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ACCC to look at Uber Eats contracts
Competition & Consumer Protection 2018-04-23 9:39 pm By Cat Fredenburgh

The head of the Australian Competition and Consumer Commission said the regulator will scrutinise Uber Eats’ contracts with the restaurants that provide the food for its delivery service, in the wake of complaints from restaurants that the delivery service imposes unfair contract terms.

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High Court rejects Valve’s bid to challenge $3M ruling
Competition & Consumer Protection 2018-04-20 12:47 pm By Christine Caulfield

US-based online gaming giant Valve Corp. has lost its bid to appeal to the High Court of Australia a $3 million judgment for misleading customers who bought faulty products online.

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Gucci, Guess global settlement ends Australia action
Intellectual Property 2018-04-20 11:46 am By Cat Fredenburgh

Iconic fashion labels Gucci and Guess have agreed to a global settlement in their nine-year long courtroom battle over the famed “G” design trademark.

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ACCC delays decision on MYOB, Reckon merger
Competition & Consumer Protection 2018-04-20 10:45 am By Cat Fredenburgh

The ACCC has delayed it decision on MYOB’s proposed bid for Reckon’s accounting unit while it waits for information, after the regulator raised concerns about how the merger would affect competition in the accounting software market.

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ACCC should ‘have another look’ at AGL’s Liddell plans, says MP
Energy & Natural Resources 2018-04-19 10:16 pm By Christine Caulfield

Calling on the competition chief to “have another look” at AGL’s decision to shutter its Liddell plant, Liberal MP Craig Kelly says the power company’s conduct makes for a clear case under the new misuse of market power provision of Australia’s competition law. 

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ACCC’s case bad for business, Aboriginal art supplier tells court
Competition & Consumer Protection 2018-04-18 8:43 pm By Miklos Bolza

An Aboriginal art and souvenir supplier says its business has taken a hit since the ACCC accused it of selling fakes, and the company wants to expedite the regulator’s case to avoid further damage, a court heard Wednesday.

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Former NAB adviser banned for stealing $2 million from clients
Financial Services 2018-04-18 12:50 pm By Cat Fredenburgh

A former NAB financial adviser has been permanently banned from providing financial services after an ASIC investigation found he fleeced clients out of at least $2 million.

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Independence of Clayton Utz report questioned at Royal Commission
Clayton Utz 2018-04-17 11:11 am By Christine Caulfield

The independence of a report by law firm Clayton Utz to ASIC over AMP’s practice of charging customers for services not performed was called into question Tuesday at the Hayne Royal Commission.

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Commonwealth Bank to pay $3 million over fees for no service
Financial Services 2018-04-16 9:51 pm By Cat Fredenburgh

Two Commonwealth Bank subsidiaries have entered an agreement with ASIC to pay $3 million for failing to provide annual reviews to customers that paid for the service, adding to the $88 million they have already paid out to 31,500 affected customers.

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Ethicon plaintiffs win post-trial bid to expand class
Product Liability 2018-04-16 9:14 pm By Cat Fredenburgh

The applicants in a class action against Johnson & Johnson over allegedly defective vaginal mesh products have won court approval to expand the size of the class and seek an order blocking the sale of devices that don’t include a proper warning. 

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