The credibility of a witness in the ACCC’s dismissed cartel case against Cascade Coal may prejudice an upcoming criminal trial against the son of former NSW Labor minister Eddie Obeid, a court was told Friday.Ā
Mergers of major electricity generators would be blocked and the energy regulator given more power to combat market manipulation under sweeping reforms to reduce rising energy prices released by the consumer watchdog Wednesday.
The ACCC has filed a lawsuit against Click Energy for allegedly misleading consumers about possible discounts on their energy bills.
The Australian Competition & Consumer Commission’s high profile case alleging cartel conduct and bid rigging for mining exploration licences in NSW was dismissed by the Federal Court on Friday, but the reasons for dismissal may not be known for another year.
The former head of Australian mining company Kimberley Diamonds has been acquitted of charges that he signed off on market statements that assumed luxury retailer Tiffany & Co would pay higher prices for the company’s rare yellow diamonds.
Herbert Smith Freehills has prevailed in a suit by United Petroleum alleging the law firm and former United chairman Martin Hudson breached their duties to the company when they pulled a planned initial public offering in 2016.
Mining giant BHP Billiton has been hit with two class actions alleging it hired hundreds of mine workers as casual employees to avoid paying proper wages and benefits, and industry heavyweights Yancoal and Glencore may face similar claims in the coming months.
Two employer groups have lost their appeal of a Fair Work Commission decision that signed off on the merger of theĀ Construction, Forestry, Mining and Energy Union with two other unions.
A judge has found the Australian Cablemakers Association did not violate the consumer laws when it sent letters to several Ministers complaining that an electrical cable supplied by Midland Metals was unsafe.
An environmental group has lost a bid to halt the expansion of an open cut mine owned by a subsidiary of Peabody Energy on the grounds that the regulatory approval for the project failed to assess its greenhouse gas emissions.