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Competition law experts have raised doubts about changes to Australia’s merger review regime announced Wednesday, calling the reforms a mixed bag for businesses and the reduced role of the Federal Court "disappointing".
Treasurer Jim Chalmers is expected to announce changes to Australia's merger review regime on Wednesday that will require companies to notify the Australian Competition and Consumer Commission of deals above a certain threshold.
In a win for the Australian Competition and Consumer Commission, a court has found Dominique Grubisa's DG Institute made misleading statements to students who paid up to $9,000 to enrol in her property investment and wealth management programs.
A judge who tossed a $650 million lawsuit by dealers against Mercedes-Benz has said he rejected a "value-laden" take by other judges on what amounts to unconscionable conduct, avoiding what he mockingly described as "putatively profound" propositions "dollied up in prettified prose".
Aristocrat Leisure has hit back at a consumer class action filed over allegedly illegal ‘social casino’ apps, saying the class action will have to grapple with the fact that the games are played with 'virtual currency' that can’t be cashed in.
Uber has hit back at claims that it engaged in corporate espionage by using a software program called SurfCam to lure drivers away from rival GoCatch, saying its actions could not be compared to burglary because the material it obtained was not confidential.
The former CEO at Mexican fast food chain Zambrero has hit back at claims he exaggerated his role in the company's rapid expansion, saying he was founder Dr Sam Prince's "right hand man".
The competition regulator has asked the High Court to correct the Full Court's alleged error in overturning a finding that builder J Hutchinson and the union for construction workers violated competition laws by agreeing to boycott an independent subcontractor at a Brisbane building site.
Car repair franchise Ultra Tune is challenging a record $1.5 million fine for contempt for failing to comply with a court-ordered compliance program in proceedings brought by the Australian Competition and Consumer Commission.
British bank HSBC has been stung with $33,000 in penalties for alleged violations of rules designed to increase transparency and competition in the banking sector.