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Zoetis offers divestiture to win ACCC approval for Jurox acquisition
Corporate 2022-08-11 11:54 pm By Christine Caulfield

US animal health giant Zoetis has offered to shed assets to win competition clearance for its proposed takeover of NSW-based pet drug maker Jurox.

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Johnson Winter & Slattery opens Canberra office with partners from MinterEllison
Business of Law 2022-08-04 11:18 pm By Christine Caulfield

Law firm Johnson Winter & Slattery is expanding its footprint with the opening of a Canberra office spearheaded by two new partners lured from MinterEllison and leading M&A partner Marcus Clark.

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IAG hit with shareholder class action over COVID-19 risk disclosures
Class Actions 2022-08-01 11:40 pm By Christine Caulfield

Insurance Australia Group faces a class action by shareholders over its disclosures connected to the impact of COVID-19 claims by policyholders.

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Mastercard says deals with retailers were legitimate, pro-competitive
Competition & Consumer Protection 2022-07-27 12:51 pm By Christine Caulfield

Mastercard had a legitimate and pro-competitive reason for reaching agreements with major retailers to choose its network over Eftpos for debit card processing, a court was told Wednesday in the competition regulator’s misuse of market power case against the financial services behemoth.

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ACCC blesses Aurizon, One Rail merger with sale of east coast assets
Competition & Consumer Protection 2022-07-14 1:27 pm By Christine Caulfield

The Australian Competition and Consumer Commission has given the OK to Aurizon’s proposed $2.3 billion acquisition of rail haulage company One Rail, after accepting a court-enforceable undertaking from Aurizon to sell One Railā€™s east coast business.

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ACCC goes after Ultra Tune again, this time for contempt of court
Competition & Consumer Protection 2022-06-28 5:27 pm By Christine Caulfield

Ultra Tune is facing contempt of court proceedings for allegedly breaching a judge’s orders and failing to meet the requirements of a court-ordered compliance program, instituted after the company copped a $2 million fine for contravening its disclosure obligations to franchisees.

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Mills Oakley brings on HWL Ebsworth partner to launch cyber risk and insurance practice
Business of Law 2022-06-23 1:36 pm By Christine Caulfield

Law firm Mills Oakley is launching a cyber risk and insurance offering spearheaded by former HWL Ebsworth partner Jason Symons.

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Allianz pleads guilty to false statements about travel insurance coverage
Insurance 2022-06-15 10:28 pm By Christine Caulfield

Insurer Allianz has pleaded guilty to six charges of making false or misleading statements online about the scope of cover under its travel insurance.

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Prosecutors secure second guilty plea in Nova Minerals market manipulation case
Securities 2022-06-10 9:48 pm By Harry Thomas

NSW man Benjamin Cooper has pleaded guilty to manipulating the share price of Nova Minerals in a conspiracy that involved the gold ore mining company’s former CEO.

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ASIC sues online lender Sunshine Loans over ‘prohibited’ fees
Financial Services 2022-06-07 12:53 pm By Sam Matthews

The Australian Securities and Investments Commission has sued Queensland-based Sunshine Loans for allegedly charging over $320,000 in prohibited fees.

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