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.
Optus has been sued for allegedly pressuring customers to move to the National Broadband Network before they needed to make the switch.
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’ receiver PPB Advisory has settled its $2.2 billion lawsuit against engineering consultant Arup, a court was told Monday.
A judge has given the Australian Competition and Consumer Commission a chance to amend its case against Apple alleging iPhone and iPad users were misled about their rights to have faulty devices repaired free of charge.
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.
Medibank CEO Craig Drummond said Monday the private health insurer was “disappointed” that the ACCC was appealing its loss in a consumer case accusing the insurer of unconscionable conduct in advising members about coverage limits.
It warned offenders, and then it won its first case. Now with the one-year anniversary of laws protecting small businesses from unfair contracts ticking over, expect the consumer regulator to take no prisoners, lawyers say.
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.
The Australian consumer regulator has secured its first penalty in a case brought under the new Franchising Code of Conduct, with a court ordering Pastacup franchisor Morild to pay $100,000 for breaching the code.