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ACCC takes Magnamail to court for misleading prize promotions
Competition & Consumer Protection 2024-11-08 4:26 pm By Julia Kanapathippillai

Court action by the ACCC alleges mail order company Magnamail made misleading statements to hundreds of thousands of people about prizes they weren’t eligible to win.

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‘Influx’ of consumer class actions likely after High Court’s Toyota decision, lawyer says
Analysis 2024-11-07 11:01 pm By Cindy Cameronne

Landmark High Court decisions in class actions against Toyota and Ford on how damages should be calculated for defective vehicles will spark more consumer class actions, a plaintiff lawyer told Lawyerly.

Judge grounds Moccona’s infringement claims over Vittoria’s coffee jar design
Intellectual Property 2024-11-07 4:27 pm By Cindy Cameronne

Vittoria has defeated claims in an intellectual property battle that it infringed on rival Koninklijke Douwe Egbert’s trade mark for the design of its Moccona instant coffee jar.

Chemist Warehouse, Sigma win ACCC approval for $8.8B merger
Competition & Consumer Protection 2024-11-07 4:41 pm By Julia Kanapathippillai

The competition regulator has given its blessing to the $8.8 billion merger of Chemist Warehouse and Sigma Healthcare, subject to a promise that franchisees will be free to terminate their contracts.

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Blackstone’s bid to acquire I’rom raises competition concerns over clinical trials
Healthcare 2024-11-07 11:32 pm By Julia Kanapathippillai

The ACCC has red flags about the acquisition of Japanese healthcare business I’rom Group by private equity behemoth Blackstone.

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Class actions against Ford, Toyota score major win in High Court
Class Actions 2024-11-06 3:06 pm By Cindy Cameronne

The High Court has upheld appeals in class actions against Ford and Toyota over the calculation of damages for reduction in value of defective vehicles.

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Carnival settles class action over ‘cruise from hell’
Class Actions 2024-11-04 11:24 pm By Cat Fredenburgh

Carnival has settled a class action on behalf of passengers on a seven-day South Pacific voyage that became the “cruise from hell” when their vessel sailed into a Category 5 cyclone.

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Virgin bondholders want to join Velocity Rewards to class action
Class Actions 2024-11-01 11:02 pm By Cindy Cameronne

A class action against Virgin Australia wants to drag Velocity Rewards into the case, claiming the frequent flyer program was involved in misleading investors about $460 million in funds on Virgin’s balance sheet.

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Optus pressured customers to buy phones they couldn’t afford, ACCC says
Competition & Consumer Protection 2024-10-31 11:37 pm By Andy Sidler

The consumer regulator has launched court action against Optus, alleging sales staff put undue pressure on customers to buy phones they couldn’t afford.

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Brookfield wins conditional approval for $10B Neoen play
ACCC 2024-10-31 11:59 pm By Andy Sidler

The ACCC will clear asset manager Brookfield’s $10 billion acquisition of French renewables giant Neoen on the condition that it shed Neoen’s Victorian assets and projects.

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