The Australian Competition and Consumer Commission has brought proceedings against EnergyAustralia for allegedly misleading consumers when notifying them of changes to electricity prices.
The Australian Competition and Consumer Commission will not sign off on Transurban’s plan to acquire a majority stake in fellow toll road operator Horizon Roads, finding the deal would likely reduce competition for toll road concessions in Victoria.
A judge has approved a common fund order awarding $6.88 million to the funder behind a class action against Fonterra that settled for $25 million, opting not to wait for a much-anticipated appeals court ruling on the power to make CFOs at settlement.
The rancour is rising between Care A2 Plus and its US business partner Gensco Pharma, with the infant formula company firing off a cross-claim in a lawsuit alleging it breached a lucrative distribution deal.
The competition regulator has again raised concerns about how a planned acquisition by Dan Murphy’s owner Endeavour Group could affect competition in a local market for takeaway liquor. In a statement of issues released Thursday, the Australian Competition and Consumer Commission expressed preliminary worries that Endeavour’s purchase of the Rye Hotel on Victoria’s Mornington Peninsula…
A judge has rejected the energy regulator’s claims that the owner of the Pelican Point power station in Adelaide failed to disclose its complete generator capacity to the energy market operator for months, contributing to rolling blackouts during a 2017 heatwave.
Another online trader has been hit with a class action by inexperienced investors who lost money while trading in risky derivatives slammed as little more than gambling products.
United Petroleum has given an undertaking to not contact group members in a class action against the petrol giant over the introduction of loss-making Pie Face stores, amid concerns about the treatment of franchisees participating in the case.
The High Court has granted defunct online educator Captain Cook College special leave to appeal a finding that it engaged in systemic unconscionable conduct by enrolling thousands of unsuitable students, who accrued $60 million in debt but never finished their courses.
A New South Wales developer’s argument that the Full Court was “plainly wrong” to dismiss the ACCC’s competition case against NSW Ports over the privatisation of two ports is destined for the High Court, a judge has heard.