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(AUSTRALIA) ACCC REPORT: Conducted an extensive market inquiries across the industry, and undertook detailed analysis of supplier and competitor data, and internal documents of key interested parties #AceNewsDesk report

#AceNewsReport – June.11: Ultimately the evidence before us did not indicate the transaction would be likely to substantially lessen competition,” ACCC Chair Rod Sims said. ACCC Report: They will not oppose Woolworths’ (ASX: WOW) acquisition of 65 per cent of the shares in wholesale food distributor PFD Food Services, following a detailed investigation that found […]

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Ace Daily News

(AUSTRALIA) ACCC REPORT: The analysis shows that motorists in the five largest cities could have saved a combined total of nearly half a billion dollars ($485 million) in 2020 by switching from a variety of higher-priced to lower-priced major retailers #AceNewsDesk report

#AceNewsReport – June.09: The range of petrol prices available to most Australian motorists means the potential savings from filling up at one of the cheaper retailers are very significant,” ACCC Chair Rod Sims said: AUSTRALIA: Cheaper petrol at independent chains offers half a billion dollars as Speedway, Metro Petroleum, United, Vibe and FuelXpress had the […]

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Ace Daily News

(AUSTRALIA) SCAMS REPORT: Scamwatch & ReportCyber together with other government agencies, 10 banks and financial intermediaries, complied based on more than 444,000 reports #AceNewsDesk report

#AceNewsReport – June.08: Investment scams accounted for the biggest losses, with $328 million, and made up more than a third of total losses. Romance scams were the next biggest category, costing Australians $131 million, while payment redirection scams resulted in $128 million of losses. AUSTRALIA: Scammers capitalise on pandemic as citizens lose record $851 million […]