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ACCC will not oppose Woolworths’ planned $552M investment in PFD
The ACCC has cleared Woolworths' planned $552 million acquisition of a 65 per cent stake in wholesale food distributor PFD Food Services without the supermarket giant's proposed undertaking to maintain independence between the company for three years.
Volkswagen asks High Court to toss landmark $125M Dieselgate penalty
Volkswagen has asked the High Court to throw out a a landmark $125 million penalty over its emissions cheating scandal, the highest ever handed down in Australia for consumer law violations.
Full Court warned sending Epic Games lawsuit against Apple to California would have ‘chilling effect’
Video game developer Epic Games has asked the Full Federal Court to overturn an "illogical" decision sending its competition lawsuit against Apple to California, saying the move would have a "chilling effect" on the enforcement of Australia's competition laws.
Dodo, iPrimus hit with $2.5M penalty over broadband speed claims
Telecommunications companies Dodo and iPrimus must pay $2.5 million in penalties for making misleading claims about their NBN broadband speeds, a court has ruled.
JPMorgan tries to shield ASIC settlement negotiations in ANZ cartel case
JPMorgan is fighting to keep details of failed settlement talks with ASIC under wraps in criminal cartel proceedings over a $2.5 billion ANZ share placement, as ANZ seeks to uncover whether the corporate regulator made a deal with the investment bank ahead of the cartel case being filed.
Mosaic Brands hit with $630,000 penalty for misleading claims about hand sanitiser, masks
Mosaic Brands has paid $630,000 in penalties after being hit with infringement notices by the ACCC for misleading claims made about hand sanitiser and masks sold on its websites at the height of COVID-19 pandemic last year.
Jump swim school hit with $23M penalty for ‘very serious’ consumer law breaches
The failed franchisor behind the Jump Swim Schools brand has been hit with a $23 million penalty for what a Federal Court judge found were "very serious" consumer law contraventions.
Banks can access JP Morgan’s ‘first accounts’ in ANZ cartel case
Several banks and executives facing criminal cartel charges over a $2.5 billion ANZ share placement have won access to interview notes taken by whistleblower JP Morgan prior to it being granted immunity, which the banks say will prove inconsistencies in the prosecution's case.
Telstra fined $50M for ‘beyond conscience’ exploitation of Indigenous customers
Telstra has been fined $50 million for using unconscionable tactics to sign up more than 100 Indigenous customers with post-paid mobile plans they didn't understand and could not afford, the second highest penalty ever imposed for consumer law violations.
ACCC accuses company of trying to rig bid for National Gallery of Australia tender
The Australian Competition and Consumer Commission has brought proceedings against industrial technology company Delta Building Automation for allegedly attempting to rig a bid for a tender by the National Gallery of Australia.