Most Recent
Buscopan cartel yields $2M penalty, landmark sentence for exec
A judge has hit Alkaloids of Australia with a nearly $2 million penalty for engaging in cartel conduct and sentenced its former export manager to a term of imprisonment for his involvement in fixing prices for a key chemical in anti-spasmodic drug Buscopan.
Abandoned soccer match between Scottish rivals spawns $3M suit
Australian sports promoters TEG Live and Left Field Live have sued Scottish football team the Rangers for at least $3 million after the club allegedly backed out of a Sydney match with rival Celtic.
Court can’t use general power under class action regime to dispense with opt out notice, judge says
A judge overseeing the Montara oil spill class action has found the Federal Court's broad discretion under the class action regime is "outflanked" by the need to give group members a chance to opt out. But resolving that question on Thursday -- which has divided the courts -- caused a further wrinkle ahead of a hearing to weigh a settlement in the case.
Jaguar Land Rover faces class action over allegedly defective diesel filters
Car manufacturer Jaguar Land Rover has been hit with a class action alleging it misled drivers over vehicles fitted with defective diesel particulate filters.
ACCC lays new turf with first standalone concerted practices enforcement outcome
The ACCC has secured its first enforcement outcome related solely to the concerted practices provisions of the competition law, in a case that shows the watchdog is willing to take action to prevent what it sees as anti-competitive practices that include sharing sensitive price information, write Gilbert + Tobin's Jeremy Jose, Sarah Lynch and Katie Latham.
$1M penalty against NQ Cranes over cartel agreement gets court’s OK
A judge has approved a $1 million penalty against Queensland crane company NQ Cranes for engaging in a conspiracy with a multinational rival to divide the Brisbane and Newcastle markets.
Westpac opposes ‘premature’ notice of $126M class action settlement
Westpac has objected to several proposed notices going out to group members in a class action over ‘junk’ consumer credit insurance, which three of the Big Four banks have agreed to pay $126 million to settle.
ASIC calls for $7.5M penalty against defunct funeral insurer that ‘preyed’ on First Nations people
ASIC is seeking $7.5 million in penalties against failed ACBF Funeral Plans and parent company Youpla Group for misrepresenting to customers that it was Indigenous-owned and falsely claiming that its products were specifically beneficial to First Nations people.
Settlement in Montara oil spill class action revealed to be worth $192.5M
In one of the year's biggest class action settlements, PTTEP Australasia has agreed to pay $192.5 million to settle a representative action over a 2009 oil spill that affected 15,000 Indonesian seaweed farmers.
Apple flags fight over consolidation of app store competition class actions
Apple has foreshadowed a challenge in the event two law firms seek to work together on a consolidated class action that alleges both Apple and Google engaged in anti-competitive conduct in operating their app stores.