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NSW dragged into ACCC’s competition case over ports deal
Competition & Consumer Protection 2019-08-22 1:59 pm By Cat Fredenburgh

The ACCC has reversed course, naming the state of New South Wales in its lawsuit over an allegedly anti-competitive agreement for the privatisation of Port Botany and Port Kembla after previously saying the law did not apply to the state.

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Case against NSW Ports docked while ACCC matter sails on
Competition & Consumer Protection 2019-08-19 9:55 pm By Cat Fredenburgh

A competition lawsuit brought against NSW Ports has been stayed while a similar case brought by the competition regulator over an allegedly anti-competitive agreement to privatise Port Botany and Port Kembla moves forward.

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ACCC raises concerns over Emergent, Oxford cold storage deal
Competition & Consumer Protection 2019-08-15 10:46 pm By Christine Caulfield

US cold storage giant Emergent Cold’s proposed takeover of rival Australian company AB Oxford faces scrutiny by the competition regulator, which has raised preliminary concerns that the deal would hike up prices and bring down service.

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Barclays, other banks in forex cartel class action must produce US case docs
Competition & Consumer Protection 2019-08-15 3:36 pm By Christine Caulfield

A judge has ordered a group of banks facing a competition class action over alleged foreign exchange rate-rigging to hand over documents they produced as part of settlement agreements in class actions in the US and Canada.

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Europcar fined $350,000 after admitting to excessive credit card fees
Competition & Consumer Protection 2019-08-14 3:35 pm By Amelia Birnie

Global car rental company Europcar has been ordered to pay $350,000 in penalties, after admitting it charged more than 60,0000 customers excessive fees on Visa and Mastercard transactions.

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ACCC says five landmark cases against Google, Facebook ‘well advanced’
Competition & Consumer Protection 2019-08-13 9:41 pm By Christine Caulfield

The Australian Competition and Consumer Commission is preparing to launch five ground-breaking court cases against internet behemoths Google and Facebook, the regulator’s chair, Rod Sims, said Tuesday.

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‘We’re not in the realm of snake oil’: AFT appeals Maxigesic judgment
Competition & Consumer Protection 2019-08-13 9:02 pm By Miklos Bolza

AFT Pharmaceuticals has challenged a Federal Court decision that found its Maxisegic ads were misleading and deceptive, saying the judge “set the bar too high” by requiring it to prove there was an adequate scientific foundation for its painkiller representations.

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$100 million class action trailblazer back in the ring with new case on behalf of farmers
Class Actions 2019-08-13 8:15 pm By Amelia Birnie

A trailblazing country lawyer who took out seven overdraft extensions to self-fund a landmark $100 million case in the early years of the federal class action regime has stepped back into the ring to run a new case on behalf of dozens of Australian farmers.

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Ultra Tune appeals ‘manifestly excessive’ penalty for breaching Franchising Code
Competition & Consumer Protection 2019-08-12 9:11 pm By Miklos Bolza

National car repair franchise Ultra Tune has argued in a Full Federal Court appeal that a $1.07 million penalty in an ACCC case was “manifestly excessive” because it was based on unintentional breaches of the Franchising Code of Conduct that were caused by tardy accountants and auditors.

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Garuda reveals debts of $480M, but can’t dodge $19M cartel fine yet
Competition & Consumer Protection 2019-08-09 5:18 pm By Miklos Bolza

Indonesian airline Garuda has failed in its bid to stay a $19 million penalty for its role in a fuel surcharge cartel after telling the Federal Court it has debts of $480 million, with a judge saying he would be allowing the company to trade while insolvent if he granted the stay.

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