre. In short, Flight Centre was found to have been “in competition” with the airlines for whom it was agent, in selling their fares. In this context, an attempt by Flight Centre to reach an (...)
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Competition Case Law Digest 5th Edition - A Synthesis of US, EU and National Leading Cases
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