The Australian Competition and Consumer Commission is currently “not satisfied” that the public benefits from allowing Virgin and Alliance to continue to cooperate in markets for fly-in fly-out customers will outweigh its competition concerns.
The ACCC has expressed concerns that Forestry Corporation of NSW’s proposed acquisition of Hume Forests could lead to price increases in regional areas by removing a significant competitor in the softwood market.
The former managing director and CEO of Bingo Industries has pleaded guilty to aiding and abetting the waste company in fixing prices for demolition waste services in Sydney.
Luxury car makers BMW and Mercedes-Benz are facing separate $100 million class actions over the alleged use of cheat devices on emissions tests.
Toyota Australia has been hit with a class action on behalf of up to half a million owners of diesel-powered vehicles which allegedly contain diesel ‘defeat devices’ that allowed the car manufacturer to cheat on emissions tests.
A judge has ordered timeshare company Ultiqa Lifestyle Promotions to pay a $900,000 penalty for cornering consumers into investing thousands in a timeshare scheme that many could not afford.
Retail Food Group has filed an application to shut down a class action by former franchisees of its Michel’s Patisserie chain who claim to have suffered losses stemming from changes to the franchise giant’s supply chain in 2015 and 2016.
Insurer QBE has settled a class action over ANZ’s sale of allegedly worthless add-on insurance, and the applicants are “hopeful” that the bank and two other named insurers will soon reach a deal to resolve the claims against them.
Scenic Tours has been hit with a second class action over a series of European cruises that went ahead in 2018 despite a record-breaking drought that saw river levels drop so low they became impassable.
Vocational education provider Box Hill Institute has agreed to pay $33 million to settle a class action by students who allege the diploma they obtained through the institute did not give them the knowledge or training needed to obtain a commercial pilot’s licence.