Customers of mortgage lending and investment firm RMBL say they were “shocked” when the company’s chief financial officer allegedly called them to say “he hoped” they would opt out of an excessive fees class action that had been filed against the firm.
Rural supply giant Landmark’s has offered to sell three stores to win Australian Competition and Consumer Commission approval for its proposed $469 million takeover of competitor Ruralco, a move that would consolidate two of the three largest players in the rural merchandise market.
The Australian Competition and Consumer Commission has appealed a Federal Court judgment tossing its consumer case against Kimberly-Clark over “flushable” wipes.
The government has thrown its weight behind the Australian Competition and Consumer Commission’s call for checking the power of Facebook and Google, in a long-awaited final report that recommends a sweep of measures to crack down on the digital giants, and extend well beyond them.
A court has stayed a case against global lithium miner Galaxy Resources after finding that an insurance policy by the plaintiff’s funder and an associated undertaking and deed of indemnity were insufficient to cover security for costs.
The competition watchdog has signed off on a proposed merger of AP Eagers and Automotive Holdings Group, Australia’s two biggest auto retailers, on the condition that AP Eagers divest two new car dealerships.
The Australian Competition and Consumer Commission has expressed competition concerns about ANZ Terminals’ proposed acquisition of a unit of global agribusiness GrainCorp, despite the storage specialist offering to divest one of its terminals to win approval for the $350 million deal.
The Australian Competition and Consumer Commission has brought legal action against debt collector Panthera Finance for alleged harassment, six months after the watchdog secured a $750,000 fine against Australia’s largest debt collector.
The lead applicant in a class action against Radio Rentals wants access to correspondence relating to the appliance leasing company’s insurance coverage with AIG Australia, saying the documents might contain admissions relevant to its case over the company’s allegedly misleading ‘Rent, Try, $1 Buy’ program.
Mylan has launched a lawsuit against Cipla for allegedly copying the get-up of its blockbuster cholesterol drug Lipidil, after losing a bid to block Cipla and Sun Pharma from selling generic versions of the drug while it appeals a ruling invalidating several claims of its patents.