The ACCC has raised concerns about Coles plans to acquire milk processing plants from Saputo, with the regulator saying the transaction — marking the first time a supermarket chain has ventured into the processing market — would be a “major structural change”.
The proposed $1.5 billion merger of Australian Clinical Labs and Healius — two of Australia’s largest pathology services providers — is likely to substantially lessen competition, the ACCC has warned.
A judge has found the state of NSW liable to compensate the lead plaintiffs in a class action brought on behalf of small businesses over the “substantial and unreasonable” interference caused by the construction of Sydney’s $3 billion light rail network, but he flagged “significant problems” in applying his findings to thousands of potential group members.
A former chef of catering company Peter Rowland Group has lost her fight for gender pay equality, with the Fair Work Commission accepting the merits of her claim but ruling the legislation that covers equal pay can apply only to current employees.
A union representing 54 junior doctors alleging they were systemically underpaid has defeated a bid by NSW Health to stay its case until the determination of a related class action on behalf of tens of thousands of medical officers.
Ferroglobe has claimed a Queensland technology company used its confidential information in new patent applications, as the global specialty metals producer races to protect its IP before the applications are published.
The corporate watchdog has cancelled the AFS licence of FTX Australia, the Australian subsidiary of collapsed cryptocurrency exchange FTX.
Senior EY partners have condemned PwC and attempted to distance the firm from the scandal that has rocked the industry, but its cleanskin claims were met with scepticism by senators, who questioned the failure to provide EY’s partnership deed and remuneration details.
HWL Ebsworth has admitted it gave a client negligent advice over property in Paramatta’s ‘Auto Alley’ but said the owner’s alleged $3.5 million loss was not caused by the law firm’s mis-step in a transaction with companies linked to the defunct Dyldam Developments.
A Chinese businessman behind the Latitude indoor trampoline park chain has failed in a lawsuit against his Australian co-investor, after claiming a share sale agreement between the two was breached when his partner decided to sell the business to competitor Bounce.