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Magic Circle firm to rep Rio Tinto in ASIC case
Securities 2018-03-21 11:26 am By Cat Fredenburgh

Magic Circle firm Clifford Chance will represent Rio Tinto as it faces legal action in Australia over allegedly misleading investors about the coal reserves of a Mozambique mining company it acquired for $4 billion in 2011.

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Viagogo knew ‘from the outset’ how much it charged customers, ACCC says
Competition & Consumer Protection 2018-03-21 11:03 am By Cat Fredenburgh

Viagogo could calculate from the start of the booking process how much it would charge in booking and handling fees for event tickets, but kept customers in the dark, the ACCC said in a recent court document, rebutting the online ticket reseller’s defense in the consumer regulator’s case.

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iiNet, Internode to refund customers for NBN speed claims
Telecommunications 2018-03-21 9:45 am By Cat Fredenburgh

Internet providers iiNet Limited and Internode Pty Ltd have agreed to compensate customers for promising NBN speeds that they couldn’t deliver, the fifth undertaking the Australian Competition and Consumer Commission has won from companies for making misleading NBN claims. 

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ASIC gets new competition mandate
Financial Services 2018-03-19 10:08 pm By Cat Fredenburgh

Australia’s securities regulator will soon have a new mandate – overseeing competition in the financial sector.

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Heinz violated law with sugary kids snacks, court finds
Competition & Consumer Protection 2018-03-19 8:44 pm By Cat Fredenburgh

H.J. Heinz Company Australia Ltd made misleading claims about the health benefits of its Little Kids Shredz products, the Federal Court said Monday.  

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Senators debate gender pay gap bill to ban gag clauses
Employment 2018-03-19 5:26 pm By Cat Fredenburgh

A bill aimed at tackling gender pay inequality got floor time in the Senate on Monday, but despite consensus that the gap needs bridging, lawmakers debated the best fix.   

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Yazaki can address ‘course of conduct’ in ACCC appeal, judge says
Competition & Consumer Protection 2018-03-19 3:55 pm By Cat Fredenburgh

The Full Court has allowed Yazaki Corporation to file additional documents as it weighs the ACCC’s case that the auto parts maker got off easy when the federal court slapped it with a $9.5 million penalty in May for engaging in cartel conduct.

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Telstra, Vodafone settle Voxson infringement suit over GPS patent
Intellectual Property 2018-03-19 1:14 pm By Cat Fredenburgh

Telstra and Vodafone have reached a mid-trial deal to end an infringement case alleging use of GPS technology by the telcos to track customer phones violates a 1994 patent.

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Judge oks S&P deal in Lifeplan case, as another trial kicks off
Securities 2018-03-19 12:19 pm By Cat Fredenburgh

As trial enters its second week in a landmark case against S&P Global, a judge has signed off on a settlement of a separate class action against the U.S. credit ratings agency over its alleged role in the global financial crisis.

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VW emissions cheating trial to wrap up Monday
Class Actions 2018-03-16 9:14 pm By Cat Fredenburgh

The first stage of the Australian trial alleging Volkswagen installed dual-mode software in diesel vehicles to cheat on emissions tests will wrap up Monday, when class action lawyers deliver a final rebuttal and closing arguments.

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