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Roof tiling companies, directors cop $420,000 penalty in ACCC cartel case
ACCC 2022-09-14 2:32 pm By Cindy Cameronne

A judge has ordered two Sydney roof tiling businesses and their directors to pay a total of $420,000 in penalties after making admissions in proceedings brought by the Australian Competition and Consumer Commission alleging they rigged bids for construction at the University of Sydney.

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Drug ingredient maker Alkaloids faces $30M penalty for ‘actively policing’ cartel
Ashurst 2022-09-05 11:32 pm By Cindy Cameronne

Pharmaceutical ingredient producer Alkaloids of Australia is facing a maximum $30 million penalty but has argued it should pay less than $1 million after pleading guilty to cartel conduct over the supply of a key chemical found in generic stomach cramp drugs.

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Judge approves $52M settlement in Takata airbags class actions
Allens 2022-08-15 11:38 pm By Cat Fredenburgh

A judge has approved a $52 million settlement is six class actions against car makers for allegedly selling cars fitted with deadly Takata airbags, under which individuals group members will get around $600 after $31.7 million in expenses is deducted.

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Roof tiling companies to cop penalty in ACCC cartel case
ACCC 2022-05-31 9:20 pm By Cat Fredenburgh

Two Sydney roof tiling businesses have made admissions in civil penalty proceedings brought by the Australian Competition and Consumer Commission alleging they rigged bids for construction at the University of Sydney.

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HWL Ebsworth says missing clause couldn’t have led to client’s $130M loss
Business of Law 2022-03-08 9:09 pm By Bianca Hrovat

HWL Ebsworth has told a judge the law firm’s omission of a mutual debt liability clause in a joint venture contract could not have led former client Dairycorp to lose a $130 million opportunity to develop land northwest of Sydney.

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HWL Ebsworth overlooked ‘obvious red flags’ in joint venture contract, trial told
Business of Law 2022-03-07 9:11 pm By Bianca Hrovat

HWL Ebsworth’s clients suffered a staggering $130 million loss when the law firm’s solicitors failed to notice “obvious red flags” in a joint venture contract for an ambitious Sydney-based land development, a court has heard.

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Meta, Instagram lose appeal bid to arbitrate startup’s competition case
Competition & Consumer Protection 2022-02-04 1:58 pm By Christine Caulfield

An appeals court has dismissed a second attempt by Meta and Instagram to shut down a misuse of market power case by a Melbourne-based social media startup.

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ACCC appeals ruling from judge who ‘gagged’ at proposed $5M Employsure penalty
ACCC 2022-01-14 11:58 am By Cat Fredenburgh

The ACCC will seek a higher penalty against Employsure over misleading Google advertisements, after a judge found the consumer regulator’s proposed $5 million penalty was inappropriate and instead ordered the specialist workplace relations consultancy to pay $1 million.

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Top 10 class action settlements of 2021
Alan Shearer 2022-01-10 7:52 am By Bianca Hrovat

Class action settlement totals skyrocketed to over $900 million last year, and one law firm negotiated the lion’s share, with $672 million in settlements under its belt.

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High Court shuns Apple’s last shot at shipping Epic Games dispute to US
Appeals 2021-12-02 2:26 pm By Cat Fredenburgh

Apple has reached the end of the line in its attempts to move a competition dispute with Fortnite game maker Epic Games to California, with the High Court denying the tech company’s special leave application to appeal a judgment that found there were “strong reasons” for keeping the matter in Australia.

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