Law & Trade
Australias competition watchdog has launched federal court action against Coles, accusing the supermarket giant of engaging in unconscionable conduct towards 200 small suppliers.
Coles faces allegations it used unfair tactics to pressure suppliers to agree to make ongoing payments to the company in return for purported benefits from changes to purchasing decisions.
Lingerie brand Victoria's Secret is suing an investment management company in Shanghai for the unlicensed use of its trademark in a city centre retail store, the Shanghai No. 1 Intermediate People's Court heard on Thursday.
The United States-based chain, which is owned by L Brands Inc, is demanding compensation of CNY5.1 million (USD817,500) and wants the store to stop using the trademark on its signage, loyalty cards and employee name tags. It also wants an apology to be printed in Xinmin Evening News and on the women's clothing website nz86.com.
The Japanese Fair Trade Commission has ordered a unit of East Japan Railway Co. to stop blocking its retailing partners from passing the 1 April sales tax hike to their products.
The anti-monopoly watchdog issued the order on Wednesday by making its first use of a special law passed specifically for purpose of ensuring that companies can appropriately transfer the cost of the tax hike, which rose to 8 percent from 5 percent, to their prices.
The amount Amazon reports through a tax-exempt vehicle in Europe has dropped in the past two years, after the IRS tightened rules.
The Australian National Retailers’ Association (ANRA) welcomed the recommendation of the Economic Regulation Authority’s draft report to fully deregulate trading hours in Western Australia.
“Today’s recommendations are clearly sensible and show an understanding of the value of retail to the economy and its capacity to create jobs," said ANRA CEO Margy Osmond. “There’s no doubt flexible trading hours benefit employees, consumers and the economy. Technology and the changing demands of shoppers means consumers want more choice."
The government’s plan to impose a 20 percent luxury-goods sales tax on cell phones is designed to accelerate growth in the fledgling industry.
But, it also carries the risk of increased cell phone smuggling — a problem that particularly haunts foreign investors interested in establishing local manufacturing facilities, due to unfair competition.
Over the past three years, Chinese authorities have fined Wal-Mart Stores Inc. USD9.8 million, sanctioning the retailer for using misleading pricing, selling poor-quality products and even peddling donkey meat that turned out to be fox.
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Competition watchdog says supermarket will publish corrections over social media campaign that presented estimates as fact
Coles has admitted it is likely it misled customers when it dropped the price of its milk and claimed more money would go in the pockets of farmers, the Australian consumer watchdog has revealed.
Retailers including Marks & Spencer, John Lewis and Primark have signed up to a new programme that aims to tackle the unpredictable licensing cost of using standard wash care labels worldwide.
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The Indonesian trade and industry ministries plan to impose luxury good sales taxes (PPnBM) on mobile phones across all segments in a bid to spur growth in the domestic industry.
Previously, the trade ministry said that the 20 percent tax would be imposed only on smartphones priced above IDR5 million (USD442.28) per unit.
"Every cell phone is categorized as a luxury good," Trade Minister Muhammad Lutfi said in Jakarta on Monday as quoted by kontan.co.id.