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VW wants Bannister Law class actions shut down
Class Actions 2018-06-05 2:58 pm By Christine Caulfield

The fate of class actions against Volkswagen in the sprawling Australian case over the car maker’s diesel emissions cheating scandal will be the subject of a major court battle starting Wednesday.

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Jenny Craig cut down to size with ACCC penalty
Competition & Consumer Protection 2018-06-05 12:01 pm By Christine Caulfield

Weight loss centre Jenny Craig has been ordered to pay a penalty for misleading television ads that promised people could lose up to 10 kilos for a $10 free.

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ACCC rejected $3M settlement offer from CFMEU in secondary boycott case
Competition & Consumer Protection 2018-06-01 11:06 pm By Cat Fredenburgh

The ACCC rejected a $3 million settlement offer in a high-profile case against the Construction, Forestry, Mining, and Energy Union over secondary boycotts, instead taking its chances in a trial that ultimately resulted in a penalty of just $1 million, according to a judgment published Friday.

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Unlockd and loaded: A startup takes on Google
Analysis 2018-06-01 10:21 pm By Christine Caulfield

Unlockd’s case against Google is the first action in Australia to test a revamped law prohibiting misuse of market power, and one of the first private cases in the world to challenge Google’s dominance in court. For both sides, the stakes couldn’t be higher.

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Optus wants damages for lost biz after Telstra ‘Unlimited’ ads
Telecommunications 2018-06-01 3:50 pm By Miklos Bolza

Telecommunications company Optus asked a judge Friday to award damages for customers it lost as a result of Telstra’s “Unlimited” ad campaign, which the Federal Court ruled last week was misleading and deceptive.

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Fitbit settles with ACCC for misleading consumers
Competition & Consumer Protection 2018-06-01 2:32 pm By Cat Fredenburgh

Fitbit has agreed to settle with the ACCC after misleading customers about their guarantee rights under the Australian Consumer Law, another win for the regulator as its fights a recent court ruling over the extent of companies’ obligations to disclose remedies available under the law.

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ANZ, Deutsche Bank, Citigroup face criminal cartel charges
White Collar 2018-06-01 9:57 am By Christine Caulfield

ANZ, Deustche Bank and Citigroup will be hit with criminal charges over an alleged cartel involving the institutional equity placement of ANZ shares that raised $2.5 billion in capital.

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Protracted ACCC review dooms MYOB, Reckon deal
Competition & Consumer Protection 2018-05-31 1:10 pm By Cat Fredenburgh

MYOB has decided to drop its bid to acquire Reckon’s accounting unit due to the ACCC’s extended regulatory review of the tie-up.

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Unlockd wins bid to stop Google blocking app in Australia
Competition & Consumer Protection 2018-05-31 11:55 am By Cat Fredenburgh

Mobile advertising startup Unlockd won a temporary injunction from the Federal Court Thursday barring Google from blocking its app in Australia until further hearing, in the first case to test revamped misuse of market power laws.

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Apple issued warning in NZ as ACCC trial looms
Competition & Consumer Protection 2018-05-30 9:54 pm By Miklos Bolza

As Apple gears up to face off against the ACCC next month for allegedly misleading iPhone and iPad users about their rights to have faulty devices repaired free of charge, it has received a fresh warning that it may have violated consumer laws, this time in New Zealand, by setting expiry dates on consumer guarantees.

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