Biotech company Cryosite has agreed to pay $1.05 million to settle the competition regulator’s landmark case alleging it jumped the gun on a proposed merger agreement with rival Cell Care.
Railway technology company Wavetrain Systems has asked the court to bar a competitor started by its former CEO from making allegedly false claims about its patented rail safety devices to clients.
Car wash franchisor Geowash misled franchisees about how much revenue they could expect to earn per month and acted unconscionably in its charging practices, the court has found.
AFT Pharmaceuticals has launched a partial challenge to a court ruling that its Maxigesic ads made a number of misleading claims, including that the drug provides stronger and more effective relief than Reckitt Benckiser’s Nuromol.
A Melbourne computer retailer has won its appeal of a $2.8 million damages award for allegedly violating Microsoft’s Windows 7 IP, with a judge overturning the ruling by Justice Alexander ‘Sandy’ Street and ordering a rehearing before a new judge.
Café, restaurant and take away food services franchisors, which have faced criticism and litigation for allegedly misleading franchisees, will now face heightened scrutiny from the Australian Competition and Consumer Commission.
Optus has been ordered to pay $10 million in penalties for billing unwitting customers for premium mobile phone services, the consumer regulator said Wednesday.
The government has thrown its support behind a proposal to give the Federal Court jurisdiction to hear white collar criminal matters.
The court overseeing the ACCC’s collusion case against rail freight operators Aurizon and Pacific National has granted a confidentiality request by BlueScope Steel over documents subpoenaed after the steel company told the court trucks were not a viable alternative for transporting its goods in Queensland.
Accounting firm Pitcher Partners will challenge a ruling that it owes a NSW bus operator $5.6 million in damages for fraudulently concealing a costly amortisation error.