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Cabcharge
The Cabcharge account payment system was established in 1976 to provide taxi passengers a way to pay for taxi fares by non-cash means. The payment system is owned and operated by A2B Australia (formerly Cabcharge Australia), an Australian Securities Exchange listed public company. In the UK and Singapore, Cabcharge is operated by subsidiaries of ComfortDelGro. Cabcharge Australia's commercial activities, in which the Cabcharge payment system is an integral part, have been controversial at times and the company has faced regular accusations of excessive charging or profiteering and predatory and anti-competitive practices. The company was recently subject to adverse court proceedings and a major settlement arising from these behaviours. Cabcharge system The Cabcharge system has several aspects: * Cabcharge accounts – customers can create a line of credit for use to pay for taxi fares and related charges, and involves the use of a Cabcharge credit card, e-ticket or paper vou ...
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Taxi Industry Inquiry
The Taxi Industry Inquiry or the Fels Inquiry was an inquiry commissioned in 2011 into the taxi industry and taxi services in Victoria, Australia, by the Taxi Services Commission. The inquiry was headed by Professor Allan Fels assisted by Dr David Cousins. Announcement The Inquiry was announced on 28 March 2011 by the Premier of Victoria, Ted Baillieu.Premier of Victoria, media release, 28 March 2011. According to Bailleu, the key problems with the Victorian taxi industry were: * low customer satisfaction, with a sharp decline over the past five to six years * safety and security for passengers and drivers * insufficient support for drivers * too many poorly-skilled drivers with inadequate knowledge * a high turnover of drivers resulting in a shortage of experienced drivers; * complex ownership and management structures * lack of competition * too much of the industry revenue not being directed to the service providers – the drivers and operators. Inquiry scope Baillieu ...
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ACCC V Cabcharge Australia Ltd
''ACCC v Cabcharge Australia Ltd'' is a 2010 decision of the Federal Court of Australia brought by the Australian Competition & Consumer Commission (ACCC) against Cabcharge.; . In June 2009, the ACCC began proceedings in the Federal Court against Cabcharge alleging that it had breached section 46 of the Commonwealth Trade Practices Act (TPA) by misusing its market power and entering into an agreement to substantially lessen competition. The action alleged predatory pricing by Cabcharge and centred on Cabcharge's conduct in refusing to deal with competing suppliers to allow Cabcharge payments to be processed through EFTPOS terminals provided by rival companies and supplying taxi meters and fare updates at below actual cost or at no cost. In September 2010, to settle the action, Cabcharge admitted a number of contraventions of TPA and the Federal Court imposed a fine of $15 million ($14 million in civil penalties and $1 million in costs), the highest ever penalty imposed for mi ...
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A2B Australia
A2B Australia (formerly Cabcharge Australia) () is an Australian public company which was listed on the Australian Securities Exchange in December 1999 and is an ASX 200 company. The company was founded by Reg Kermode. In 1976, the company established Cabcharge, an account payment system to provide a way to pay for taxi fares by non-cash means, which today is the sole provider of the in-taxi service. Subsidiaries of A2B operate booking and dispatch services for taxis in Australia under the Taxi Networks and 13CABS brands, which today covers over 7,000 taxis. In 2014, there were 21,344 taxis in Australia. The company's activities have sometimes been controversial and it has faced strong criticism at times from inquiries and regulatory bodies, especially over its Cabcharge taxi payment system. The company was the subject of Federal Court proceedings in 2010 over alleged anti-competitive practices including predatory pricing activities. It was heavily fined and paid a record hi ...
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ComfortDelGro
ComfortDelGro Corporation is a multi-national land transport company listed on the Singapore Exchange, operating about 35,000 vehicles in seven countries. It was formed on 29 March 2003 through a merger of Singapore-based land transport companies Comfort Group and DelGro Corporation. On 17 September 2019, ComfortDelGro announced that it is listed on the Dow Jones Sustainability Asia Pacific Index in recognition of its sustainability efforts, thus becoming the first transport company in Singapore to do so. History Comfort Group Ltd National Trades Union Congress (NTUC) Co-operative Commonwealth for Transport (Comfort), was formed in 1970 as a social enterprise together with NTUC Income and NTUC Welcome. It targeted the problem of pirate or "ali baba" taxis which were rampant in Singapore at that time. Its business undertakings were acquired by Comfort Transportation Pte Ltd, a wholly owned subsidiary of Comfort. Comfort was subsequently listed on 6 June 1994. As of its m ...
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Anti-competitive Practices
Anti-competitive practices are business or government practices that prevent or reduce competition in a market. Antitrust laws differ among state and federal laws to ensure businesses do not engage in competitive practices that harm other, usually smaller, businesses or consumers. These laws are formed to promote healthy competition within a free market by limiting the abuse of monopoly power. Competition allows companies to compete in order for products and services to improve; promote innovation; and provide more choices for consumers. In order to obtain greater profits, some large enterprises take advantage of market power to hinder survival of new entrants. Anti-competitive behavior can undermine the efficiency and fairness of the market, leaving consumers with little choice to obtain a reasonable quality of service. Anti-competitive behaviour is used by business and governments to lessen competition within the markets so that monopolies and dominant firms can generate superno ...
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Anti-competitive
Anti-competitive practices are business or government practices that prevent or reduce competition in a market. Antitrust laws differ among state and federal laws to ensure businesses do not engage in competitive practices that harm other, usually smaller, businesses or consumers. These laws are formed to promote healthy competition within a free market by limiting the abuse of monopoly power. Competition allows companies to compete in order for products and services to improve; promote innovation; and provide more choices for consumers. In order to obtain greater profits, some large enterprises take advantage of market power to hinder survival of new entrants. Anti-competitive behavior can undermine the efficiency and fairness of the market, leaving consumers with little choice to obtain a reasonable quality of service. Anti-competitive behaviour is used by business and governments to lessen competition within the markets so that monopolies and dominant firms can generate superno ...
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EFTPOS
Electronic funds transfer at point of sale (EFTPOS; ) is an electronic payment system involving electronic funds transfers based on the use of payment cards, such as debit or credit cards, at payment terminals located at points of sale. EFTPOS technology was developed during the 1980s. In Australia and New Zealand, it is also the brand name of a specific system used for such payments; these systems are mainly country-specific and do not interconnect. In Singapore, it is known as NETS. Debit and credit cards are embossed plastic cards complying with ISO/IEC 7810 ID-1 standard. The cards have an embossed bank card number conforming with the ISO/IEC 7812 numbering standard. History EFTPOS technology originated in the United States in 1981 and was rolled out in 1982. Initially, a number of nationwide systems were set up, such as ''Interlink'', which were limited to participating correspondent banking relationships, not being linked to each other. Consumers and merchants we ...
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Live Group
Live may refer to: Arts, entertainment, and media Films * ''Live!'' (2007 film), 2007 American film * ''Live'' (2014 film), a 2014 Japanese film *'' ''Live'' (Apocalyptica DVD) Music *Live (band), American alternative rock band * List of albums titled ''Live'' Extended plays * ''Live EP'' (Anal Cunt album) * ''Live EP'' (Breaking Benjamin EP) * ''Live'' (Roxus EP) * ''Live'' (The Smithereens EP) *''CeCe Peniston (EP Live)'' *''Ozzy Osbourne Live E.P.'', 1980 *''Live EP (Live at Fashion Rocks)'', by David Bowie * ''Live EP'' (The Jam EP) Songs * "Live" (Russian song) * "Live" (Superfly song) * "Live" (The Merry-Go-Round song) Radio *BBC Radio 5 Live *CILV-FM, branded LiVE 88.5, a radio station in Ottawa, Canada Television * ''Live'' (South Korean TV series), a 2018 South Korean television series * ''Live'' (Danish TV series) *Live! (TV channel), Italy *''Live! with Kelly'', US TV talk show Types of media *Live action (cinematography), a motion picture not produced using anim ...
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Transport Companies Of Australia
Transport (in British English), or transportation (in American English), is the intentional movement of humans, animals, and goods from one location to another. Modes of transport include air, land (rail and road), water, cable, pipeline, and space. The field can be divided into infrastructure, vehicles, and operations. Transport enables human trade, which is essential for the development of civilizations. Transport infrastructure consists of both fixed installations, including roads, railways, airways, waterways, canals, and pipelines, and terminals such as airports, railway stations, bus stations, warehouses, trucking terminals, refueling depots (including fueling docks and fuel stations), and seaports. Terminals may be used both for interchange of passengers and cargo and for maintenance. Means of transport are any of the different kinds of transport facilities used to carry people or cargo. They may include vehicles, riding animals, and pack animals. Vehicles may i ...
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Companies Formerly Listed On The Australian Securities Exchange
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial pe ...
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Companies Based In Sydney
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial p ...
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Choice (Australian Magazine)
Most commonly known as CHOICE (all capitals), the Australian Consumers' Association is an Australian not for profit consumer advocacy organisation. It is an independent membership based organisation founded in 1959 that researches and campaigns on behalf of Australian consumers. It is similar to the Consumers Union in the United States and Which? in the United Kingdom, who are considered sister organisations. It is the largest consumer organisation in Australia. Operations CHOICE's job is to stand up against companies doing the wrong thing. The aim of the organisation is to provide up-to-date information across a wide range of consumer issues that allows individuals to make informed consumer decisions. It also lobbies for change on behalf of consumers when required. CHOICE tests and rates a range of products and services, including appliances, baby products, electronics and home entertainment, computers, food and health, and financial products and services. More than 200, ...
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