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‘We will hold them to account’: ASIC accuses Rex of misleading market
Securities 2024-12-11 1:29 pm By Julia Kanapathippillai

The corporate copy has brought court action against Rex and four of its directors alleging the regional airline misled the market about its profits.

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Telstra pays $3M penalty over Triple Zero outage
Telecommunications 2024-12-11 3:40 pm By Julia Kanapathippillai

Telstra has been hit with a $3 million penalty for failing to follow emergency call rules during a Triple Zero outage in March.

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Integral Diagnostics’ tie-up with Capitol Health cleared with sell-off
Competition & Consumer Protection 2024-12-10 11:46 pm By Andy Sidler

The ACCC has given medical imaging company Integral Diagnostics the green light to acquire Capitol Health, after it offered to sell off one of 61 radiology clinics to win approval. On Tuesday, the competition regulator announced that it would not oppose the acquisition, which would see ASX-listed Integral Diagnostics acquire Capitolā€™s 60 radiology sites right…

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ā€˜Big gapā€™ in digital platform regulation despite new ACCC powers: expert
Analysis 2024-12-09 11:35 pm By Cindy Cameronne

Proposed new regulations would give the ACCC a boost in targeting anti-competitive conduct by digital platforms, but a ā€œbig gapā€ remains in its powers, an expert told Lawyerly.

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University of Melbourne to backpay $72M to underpaid staff
Employment 2024-12-09 5:07 pm By Andy Sidler

The University of Melbourne will backpay $72 million to 25,000 academics who were paid on a ā€˜words-per-hourā€™ or ā€˜time-per-studentā€™ basis, a practice it now acknowledges was unlawful.

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iSignthis wins fight to bring evidence of offers to settle with ASIC
ASIC 2024-12-05 11:54 pm By Andy Sidler

Hoping for a discounted penalty, fintech iSignthis has won its bid to adduce evidence of without prejudice offers it made to reach a resolution with ASIC before the regulator took it to court.

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Competition fears over Orikan’s proposed merger with parking rival
Competition & Consumer Protection 2024-12-05 4:36 pm By Christine Caulfield

The Australian Competition and Consumer Commission has raised concerns about the proposed acquisition of parking management company Duncan Technologies by Orikan Group.

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Google maintains stronghold on search despite regulatory changes: ACCC report
Policy and Regulation 2024-12-04 2:40 pm By Cindy Cameronne

Google continues to dominate online search services in Australia, holding 94 per cent of the market share despite regulatory changes, the competition regulator said Wednesday.

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Coles, Woolworths say price increases were genuine, and so were the discounts
Competition & Consumer Protection 2024-12-03 5:32 pm By Julia Kanapathippillai

Hitting back at the regulator’s claims of dodgy sales promotions, Coles and Woolworths say price increases were the result of real cost pressures, and subsequent discounts were not illusory.

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Hamilton Locke loses challenge to Sydney law firm’s trade mark
Intellectual Property 2024-12-03 11:28 pm By Julia Kanapathippillai

Hamilton Locke has lost its opposition to the trade mark of a Sydney law firm, with a delegate finding the firms’ marks were not likely to cause confusion in the legal market.

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