Research for the federal competition taskforce shows mergers are occurring across the Australian economy at a much higher rate than previously thought.
The prime minister also sent a clear signal he was willing to impose a mandatory code on Woolworths,Coles and other supermarkets to lower grocery prices.
Australians are being done over by electricity providers and banks that bet we won’t call it a day. And it’s costing us billions of dollars a year.
The competition watchdog has made a plea for stronger powers so it can properly vet business mergers that may be hurting consumers,farmers and small business.
The US court ruling could jeopardise billions of dollars of revenue generated by Google’s app store and hurt the tech giant in the legal case the Fortnite maker has started here in Australia.
Do you ever feel that some of our biggest companies seem to slowly gobble up more of their smaller competitors? If so,you’re not alone – and Australian households are paying the price.
Economists have bemoaned the slowdown in productivity across the economy. Research suggests it is partly due to people staying put.
Qantas has terminated its planned takeover of ASX-listed Alliance Aviation,six months after the consumer watchdog blocked the $614 million deal.
The 78-year-old New Zealand politician has taken aim at Australia’s big four banks and major supermarkets for purportedly ripping off New Zealanders.
Google’s power in online search is so ubiquitous that even Microsoft found it difficult to compete on the internet,Satya Nadella testified in the US government’s trial against the search giant.
The US Federal Trade Commission is suing Amazon and Google,alleging their business models are anti-competitive and harm consumers.