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ASIC can’t halt Clive Palmer’s case over alleged unlawful examination
White Collar 2025-03-04 11:46 pm By Julia Kanapathippillai

ASIC has lost its bid to pause the latest case brought by billionaire Clive Palmer, which alleges compulsory examinations that underpinned a criminal case against him were undertaken for an improper purpose. 

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ACCC issues warning as clock ticks on new merger review process
Competition & Consumer Protection 2025-03-04 11:19 pm By Sam Matthews

The ACCC has issued guidance on the transition to its new mandatory merger control regime, warning businesses to make requests for informal reviews under the old regime soon or risk running out of time.

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Former IRExchange execs charged with misleading ASIC
ASIC 2025-03-04 11:05 pm By Andy Sidler

Three former executives of failed online grocery wholesaler IRExchange have been charged with misleading the corporate cop during an investigation into a capital raising.

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Webjet to pay $9M for misleading air travelers about bookings
Competition & Consumer Protection 2025-02-28 10:58 pm By Andy Sidler

Online flight bookings service Webjet has agreed to cop a $9 million penalty for misleading air travelers about prices and bookings, just months after the consumer cop took it to court.

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Allianz, AWP fined $16.8.M for misrepresenting travel insurance cover
Insurance 2025-02-28 11:02 pm By Christine Caulfield

Insurer Allianz and its distributer AWP have been convicted and fined $16.8 million after pleading guilt to charges of making false or misleading statements over travel insurance coverage.

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ASIC still has ‘grave concerns’ over businessman’s plans amid $35M probe
ASIC 2025-02-27 11:14 pm By Andy Sidler

After losing a travel ban application against a Melbourne businessman as part of a probe into a failed investment fund, ASIC is now seeking freezing orders over his assets.

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Glencore sues Port of Newcastle over wharf charges
Competition & Consumer Protection 2025-02-25 11:13 pm By Sam Matthews

Mining giant Glencore has sued the operator of the Port of Newcastle over shipping fees, alleging it has been overcharged over $800,000 after the port authority disregarded a determination by the competition watchdog.

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ACCC cartel case to focus on whether Spotless, Ventia were in competition
Competition & Consumer Protection 2025-02-25 1:53 pm By Cindy Cameronne

A key issue in the ACCC’s price-fixing case against Downer EDI’s Spotless and Ventia is likely to focus on whether the facilities services companies were in competition, a court has heard. 

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Mastercard continued usual document deletion despite ACCC probe, court told
Competition & Consumer Protection 2025-02-24 2:09 pm By Cindy Cameronne

Trial in the ACCC’s misuse of market power case against Mastercard has been pushed to 2026, after the US company failed to comply with discovery orders. 

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Former Star Entertainment execs cop penalties after settling with ASIC
Gaming 2025-02-24 4:46 pm By Christine Caulfield

A judge has imposed penalties against Star’s former managing director and former CFO as part of settlements reached with the corporate regulator, as trial against nine other executives continues.

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