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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.Ā 

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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 couldĀ  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 prospectingĀ  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.Ā 

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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 ā€˜finfluencerā€™ Tyson Scholz provided illegal financial services by giving tips on his Instagram account and to customers who paid for access to his seminars and ā€˜Black Wolf Pitā€™ 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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ā€˜Predatory and flagrantā€™: Debt collector A&M Group to pay $800,000 in ASIC case
Financial Services 2022-12-20 3:00 pm By Cindy Cameronne

A judge has ordered debt collection agency A&M Group to pay $800,000 after it allegedly harassed and coerced debtors by repeatedly contacting family, friends and employers and claiming they could face imprisonment.

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Aussie Skips, CEO charged with cartel offences
ACCC 2022-12-19 4:13 pm By Sam Matthews

Aussie Skips Recycling and Aussie Skips Bin Services have been charged with two criminal cartel offences over alleged price fixing for demolition waste services in Sydney.

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