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Domino’s Pizza wants class action claims struck out, but judge not biting yet
Class Actions 2019-08-22 9:49 pm By Christine Caulfield Melbourne

Arguing the pleadings are “evasive or ambiguous”, Domino’s Pizza has made a bid to strike out the statement of claim filed in a class action alleging franchisees underpaid thousands of workers across Australia for five years.

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Full Federal Court may weigh validity of NAB ‘junk’ insurance class action
Class Actions 2019-08-22 8:17 pm By Amelia Birnie Sydney

A class action against National Australia Bank over allegedly worthless consumer credit insurance could be referred to the Full Federal Court just three months out from trial, amid concerns that the class action was not validly commenced.

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Radio Rentals applicants fear prejudice if settlement talks break down
ASIC 2019-08-22 3:45 pm By Amelia Birnie

The applicants in the Radio Rentals “Rent, Try $1 Buy” class action have flagged the potential for prejudice caused by the respondents’ late evidence, with concerns about their capacity to be ready by the looming trial date if ongoing settlement negotiations hit a dead-end.

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ACCC waves $469M Landmark, Ruralco deal through
Article 2019-08-22 3:37 pm By Cat Fredenburgh

The ACCC won’t stand in the way of rural supply giant Landmark’s proposed $469 million takeover of competitor Ruralco, with the competition regulator saying the importance of customer relationships would leave room for independent retailers to compete.

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NSW dragged into ACCC’s competition case over ports deal
Allens 2019-08-22 1:59 pm By Cat Fredenburgh Melbourne

The ACCC has reversed course, naming the state of New South Wales in its lawsuit over an allegedly anti-competitive agreement for the privatisation of Port Botany and Port Kembla after previously saying the law did not apply to the state.

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Case against NSW Ports docked while ACCC matter sails on
Competition & Consumer Protection 2019-08-19 9:55 pm By Cat Fredenburgh Melbourne

A competition lawsuit brought against NSW Ports has been stayed while a similar case brought by the competition regulator over an allegedly anti-competitive agreement to privatise Port Botany and Port Kembla moves forward.

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ACCC raises concerns over Emergent, Oxford cold storage deal
Competition & Consumer Protection 2019-08-15 10:46 pm By Christine Caulfield Melbourne

US cold storage giant Emergent Cold’s proposed takeover of rival Australian company AB Oxford faces scrutiny by the competition regulator, which has raised preliminary concerns that the deal would hike up prices and bring down service.

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Barclays, other banks in forex cartel class action must produce US case docs
Allen & Overy 2019-08-15 3:36 pm By Christine Caulfield Melbourne

A judge has ordered a group of banks facing a competition class action over alleged foreign exchange rate-rigging to hand over documents they produced as part of settlement agreements in class actions in the US and Canada.

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Europcar fined $350,000 after admitting to excessive credit card fees
Competition & Consumer Protection 2019-08-14 3:35 pm By Amelia Birnie Sydney

Global car rental company Europcar has been ordered to pay $350,000 in penalties, after admitting it charged more than 60,0000 customers excessive fees on Visa and Mastercard transactions.

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ACCC says five landmark cases against Google, Facebook ‘well advanced’
Competition & Consumer Protection 2019-08-13 9:41 pm By Christine Caulfield Melbourne

The Australian Competition and Consumer Commission is preparing to launch five ground-breaking court cases against internet behemoths Google and Facebook, the regulator’s chair, Rod Sims, said Tuesday.

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