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Celebrity chef Miguel Maestre in court over ‘El Toro Loco’ beer brand
Intellectual Property 2023-01-06 4:54 pm By Sam Matthews

A unit of beverage giant Bickford’s has taken Spanish-Australian chef Miguel Maestre to court for allegedly infringing its trade mark by selling beer under the ‘El Toro Loco’ brand.

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Retail Food Group agrees to $10M settlement in ACCC case
Competition & Consumer Protection 2022-12-23 5:27 pm By Cat Fredenburgh

Retail Food Group has agreed to a settlement worth $10 million in ACCC proceedings alleging the franchise giant misled purchasers of loss-making stores about the viability of its stores.

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Epic Games may face class action over ‘addictive’ Fortnite game
Class Actions 2022-12-23 6:15 pm By Cat Fredenburgh

Epic Games is facing a class action investigation for allegedly failing to warn parents about the addictive nature of its popular battle royale game Fortnite.

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Pokemon wins injunction against augmented reality game, NFTs
Intellectual Property 2022-12-22 5:34 pm By Cat Fredenburgh

A judge has granted the Pokemon Company’s request for a temporary injunction restraining an Australian business from developing an augmented reality game featuring its popular Pokemon characters and selling related NFTs. 

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ACCC rejects Telstra, TPG $1.8B mobile network sharing deal
Telecommunications 2022-12-21 9:50 am By Christine Caulfield

The ACCC has refused to authorise a regional network arrangement between Telstra and TPG, saying the deal would entrench Telstra’s dominant position in the mobile market.

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ACCC to weigh competition with, and without, Armaguard, Prosegur tie-up
Competition & Consumer Protection 2022-12-21 10:50 pm By Christine Caulfield

The proposed Armaguard merger with rival Prosegur will clearly reduce competition in the cash transport industry but the world without the tie-up might be just as bleak, the ACCC has said.

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Firm to drop class action against Philips over recalled sleep apnea devices
Class Actions 2022-12-20 4:08 pm By Cindy Cameronne

Philips Electronics will not face a class action in Australia over recalled sleep apnea machines that contained a foam component that could  degrade and cause consumers to inhale dangerous chemicals, after the law firm running the litigation decided to drop the case.

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AVZ Minerals may face class action over lithium project disclosures
Securities 2022-12-20 9:52 pm By Cat Fredenburgh

Lithium prospecting  company AVZ Minerals is facing a potential class action for allegedly misleading shareholders about its ownership rights to its flagship lithium project in the Democratic Republic of Congo. 

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‘ASX Wolf’ trader’s Instagram account was unlicensed financial services biz, court rules
Financial Services 2022-12-20 4:51 pm By Sam Matthews

Gold Coast ‘finfluencer’ Tyson Scholz provided illegal financial services by giving tips on his Instagram account and to customers who paid for access to his seminars and ‘Black Wolf Pit’ chat room, a judge has found.

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Despite pleading guilty, CBA dodges criminal case over consumer credit insurance
Competition & Consumer Protection 2022-12-20 9:39 am By Christine Caulfield

A precedential ruling on the statute of limitations in a separate case has forced the dismissal of criminal charges against the Commonwealth Bank — after the bank pleaded guilty.

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