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Virtus ‘author of its own fate’ if Adora acquisition fails, judge says
ACCC 2021-10-19 9:30 pm By Cindy Cameronne Sydney

IVF provider Virtus Health would be “the author of its own fate” if its proposed acquisition of rival Adora Fertility flopped, a judge has said in hearing the ACCC’s bid for a temporary injunction blocking completion of the planned purchase.

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‘BS free’ makeup brand MCoBeauty accused of lying to consumers
Competition & Consumer Protection 2021-10-19 2:45 pm By Bianca Hrovat Sydney

The manufacturer of the popular 1000Hour Lash & Brow Dye has accused “luxe-for-less” cosmetics company MCoBeauty of infringing its trade mark with its new 2000 Hour Lash & Brow Tint and misrepresenting to consumers that the product lasts twice as long.

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Class action firms circle Star following $1B share price plunge
Class Actions 2021-10-18 1:05 pm By Cat Fredenburgh Melbourne

Star Entertainment Group is facing two possible shareholder class actions over alleged failures in the management of its anti-money laundering and counterterrorism financing risks.

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ACCC seeks $90M penalty for Trivago’s ‘startlingly misleading’ hotel deals
ACCC 2021-10-18 4:38 pm By Bianca Hrovat Sydney

The Australian Competition and Consumer Commission is seeking a $90 million penalty against Trivago for the “startlingly misleading” ranking system used on its travel price comparison website.

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Seven Network sues 7-Eleven in escalating trade mark feud
7-Eleven 2021-10-15 3:37 pm By Bianca Hrovat Sydney

Seven Network is seeking to remove several trade marks and logos registered to 7-Eleven, in a lawsuit filed just three months after the convenience store won its bid to have the broadcaster’s ‘7NOW’ mark removed.

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ACCC’s approval of BPAY, Eftpos, New Payments Platform merger faces challenge
ACCC 2021-10-15 9:16 pm By Miklos Bolza Sydney

A challenge to the ACCC’s approval of the merger of major payment platforms BPAY, Eftpos and New Payments Platform Australia has been challenged by a Sydney-based fintech, which has accused NPPA of patent infringement.

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Companies ‘contemptuous’ of merger review rules, ACCC chair says
ACCC 2021-10-15 2:28 pm By Cindy Cameronne Sydney

ACCC chair Rod Sims has spoken out about the move by IVF provider Virtus to complete its planned acquisition of rival Adora before clearance from the watchdog, saying the situation showed the need for merger review reform.

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ACCC wins temporary halt to Virtus’ acquisition of Adora
ACCC 2021-10-14 7:02 pm By Cat Fredenburgh Melbourne

The ACCC has won an interim injunction blocking IVF provider Virtus Health from completing its purchase of rival Adora Fertility on Friday.

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ACCC wants urgent injunction to block Virtus’ acquisition of Adora
ACCC 2021-10-13 10:33 pm By Christine Caulfield Melbourne

The competition regulator has filed court action seeking an injunction to stop Virtus Health from completing the purchase of rival Adora Fertility on Friday while a merger review is still in progress.

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Google says its bid to stay Epic Games lawsuit not the same as Apple’s
Chester Brown 2021-10-13 8:35 pm By Miklos Bolza Sydney

Google has urged a court to stay a competition lawsuit brought by Epic Games, saying new evidence showed the Fortnite game maker would not be disadvantaged if the case was heard in California, as the Full Court found it would in a similar challenge by Apple.

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