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Cargill cow gene patent invalid, Federal Court says
A federal court judge has found that a bovine gene patent held by Cargill Inc. is invalid, but said the American agriculture giant could beef up the patent claims in response to his ruling.
5 companies now face Takata airbag class actions
Five automakers have reportedly now been sued by law firm Quinn Emanuel over defective Takata airbags.
ACCC sues Optus for pressuring customers to move to NBN
Optus has been sued for allegedly pressuring customers to move to the National Broadband Network before they needed to make the switch.
Tabcorp’s $11B merger with Tatts gets thumbs up, again
The Australian Competition Tribunal has for a second time signed off on Tabcorp's $11 billion merger with lotto giant Tatts, a deal the competition regulator fought hard to stop.
BrisConnections settles $2.2B case over collapse
BrisConnections' receiver PPB Advisory has settled its $2.2 billion lawsuit against engineering consultant Arup, a court was told Monday.
Toyota faces first Takata airbag class action in Australia
Toyota has become the first car manufacturer to be hit with a class action in Australia over faulty Takata airbags, Quinn Emanuel said Monday, and six other automakers are next.
Judge OKs $100M in rate-rigging settlements
A Federal Court judge on Friday signed off on $100 million in settlements between Australia's securities regulator and National Australia Bank Ltd. and Australia & New Zealand Banking Group Ltd. for attempting to manipulate the market for the bank bill swap reference rate.
Meriton tried to thwart bad TripAdvisor reviews, judge says
Property manager Meriton Property Services violated the law by trying to keep guests at its properties from posting bad reviews on TripAdvisor, the Federal Court said Friday, a win for Australia's consumer regulator in its first case over online reviews.
ACCC allows AusPost franchisees to collectively bargain
The Australian competition regulator has signed off on a bid by a post office industry group that represents Australia Post franchisees to collectively negotiate with Australia Post.
Citibank repays cardholders $4.3M
Citibank will provide refunds of $3.3 million to credit card customers for failing to refund them when their credit card accounts were closed with an outstanding credit balance.