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Meta wants ACCC’s crypto ad case put on hold until criminal action resolved
Competition & Consumer Protection 2022-09-16 2:56 pm By Cindy Cameronne

Facebook owner Meta has filed a bid to pause a case by the consumer regulator over scam cryptocurrency advertisements until the determination of a private criminal action brought by mining magnate Andrew Forrest.

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Lactalis breached Dairy Code by not publishing milk prices, court rules
Competition & Consumer Protection 2022-09-16 10:19 pm By Sam Matthews

A judge has found that dairy processor Lactalis Australia breached a mandatory industry code between farmers and processors requiring it to publish milk supply contracts on its website.

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Mayfair’s James Mawhinney wins reversal of 20-year ban
Appeals 2022-09-15 11:08 am By Sam Matthews

The founder of beleaguered investment group Mayfair 101, James Mawhinney, has won an appeal against a decision that saw him banned from soliciting funds or promoting any financial product for 20 years.

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‘Most regrettable’: Mawhinney’s incompetence claims against lawyers don’t come close, judges say
Financial Services 2022-09-15 1:52 pm By Sam Matthews

Despite scoring a win Thursday in his appeals court battle with ASIC, Mayfair 101’s James Mawhinney was criticized for his “spurious” claims against solicitors and counsel acting for him.

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Noni B owner pays up over ‘ACCC approved’ products
Competition & Consumer Protection 2022-09-15 11:15 pm By Cindy Cameronne

Noni B owner Mosaic Brands has paid $266,400 in fines after allegedly misleading customers about selling “FDA approved” face masks and “ACCC approved” hot water bottles.

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Roof tiling companies, directors cop $420,000 penalty in ACCC cartel case
Competition & Consumer Protection 2022-09-14 2:32 pm By Cindy Cameronne

A judge has ordered two Sydney roof tiling businesses and their directors to pay a total of $420,000 in penalties after making admissions in proceedings brought by the Australian Competition and Consumer Commission alleging they rigged bids for construction at the University of Sydney.

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Meta can’t keep ACCC case over scam crypto ads under wraps
Competition & Consumer Protection 2022-09-09 12:20 pm By Cindy Cameronne

Facebook-owner Meta has lost its bid for broad non-publication orders in its battle with the ACCC over material it says could prejudice jury members in criminal proceedings by mining magnate Andrew Forrest. 

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ACCC appeals ruling on Retail Food Group sample stores
Appeals 2022-09-09 12:23 pm By Cat Fredenburgh

The Australian Competition and Consumer Commission has appealed a judgment that found its case alleging Retail Foods Group misled franchisees should be run using a sample of stores.

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In loss for TerraCom, Full Court finds ASIC can view PwC report
Appeals 2022-09-07 12:57 pm By Sam Matthews

Coal mining firm TerraCom has lost its Full Court bid to shield a PricewaterhouseCoopers report from ASIC, on appeal from a judgment which found the regulator could view the report because of public statements made by the company.

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Apollo offers divestiture to win ACCC approval for THL acquisition
Competition & Consumer Protection 2022-09-06 11:16 pm By Cat Fredenburgh

Campervan company Apollo has offered to divest 80 per cent of its motorhome rental fleet in Australia to win ACCC approval for its tie-up with New Zealand competitor THL.

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