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A judge has hit mattress retailer Emma Sleep with an $18 million penalty after it admitted to repeatedly misleading consumers about discounts, saying the ACCC's proposed $36 million was not needed to achieve deterrence, noting there was no financial loss to consumers.
For two years the Oreo Family Pack cost a Woolworths customer $3.50, until the biscuits were bumped to $5 in late 2022. Three weeks later, the product appeared on the shelves as a 'Prices Dropped' special, selling for $4.50. Inflation, Woolworths says. Deception, says the ACCC.
US drug maker Pfizer has been hit with a class action alleging it knew or ought to have known about the increased risk that patients who used its injectable contraceptive Depo-Provera could develop brain tumors.
A Woolworths manager has admitted he wouldn't have been content to sell Nestle's Ceralac at the advertised 'before' price of $6.50 in the absence of the product's listing on the supermarket chain's Prices Dropped program.
Gaming company Light & Wonder has been hit with a securities class action over disclosures about its Dragon Train poker game, after an employee's theft of rival Aristocrat's trade secrets led to litigation that settled for $190 million.
Sportsbet has argued that the lead plaintiff in a class action over alleged unlawful in-play betting services should hand over communications he had with his solicitor before he signed a retainer.
Ampol has offered to divest 41 sites to win ACCC approval for its $1.1 billion acquisition of EG Australia, after the regulator started a phase two review into the tie-up.
A Woolworths executive facing cross-examination in the ACCC's case over alleged illusory discounts has denied that price increases were anything other than a reaction to inflation and a “tsunami” of supplier cost increase requests.
A second law firm has launched a shareholder class action investigation into James Hardie's alleged inadequate disclosures about troubles in its North American fiber cement unit in a market guidance for the 2026 financial year.
Environmental group Greenpeace won't take its case alleging Woodside misled the public by greenwashing its oil and gas projects to trial, after a judge tossed a similar case against Santos in February.