TransUrban on Monday submitted its bid for a 51 percent stake in the $16.8 billion WestConnex project being sold by the NSW Government, despite the ACCC’s delay in signing off on the deal after expressing concerns it might hinder competition.
The Australian Competition and Consumer Commission has sued Aurizon and Pacific National, claiming a proposed $225 million deal over a major rail freight business in Queensland would have substantially lessened competition.
The Australian Competition & Consumer Commission has postponed its final decision around Sydney Transport Partners’ proposed acquisition of a 51% stake in the $16.8 billion WestConnex project from the NSW Government, citing “unusually complex competition issues”.
UK-based building products giant Hill & Smith Holdings has launched a Federal Court case accusing an Australian company, whose directors are ex-employees, of selling road safety barriers that infringe one of its patents.
The law firm leading a consumer class action against Ford wants a court order barring the car giant from communicating with the class about their individual claims and wants to know which, if any, group members it’s already spoken to.
A shareholder class action will be filed against Brambles now that IMF Bentham has agreed to unconditionally fund the case over alleged misstatements related to the logistics company’s 2017 financial year sales and revenue forecasts.
Toll Transport has lost a bid to dismiss a second proceeding brought against it by a freight handler who last year won the right to convert from a casual to a full-time position in a precedent setting ruling.
The judge overseeing a massive class action against Ford over its PowerShift transmission has vacated the trial date, blaming the lead applicant’s numerous “procedural failures”.
International airline Air New Zealand has been hit with a $15 million penalty for participating in a global air cargo cartel to fix the price of fuel, insurance and security surcharges.
The Australian Competition & Consumer Commission is seeking up to $30 million in penalties against Garuda Indonesia after the airline was found guilty of participating in a price fixing cartel.