The Australian Competition and Consumer Commission has put the brakes on a cooperation agreement between Virgin Australia and Alliance Airlines for fly-in fly-out customers, citing concerns about increased prices and reduced services.Ā
Australian supplement manufacturer and retailer Universal Pharmaceuticals has admitted that it likely misled customers about the origin of shark products used in a supplement sold on its
Wealthy Heath website.
Racing NSW has accused its Victorian counterpart of planning an anti-competitive agreement with five other states to exclude it from the thoroughbred racing industry, as it seeks documents to bring potential claims.
Online florist Bloomex will admit to the Australian Australian Competition and Consumer Commission’s allegations that it violated consumer laws by posting misleading customer ratings on its website.
Scottish football team Rangers says it was entitled to nix an agreement to play matches in Sydney last year, in its defence to a $3 million suit brought by Australian sports promoters TEG Live and Left Field Live.
A judge has hit the maker of Fairy dishwashing products with an interim injunction that will disrupt the launch of its 30 Minute Miracle detergent, after finding consumer claims by the maker of Finish dishwashing products had a strong prospect of success.
Despite the growing popularity of new entrant TikTok, Facebook and Instagram-owner Meta retains significant market power in the social media industry, reporting annual advertising revenue of $5 billion in Australia alone, a report has found.
Two executives involved in ANZās $2.5 billion equity capital raising have stood by arguments that the book was covered when the bankās underwriters took up $750 million of the shares, despite ASICās allegations of āreceding demandā on the day of the placement.
ANZ has told a court it had no obligation to disclose a $750M bailout by the underwriters of a $2.5B equity capital raising in 2015, in ASIC’s case alleging the bank breached its continuous disclosure obligations by failing to alert the market to the bailout.
A class action over the collapse of Walton Construction has argued the National Australia Bank cannot shield communications with Norton Rose Fulbright and Deloitte because they were made to further a fraud or otherwise had an illegal or improper purpose.