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Agrison to pay $284,000 for misleading warranty representations
Competition & Consumer Protection 2021-10-22 6:40 pm By Miklos Bolza

Agricultural equipment supplier Agrison has been ordered to pay a $220,000 pecuniary penalty after admitting to misleading its customers about the terms of its tractor warranties.

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Tyro hit with class action over terminal outage
Class Actions 2021-10-20 4:10 pm By Cat Fredenburgh

Payments provider Tyro has been hit with a class action over a days-long terminal outage that left many businesses unable to accept payments.

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Crane maker NQCranes loses bid to strike out ACCC’s cartel case
Competition & Consumer Protection 2021-10-20 12:20 pm By Cindy Cameronne

Queensland crane company NQCranes has lost its bid to strike out the bulk of the ACCC’s amended case alleging it engaged in a conspiracy with a multinational rival to divide the Brisbane and Newcastle markets.

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Virtus ‘author of its own fate’ if Adora acquisition fails, judge says
Competition & Consumer Protection 2021-10-19 9:30 pm By Cindy Cameronne

IVF provider Virtus Health would be “the author of its own fate” if its proposed acquisition of rival Adora Fertility flopped, a judge has said in hearing the ACCC’s bid for a temporary injunction blocking completion of the planned purchase.

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‘BS free’ makeup brand MCoBeauty accused of lying to consumers
Competition & Consumer Protection 2021-10-19 2:45 pm By Bianca Hrovat

The manufacturer of the popular 1000Hour Lash & Brow Dye has accused “luxe-for-less” cosmetics company MCoBeauty of infringing its trade mark with its new 2000 Hour Lash & Brow Tint and misrepresenting to consumers that the product lasts twice as long.

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Class action firms circle Star following $1B share price plunge
Class Actions 2021-10-18 1:05 pm By Cat Fredenburgh

Star Entertainment Group is facing two possible shareholder class actions over alleged failures in the management of its anti-money laundering and counterterrorism financing risks.

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ACCC seeks $90M penalty for Trivago’s ‘startlingly misleading’ hotel deals
Competition & Consumer Protection 2021-10-18 4:38 pm By Bianca Hrovat

The Australian Competition and Consumer Commission is seeking a $90 million penalty against Trivago for the “startlingly misleading” ranking system used on its travel price comparison website.

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Seven Network sues 7-Eleven in escalating trade mark feud
Intellectual Property 2021-10-15 3:37 pm By Bianca Hrovat

Seven Network is seeking to remove several trade marks and logos registered to 7-Eleven, in a lawsuit filed just three months after the convenience store won its bid to have the broadcaster’s ‘7NOW’ mark removed.

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ACCC’s approval of BPAY, Eftpos, New Payments Platform merger faces challenge
Competition & Consumer Protection 2021-10-15 9:16 pm By Miklos Bolza

A challenge to the ACCC’s approval of the merger of major payment platforms BPAY, Eftpos and New Payments Platform Australia has been challenged by a Sydney-based fintech, which has accused NPPA of patent infringement.

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Companies ‘contemptuous’ of merger review rules, ACCC chair says
Competition & Consumer Protection 2021-10-15 2:28 pm By Cindy Cameronne

ACCC chair Rod Sims has spoken out about the move by IVF provider Virtus to complete its planned acquisition of rival Adora before clearance from the watchdog, saying the situation showed the need for merger review reform.

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