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Cosmetics brand Mecca wins contract spat with Hourglass over COVID-19 closures
COVID-19 2021-12-02 4:23 pm By Miklos Bolza

Australian beauty and skincare retailer Mecca has triumphed in a lawsuit brought against US makeup brand Hourglass, which tried to terminate an exclusive distribution agreement because of the COVID-19 pandemic.

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More casuals class actions to be dropped in wake of High Court’s Rossato decision
Employment 2021-12-01 3:35 pm By Miklos Bolza

Two law firms are seeking court approval to drop class actions brought on behalf of allegedly misclassified casual coal miners, in light of a High Court decision that “radically” decreased their chances of success.

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ACCC pressured ASIC to drop investigation into JPMorgan, court hears
Competition & Consumer Protection 2021-12-01 8:57 pm By Cindy Cameronne

A senior ACCC officer tried to dissuade ASIC from investigating alleged insider trading by JPMorgan because of fears it would ā€œupsetā€ the competition regulatorā€™s criminal cartel case over a $2.5 billion ANZ share placement, a court has heard.

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CFMMEU cops $554,600 penalty for coercive worksite protests
Employment 2021-12-01 9:46 pm By Bianca Hrovat

The CFMMEU and two of its officers have been hit with a $554,600 penalty for allegedly using the union’s ā€œcovert industrial muscleā€ to pressure a New South Wales crane company to bend to its bargaining demands.

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Acciona may have ‘difficulty’ persuading court in spat over $696M Kwinana project
Energy & Natural Resources 2021-11-30 2:19 pm By Bianca Hrovat

A judge has granted a 21-day stay of a lawsuit brought by Acciona, a Spanish infrastructure company seeking to use COVID-19 as a reason to back out of its construction contract for the $696 million Kwinana waste-to-energy plant, and has warned the company it faces a difficult task to persuade the court of its case.

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ACCC updated policies on witnesses after ‘flawed’ bank cartel probe, court hears
Competition & Consumer Protection 2021-11-30 10:36 pm By Miklos Bolza

A senior ACCC officer was probed Tuesday on whether the competition regulator updated its guidelines for taking witness statements in July in response to criticism of investigators’ methods in the cartel probe over ANZ’s $2.5 billion share placement.

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PwC strikes back in class action over $50M Axsesstoday prospectus
Class Actions 2021-11-30 6:30 pm By Cindy Cameronne

Professional services giant PricewaterhouseCoopers has hit back at a class action over a $50 million prospectus for Axsesstoday, filing a cross-claim against the asset finance lender and saying it ā€œtakes no responsibilityā€ for allegedly defective offer documents.

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Mazda’s customer service ‘appalling’ and misleading, but not unconscionable, judge finds
Competition & Consumer Protection 2021-11-30 4:11 pm By Christine Caulfield

Mazda’s treatment of customers with defective vehicles was “appalling” and its statements about their entitlement to a refund were false or misleading, a judge has found in a partial win for the ACCC.

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Apple denies app store monopoly, says blocking Fortnite didn’t harm Epic Games’ business
Competition & Consumer Protection 2021-11-30 11:04 pm By Cat Fredenburgh

Apple has rejected claims that it misused its market power by pulling Epic Games’ popular Fortnite game from its App Store and says the move did not affect the game developer’s business because most of its revenue comes from other platforms.

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Judge orders Employsure to pay $1M after ‘gagging’ at ACCC’s proposed sum
Employment 2021-11-30 5:43 pm By Bianca Hrovat

Specialist workplace relations consultancy Employsure has been ordered to pay a $1 million penalty over a series of misleading Google advertisements, a figure significantly lower than the $5 million sought by the Australian Competition and Consumer Commission.

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