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ACCC sets new bar for competition penalties
Competition & Consumer Protection 2018-10-18 11:34 pm By Cat Fredenburgh

The ACCC secured $120.1 million in competition penalties in the 2017-18 financial year, including a record $46 million fine, and with a strong influx of immunity applications throughout the year, the cartel cop shows no signs of slowing down.

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AFT Pharma’s Maxigesic ads misleading, judge rules
Competition & Consumer Protection 2018-10-18 11:22 pm By Christine Caulfield

AFT Pharmaceuticals breached the consumer laws with misleading ads over the strength of its painkiller Maxigesic, a judge has found, siding with rival drug maker Reckitt Benckiser.

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Optus agrees to pay $10M for misleading customers over phone bills
Competition & Consumer Protection 2018-10-17 1:43 pm By Christine Caulfield

Optus has agreed to fork over $10 million in penalties after admitting it billed customers for premium phone services they didn’t sign up for, the consumer watchdog said Wednesday.

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Gov’t committee calls for higher competition fines
Competition & Consumer Protection 2018-10-16 7:59 pm By Miklos Bolza

A Federal Government committee has called on the ACCC and the courts to issue bigger fines to deter companies from breaching competition and consumer laws.

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Judge to rethink Glencore in-house counsel’s access to Cargill deal docs
Agriculture 2018-10-15 9:27 pm By Cat Fredenburgh

An appeals court has ordered the judge overseeing a fraudulent concealment trial over Cargill’s $420 million purchase of the Joe White malt business to reconsider his decision to allow an in-house lawyer at Glencore to access “highly confidential” deal documents.

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Court cans Asahi bid for docs to probe consumer claims against Gloria Jeans owner
Competition & Consumer Protection 2018-10-15 5:27 pm By Miklos Bolza

Asahi Beverages has lost a bid for preliminary discovery to consider whether it should bring misleading and deceptive conduct claims against a unit of Retail Food Group, owner of the popular Gloria Jeans Coffee and Donut King franchises.

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Clock’s ticking as Unlockd gets deadline for filing case against Google
Competition & Consumer Protection 2018-10-15 11:15 am By Christine Caulfield

Failed digital ad company Unlockd has until the end of the month to set out its competition case against Google or the suit will be thrown out.

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Aurizon wins bid for Qube docs in ACCC case
Competition & Consumer Protection 2018-10-12 10:54 pm By Miklos Bolza

Aurizon has won a request to view documents from Qube Holdings in the ACCC’s case alleging it reached an anti-competitive agreement with Pacific National for the sale of its intermodal freight business, as it pushes back against the competition regulator’s claim that there were other buyers vying for the business.

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Mineral Resources entitled to critics’ names in consumer case over negative tweets, judge says
Energy & Natural Resources 2018-10-12 9:31 pm By Cat Fredenburgh

A director of a corporate advisory firm has been ordered to name names in his defence of a lawsuit brought by Mineral Resources over tweets suggesting the lithium mining company’s ore has a bad reputation in China.

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Titus Day files cross-claim seeking commissions from Guy Sebastian
Competition & Consumer Protection 2018-10-11 2:49 pm By Cat Fredenburgh

The management company owned by Titus Day has fired back at a lawsuit filed by singer Guy Sebastian, claiming it’s still owed commissions for appearances by the singer.

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