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ACCC takes Magnamail to court for misleading prize promotions
Competition & Consumer Protection 2024-11-08 4:26 pm By Julia Kanapathippillai

Court action by the ACCC alleges mail order company Magnamail made misleading statements to hundreds of thousands of people about prizes they weren’t eligible to win.

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‘Influx’ of consumer class actions likely after High Court’s Toyota decision, lawyer says
Analysis 2024-11-07 11:01 pm By Cindy Cameronne

Landmark High Court decisions in class actions against Toyota and Ford on how damages should be calculated for defective vehicles will spark more consumer class actions, a plaintiff lawyer told Lawyerly.

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Judge grounds Moccona’s infringement claims over Vittoria’s coffee jar design
Intellectual Property 2024-11-07 4:27 pm By Cindy Cameronne

Vittoria has defeated claims in an intellectual property battle that it infringed on rival Koninklijke Douwe Egbert’s trade mark for the design of its Moccona instant coffee jar.

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Chemist Warehouse, Sigma win ACCC approval for $8.8B merger
Competition & Consumer Protection 2024-11-07 4:41 pm By Julia Kanapathippillai

The competition regulator has given its blessing to the $8.8 billion merger of Chemist Warehouse and Sigma Healthcare, subject to a promise that franchisees will be free to terminate their contracts.

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Blackstone’s bid to acquire I’rom raises competition concerns over clinical trials
Healthcare 2024-11-07 11:32 pm By Julia Kanapathippillai

The ACCC has red flags about the acquisition of Japanese healthcare business I’rom Group by private equity behemoth Blackstone.

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Class actions against Ford, Toyota score major win in High Court
Class Actions 2024-11-06 3:06 pm By Cindy Cameronne

The High Court has upheld appeals in class actions against Ford and Toyota over the calculation of damages for reduction in value of defective vehicles.

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Carnival settles class action over ‘cruise from hell’
Class Actions 2024-11-04 11:24 pm By Cat Fredenburgh

Carnival has settled a class action on behalf of passengers on a seven-day South Pacific voyage that became the “cruise from hell” when their vessel sailed into a Category 5 cyclone.

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Virgin bondholders want to join Velocity Rewards to class action
Class Actions 2024-11-01 11:02 pm By Cindy Cameronne

A class action against Virgin Australia wants to drag Velocity Rewards into the case, claiming the frequent flyer program was involved in misleading investors about $460 million in funds on Virgin’s balance sheet.

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Optus pressured customers to buy phones they couldn’t afford, ACCC says
Competition & Consumer Protection 2024-10-31 11:37 pm By Andy Sidler

The consumer regulator has launched court action against Optus, alleging sales staff put undue pressure on customers to buy phones they couldn’t afford.

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Brookfield wins conditional approval for $10B Neoen play
ACCC 2024-10-31 11:59 pm By Andy Sidler

The ACCC will clear asset manager Brookfield’s $10 billion acquisition of French renewables giant Neoen on the condition that it shed Neoen’s Victorian assets and projects.

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