ACCC
ACCC approval could take time for Sigma, CWH merger
Plans to complete Sigma Healthcare’s merger with Chemist Warehouse (CWH) in the second half of 2024 may be optimistic, analysts say Securing approval from the Australian Competition and Consumer Commission …
ACCC opens consultations into Icon lease acquisitions
Regulator launches consultations into proposed deals involving oncology pharmacy specialist, Icon Group Icon Group’s plans for open a number of new radiation oncology clinics is set to be reviewed by the …
Sigma’s top shareholder trims holding before merger ruling
A major shareholder has partly sold off its Sigma Healthcare stock, prompting questions about whether it signals a lack of confidence the Chemist Warehouse (CWH) merger will be approved Earlier …
Regulatory barriers may not be enough to stop CWH, Sigma merger
Sigma Healthcare’s merger with Chemist Warehouse may go ahead despite competition concerns Associate Professor of Finance at RMIT, Angel Zhong, warns Corporate Australia loves a big merger. And amid a growing …
CWH/Sigma announcement expected in June
ACCC opens consultation on Chemist Warehouse Group’s proposed merger with Sigma Healthcare Stakeholders are being invited to have their say on the proposed merger of Chemist Warehouse (CWH) and Sigma …
Will the ACCC quash CWH/Sigma merger?
Competition concerns could see regulator block Sigma’s planned merged with Chemist Warehouse, analyst warns The competition watchdog says Australia urgently needs stronger merger laws, as onlookers continue to build the …
Vitamin company shark oil claims seem fishy; ACCC
Wealthy Health claims about its squalene product “likely misleading” and in breach of consumer law Universal Pharmaceuticals has undertaken not to make representations that its Wealthy Health products contain squalene …
Local pharma exec hit with record jail sentence
Prison and $2m in fines as court finds local company and former export manager guilty of criminal cartel conduct over price-fixing, bid-rigging and more Queensland-based pharmaceutical company Alkaloids of Australia …
Skyrocketing RAT price scrutiny
Nearly half the reports made to the ACCC about rapid antigen test “potential scams” are about pharmacies The Australian Competition and Consumer Commission says it has “significant concerns” about the …
Pharmacy shampoo recall
Consumers warned to stop using a shampoo sold by leading discount pharmacies due to bacterial contamination fears An urgent recall order has been issued for a shampoo sold in discount …
Big names fined over COVID-19 advertising infringements
Celebrity chef Pete Evans has been further fined $80k over non-compliant advertising, while the owner of Noni B and Millers pays $630k in penalties The TGA has issued infringement notices …
Toddler milk targeted
Toddler milk ads could be driving demand for infant formula, the ACCC says The ACCC is proposing to re-authorise a longstanding agreement by manufacturers to not promote toddler milk. The …