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Roof tiling companies, directors cop $420,000 penalty in ACCC cartel case
ACCC 2022-09-14 2:32 pm By Cindy Cameronne Sydney

A judge has ordered two Sydney roof tiling businesses and their directors to pay a total of $420,000 in penalties after making admissions in proceedings brought by the Australian Competition and Consumer Commission alleging they rigged bids for construction at the University of Sydney.

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Aveo class action members facing novel funding order protected by court, judge says
Arnold Bloch Leibler 2022-09-13 12:31 pm By Cindy Cameronne Sydney

A judge has approved an opt-out notice in a class action against retirement home provider Aveo Group that advises of a proposed application for a controversial funding order that would put a lien on some group members homes.

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Scenic Cruises ordered to pay $10M to passengers forced to take the bus
Celia Winnett 2022-09-12 10:22 pm By Sam Matthews Melbourne

A judge has ordered Scenic Cruises to pay just over $10 million to travellers who were promised a “once in a lifetime cruise along the grand waterways of Europe” but were instead forced to take the bus from city to city.

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ACCC appeals ruling on Retail Food Group sample stores
ACCC 2022-09-09 12:23 pm By Cat Fredenburgh

The Australian Competition and Consumer Commission has appealed a judgment that found its case alleging Retail Foods Group misled franchisees should be run using a sample of stores.

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Meta can’t keep ACCC case over scam crypto ads under wraps
ACCC 2022-09-09 12:20 pm By Cindy Cameronne Sydney

Facebook-owner Meta has lost its bid for broad non-publication orders in its battle with the ACCC over material it says could prejudice jury members in criminal proceedings by mining magnate Andrew Forrest. 

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Dye & Durham wins ACCC blessing for $2.9B Link acquisition
Competition & Consumer Protection 2022-09-08 11:20 pm By Christine Caulfield

Software company Dye & Durham has secured the approval of the competition regulator for its proposed acquisition of technology services provider Link Group under the condition it sell its Australian business.

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Retail Food Group tries to shut down franchisee class action
Arnold Bloch Leibler 2022-09-08 10:19 pm By Cat Fredenburgh

Retail Food Group wants to shut down a class action brought on behalf of current and 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.

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Cartel case dropped against director of money transfer biz
Astrid Haban-Beer 2022-09-08 11:05 am By Sam Matthews

The director of a money transfer business accused of fixing foreign exchange rates has been let off the hook after four other people associated with the business entered guilty pleas to six charges of criminal cartel conduct. 

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Apollo offers divestiture to win ACCC approval for THL acquisition
ACCC 2022-09-06 11:16 pm By Cat Fredenburgh Melbourne

Campervan company Apollo has offered to divest 80 per cent of its motorhome rental fleet in Australia to win ACCC approval for its tie-up with New Zealand competitor THL.

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Drug ingredient maker Alkaloids faces $30M penalty for ‘actively policing’ cartel
Ashurst 2022-09-05 11:32 pm By Cindy Cameronne Sydney

Pharmaceutical ingredient producer Alkaloids of Australia is facing a maximum $30 million penalty but has argued it should pay less than $1 million after pleading guilty to cartel conduct over the supply of a key chemical found in generic stomach cramp drugs.

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