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Cargill cow gene patent invalid, Federal Court says
Intellectual Property 2018-02-13 4:37 pm By Cat Fredenburgh

A federal court judge has found that a bovine gene patent held by Cargill Inc. is invalid, but said the American agriculture giant could beef up the patent claims in response to his ruling.

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5 companies now face Takata airbag class actions
Competition & Consumer Protection 2018-01-12 9:41 pm By Cat Fredenburgh

Five automakers have reportedly now been sued by law firm Quinn Emanuel over defective Takata airbags.

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ACCC sues Optus for pressuring customers to move to NBN
Competition & Consumer Protection 2017-12-15 9:09 pm By Cat Fredenburgh

Optus has been sued for allegedly pressuring customers to move to the National Broadband Network before they needed to make the switch.

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Tabcorp’s $11B merger with Tatts gets thumbs up, again
Competition & Consumer Protection 2017-11-17 10:03 pm By Cat Fredenburgh

The Australian Competition Tribunal has for a second time signed off on Tabcorp’s $11 billion merger with lotto giant Tatts, a deal the competition regulator fought hard to stop.

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BrisConnections settles $2.2B case over collapse
Competition & Consumer Protection 2017-11-15 1:15 pm By Cat Fredenburgh

BrisConnections’ receiver PPB Advisory has settled its $2.2 billion lawsuit against engineering consultant Arup, a court was told Monday.

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Toyota faces first Takata airbag class action in Australia
Competition & Consumer Protection 2017-11-14 9:09 pm By Cat Fredenburgh

Toyota has become the first car manufacturer to be hit with a class action in Australia over faulty Takata airbags, Quinn Emanuel said Monday, and six other automakers are next.

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Judge OKs $100M in rate-rigging settlements
King & Wood Mallesons 2017-11-10 10:58 pm By Cat Fredenburgh

A Federal Court judge on Friday signed off on $100 million in settlements between Australia’s securities regulator and National Australia Bank Ltd. and Australia & New Zealand Banking Group Ltd. for attempting to manipulate the market for the bank bill swap reference rate.

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Meriton tried to thwart bad TripAdvisor reviews, judge says
Competition & Consumer Protection 2017-11-10 10:01 pm By Cat Fredenburgh

Property manager Meriton Property Services violated the law by trying to keep guests at its properties from posting bad reviews on TripAdvisor, the Federal Court said Friday, a win for Australia’s consumer regulator in its first case over online reviews.

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ACCC allows AusPost franchisees to collectively bargain
K&L Gates 2017-11-09 9:56 pm By Cat Fredenburgh

The Australian competition regulator has signed off on a bid by a post office industry group that represents Australia Post franchisees to collectively negotiate with Australia Post.

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Citibank repays cardholders $4.3M
Financial Services 2017-11-09 12:51 pm By Cat Fredenburgh

Citibank will provide refunds of $3.3 million to credit card customers for failing to refund them when their credit card accounts were closed with an outstanding credit balance.

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