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Fintech founder to pay for judge to fly to UK for testimony of ex-Visa boss
Competition & Consumer Protection 2018-11-02 3:02 pm By Christine Caulfield

The founder of a fintech company suing Visa for allegedly abusing its market dominance is flying a Federal Court judge to the UK to preside over the examination of a key but reluctant witness in the case, former Visa boss Rupert Keeley.

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Judge OKs $2.5M penalty against hearing aid cos. in ACCC case
Competition & Consumer Protection 2018-11-01 9:55 pm By Christine Caulfield

A judge has approved a $2.5 million penalty against two hearing aid retailers in the consumer regulator’s case alleging the companies targeted vulnerable pensioners with misleading newspaper ads.

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Unlockd drops competition case against Google
Competition & Consumer Protection 2018-10-31 10:55 am By Christine Caulfield

The administrators of collapsed startup Unlockd have withdrawn the company’s case against Google alleging the search engine giant abused its dominance to keep it out of the digital ad market.

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First class action to be filed over combustible cladding
Class Actions 2018-10-30 11:11 pm By Cat Fredenburgh

The first class action is expected to be filed on behalf of property owners whose buildings are covered with highly combustible polyethylene core cladding.

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ACCC probes Kogan over promotion
Competition & Consumer Protection 2018-10-29 11:33 pm By Cat Fredenburgh

Online retailer Kogan.com said Monday it’s facing an investigation by the ACCC into one of its promotions.

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Viagogo lured customers in with false claims, court hears
Competition & Consumer Protection 2018-10-29 10:09 pm By Miklos Bolza

A four-day trial against online ticket reseller Viagogo kicked off Monday, with the ACCC describing how the site misled consumers by falsely claiming it was an official ticket vendor, hitting them with a booking fee of around 28 per cent along the way.

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VW faces class action over Takata airbags
Class Actions 2018-10-29 1:48 pm By Cat Fredenburgh

Quinn Emanuel has filed a class action against Volkswagen over cars fitted with defective Takata airbags, the seventh class action filed by the firm in what’s been touted as one the largest consumer class actions in Australia.

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ANZ to get ASIC probe docs in $2.5B share placement case
Securities 2018-10-26 10:20 pm By Cat Fredenburgh

ASIC has been given a little over a month to provide ANZ with documents it collected during the course of its investigation into a $2.5 billion ANZ share placement, as the bank, which is facing a related criminal cartel case, mulls whether to file an application to stay the regulator’s action.

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VW must hand over docs on Dieselgate’s impact on car prices
Competition & Consumer Protection 2018-10-26 12:00 pm By Cat Fredenburgh

A Federal Court judge has ordered Volkswagen to produce documents related to its calculations on how its emissions cheating scandal could affect car prices.

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ACCC’s Sims wins three-year term extension
People In The News 2018-10-25 11:24 pm By Cat Fredenburgh

ACCC boss Rod Sims has won a five-year extension of his term as Chair, ensuring the high energy regulator will continue to make good on its promises of higher fines and tougher enforcement of the nation’s competition and consumer laws.

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