Japanese car parts manufacturer Yazaki will have to pay a $46 million penalty for price-fixing, now that the High Court has refused to hear its appeal of the record competition fine.
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.
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.
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.
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.
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.
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.
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.
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.
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.