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Amazon, eBay, Kogan in ACCC’s sights in digital platforms inquiry
Competition & Consumer Protection 2021-07-22 10:57 am By Miklos Bolza

The ACCC will probe potential competition and consumer concerns over online retail platforms eBay, Amazon, Kogan and Catch.com.au, and has called for submissions as part of its ongoing inquiry into digital platform services.

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SPC appeals $1.2M judgment related to $40M Coca-Cola Amatil deal
Intellectual Property 2021-07-19 5:31 pm By Miklos Bolza

Melbourne-based joint venture Shepparton Partners Collective has appealed a $1.2 million judgment which found it infringed software developer QAD’s copyright by failing to pay a transfer fee to retain the licence after it acquired the iconic SPC Ardmona cannery in Victoria from Coca-Cola Amatil for $40 million.

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Snapchat looks to Aussie app developer in defence of US patent suit
Intellectual Property 2021-07-16 8:42 pm By Cindy Cameronne

Australian app developer Civi Corp must hand over documents that could help Snapchat in its defence against a US lawsuit alleging it infringed on patents for digital photograph technology, a court has ordered.

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Facebook says ACCC’s data collection allegations ‘overstated’
Competition & Consumer Protection 2021-07-06 11:52 am By Miklos Bolza

Facebook has accused the Australian Competition and Consumer Commission of overstating the amount of data it collected on users through its discontinued Onavo Protect mobile app, and says the collection was allowed under its terms of service.

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‘Maybe they should have thought about that before they kicked off a class action’: Judge baulks at Guvera proposal
Class Actions 2021-07-05 11:07 am By Cat Fredenburgh

A judge has rejected a request that he approve a settlement with the lead applicants in a class action by investors in failed music streaming platform Guvera that would dispense with the class action without notice being sent to group members.

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Westpac, Societe Generale accuse software company of $263M fraud
Financial Services 2021-07-02 1:14 pm By Miklos Bolza

Westpac and French investment bank Societe Generale have obtained freezing orders over $263 million in assets in fraud cases brought against a Sydney software firm and its director, with a court hearing that other financial institutions may also be at risk from the alleged fraud.

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Sydney office of Nuix raided by AFP, as class action firms circle
Securities 2021-06-24 1:22 pm By Cat Fredenburgh

The Australian Federal Police executed a search warrant on the Sydney office of technology company Nuix, which is now facing the threat of at least three class actions over disclosures concerning its $2.9 billion float, one of which is now well advanced.

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Oracle settles with director who was told he had ‘zero EQ’ before sacking
Employment 2021-06-24 12:52 pm By Cat Fredenburgh

Oracle has settled a lawsuit brought by a former account director who claimed he was fired for making complaints about one of his superiors who allegedly told him he had “zero EQ” and “an innate ability to annoy and anger people”.

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Lawyer to seek ‘no adverse costs’ order in cartel class action against Facebook, Google
Competition & Consumer Protection 2021-06-18 3:05 pm By Miklos Bolza

The self-represented lawyer behind a $1 billion class action against Facebook and Google over a cryptocurrency ad ban has said he will bring the first “no adverse costs” application to be heard by the Federal Court under the Competition and Consumer Act.

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ASIC defends handling of Nuix prospectus ahead of disastrous IPO
Securities 2021-06-18 2:35 pm By Christine Caulfield

The Australian Securities and Investments Commission’s new chair Joseph Longo has defended his team’s work in reviewing the Nuix prospectus before the embattled tech company’s $2.9 billion float late last year.

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