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Mastercard tells trial judge it took legal advice over merchant deals
Mastercard argued Wednesday it relied on legal advice in drafting alleged anti-competitive deals with major retailers, as the judge questioned the reliability of some witnesses for the payments giant, who recalled "virtually nothing".
Judge weighing $10.3M penalty sends ASIC, Mercer back to drawing board
A judge wants more details about a $10.3 million agreed-to penalty in proceedings brought by ASIC accusing Mercer Super of "longstanding and systemic" compliance failures.
ACCC approves Ampol’s $1B buyout of EG Australia with divestitures
The ACCC has signed off on Ampol’s $1.1 billion acquisition of fuel and convenience retailer EG Australia after it agreed to sell off some of its fuel sites, the first deal cleared under a complex phase two review.
Judge pushes COVID-19 aged care class actions towards 2027 trial
Noting the aging group members, a judge has pushed the parties in two class actions against aged care facilities over COVID-19 outbreaks to shoot for a 2027 or early-2028 trial date.
EVP wants to proceed with case against bankrupt Strongroom AI founder
Venture capital firm EVP has sought the court’s leave to proceed with claims against Strongroom AI founder and former director Christopher Durre, despite his financial state. 
‘Stop abusing legal privilege’: Senators told KPMG won’t produce docs to ASIC
A senator has slammed companies for abusing legal professional privilege, after hearing that KPMG has refused to hand over documents in an ASIC investigation into misuse of client information by KPMG auditors.
CSR must hand over performance data in misuse of market power case
Saint Gobain-owned CSR has been ordered to produce monthly performance reports for four of its business units and its building products division, in a competition case by insulation distributor Consolidated Energy.
Class action over Glenmore Park development includes subsequent buyers, court told
A class action against developer Mulpha Norwest and the Penrith City Council over a 683-lot development in Glenmore Park will include secondary and tertiary purchasers, a court has heard.
ANZ appeals loss in NZ loans fees class action
ANZ's New Zealand unit is appealing its loss in a class action alleging it failed to repay fees and interest wrongly charged to customers who took out home or personal loans.
Amazon taken to court over alleged missing button battery warnings
In the first suit of its kind, the ACCC has taken Amazon Australia to court, alleging children’s backpacks for sale on its online marketplace through a third-party seller do not comply with mandatory button battery rules.