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ACCC allows Rex to coordinate with Qantas, Virgin on regional flights
Competition & Consumer Protection 2020-03-27 3:44 pm By Cat Fredenburgh

The Australian Competition and Consumer Commission will allow Regional Express to coordinate with Qantas and Virgin on certain regional routines during the coronavirus pandemic.

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Court forces ASIC to delay warning against Mayfair 101 despite COVID 19-stoked investment fears
Financial Services 2020-03-26 9:44 pm By Miklos Bolza

A judge has ordered ASIC to wait 48 hours after making any decision to send a warning notice to investment conglomerate Mayfair 101 before publicly issuing the notice, despite the regulator’s call for urgent action amid the COVID-19 pandemic.

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BHP wins appeal of unfair dismissal finding for worker over sex toy prank
Employment 2020-03-25 4:32 pm By Alison Eveleigh

BHP has successfully appealed a Fair Work Commission decision that found the mining giant had unfairly dismissed a worker after she placed a sex toy in a co-worker’s baggage at airport security and posed for a revealing photo at work.

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ACCC allows coordination to address COVID-19 ventilator shortages
Competition & Consumer Protection 2020-03-25 4:21 pm By Cat Fredenburgh

The Australian Competition and Consumer Commission has taken swift action to allow medical technology companies to coordinate on supplying ventilators, protective gear and other equipment in high demand due to the coronavirus.

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ACCC approves Coles bid for chilled meals company
Corporate 2020-03-25 1:22 pm By Cat Fredenburgh

The Australian Competition and Consumer Commission has approved Coles’ planned acquisition of chilled meals supplier Jewel, saying the sale was better for competition than the liquidation of Jewel’s assets.

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Court to determine Sony Playstation penalty without hearing
Competition & Consumer Protection 2020-03-25 12:15 pm By Cat Fredenburgh

A hearing has been vacated in ACCC proceedings brought against Sony alleging it misled gamers who purchased faulty PlayStation games, with any penalty the entertainment company should face to be decided by the court on written submissions alone as it seeks to avoid in-person hearings.

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ACCC allows supermarkets to join forces to combat panic buying
Competition & Consumer Protection 2020-03-24 7:37 pm By Alison Eveleigh

The Australian Competition and Consumer Commission has given the go-ahead for supermarkets to work together immediately to ensure consumers have access to fresh food and groceries, after a wave of panic buying lead to product shortages and delivery disruptions across the country.

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ASIC to shift regulatory priorities amid pandemic
ASIC 2020-03-23 1:19 pm By Cat Fredenburgh

The Australian Securities and Investments Commission will continue its enforcement activities amid the spread of the coronavirus but will prioritise cracking down on behaviour that threatens “immediate consumer harm”.

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Coronavirus shuts down ACCC cross-examinations in landmark ANZ cartel case
Competition & Consumer Protection 2020-03-20 10:10 pm By Christine Caulfield

For the lawyers conducting the committal hearings in the criminal cartel case over ANZ’s $2.5 billion equity raising, the Sydney Downing Centre courtroom was already too close for comfort.

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Clive Palmer loses second bid to quash criminal charges over resort villa takeover
Corporate 2020-03-19 4:37 pm By Christine Caulfield

Billionaire Clive Palmer has lost his appeals court fight to shut down criminal proceedings alleging his resort company breached takeover laws, with three judges saying his claims were untenable.

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