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ACCC sues Optus for pressuring customers to move to NBN
Competition & Consumer Protection 2017-12-15 9:09 pm By Cat Fredenburgh Melbourne

Optus has been sued for allegedly pressuring customers to move to the National Broadband Network before they needed to make the switch.

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Tabcorp’s $11B merger with Tatts gets thumbs up, again
Competition & Consumer Protection 2017-11-17 10:03 pm By Cat Fredenburgh Melbourne

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.

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BrisConnections settles $2.2B case over collapse
Competition & Consumer Protection 2017-11-15 1:15 pm By Cat Fredenburgh Melbourne

BrisConnections’ receiver PPB Advisory has settled its $2.2 billion lawsuit against engineering consultant Arup, a court was told Monday.

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ACCC gets second bite in Apple case
Clayton Utz 2017-11-14 9:42 pm By Christine Caulfield Melbourne

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.

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Toyota faces first Takata airbag class action in Australia
Competition & Consumer Protection 2017-11-14 9:09 pm By Cat Fredenburgh Melbourne

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.

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Medibank ‘disappointed’ that ACCC is appealing case, CEO says
Article 2017-11-13 9:41 pm By Christine Caulfield Melbourne

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.

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ACCC to get tougher on contracts that hurt small biz, lawyers warn
Analysis 2017-11-13 2:31 pm By Christine Caulfield Melbourne

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.

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Judge OKs $100M in rate-rigging settlements
Allens 2017-11-10 10:58 pm By Cat Fredenburgh Melbourne

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.

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ACCC wins first penalty under new franchising code
Competition & Consumer Protection 2017-11-10 10:57 pm By Christine Caulfield Melbourne

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.

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Meriton tried to thwart bad TripAdvisor reviews, judge says
Competition & Consumer Protection 2017-11-10 10:01 pm By Cat Fredenburgh Melbourne

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.

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