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In class action appeal, Ford says it’s not on hook for damages for fixed cars
ACCC 2021-12-22 3:44 pm By Miklos Bolza Sydney

Ford has challenged its loss in a class action over its allegedly defective PowerShift transmissions, arguing group members who have had their cars repaired are not entitled to damages.

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Insurer Vero may be dragged into combustible cladding class action
Class Actions 2021-12-22 2:40 pm By Cat Fredenburgh Melbourne

The applicant in a class action against Fairview Architectural over allegedly combustible cladding is add insurer Vero Insurance as a respondent, after revealing the cladding manufacturer may have $190 million in insurance to cover the class action’s claims.

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Ford hit with penalty over Mustang Mach 1 performance claims
ACCC 2021-12-21 4:55 pm By Miklos Bolza Sydney

US car giant Ford Motor has copped a $53,000 penalty for allegedly misleading consumers about the performance features of its pricey Mustang Mach 1 sports car.

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Under ACCC scrutiny, IVF provider Virtus drops $45M Adora acquisition
Caryn Van Proctor 2021-12-17 3:52 pm By Christine Caulfield Melbourne

IVF company Virtus Health has withdrawn its offer to acquire rival Adora Fertility from Healius, citing the competition regulator’s opposition to the takeover.

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IP holding company in dispute with Apple wins case over biosecurity patents
Apple 2021-12-17 3:30 pm By Cindy Cameronne Sydney

A patent holding company has won its legal dispute with a rival over biometric security patents the subject of an infringement case against Apple.

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Victorian aged care facilities can’t declass claims in COVID-19 class actions
Andrew Broadfoot 2021-12-16 7:53 pm By Bianca Hrovat Sydney

Victorian aged care homes accused of “major failures” during the first wave of the COVID-19 pandemic have lost their bid to declass claims of neglect brought in two class actions on behalf of residents and their grieving families.

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ACCC clears Woodside’s $41B takeover of BHP unit
ACCC 2021-12-16 5:51 pm By Cindy Cameronne Sydney

The Australian Competition and Consumer Commission has will not oppose Woodside Petroleum’s $41 billion acquisition of BHP Petroleum International, saying the oil and gas giant would have no incentive to reduce domestic gas supply.

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ASIC accuses former ANZ unit of overcharging super members $4M
ANZ 2021-12-15 12:26 pm By Bianca Hrovat Sydney

Former ANZ super fund subsidiary OnePath overcharged more than $4 million in superannuation fees, according to regulatory action launched by the Australian Securities and Investments Commission on Tuesday.

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Gilbert + Tobin partner to become first woman to hold ACCC’s top post
ACCC 2021-12-14 1:45 pm By Bianca Hrovat Sydney

Gilbert + Tobin senior partner Gina Cass-Gottlieb has been nominated to become the first female chair of the Australian Competition and Consumer Commission.

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GM facing $9M dealer lawsuit over decision to retire Holden brand
ACCC 2021-12-14 12:49 pm By Bianca Hrovat Sydney

General Motors is facing a lawsuit by a Holden car dealer who allegedly suffered up to $9.26 million in financial loss following the car maker’s decision to pull the iconic brand in Australia.

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