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ACCC will not oppose Woolworths’ planned $552M investment in PFD
ACCC 2021-06-10 3:53 pm By Christine Caulfield Melbourne

The ACCC has cleared Woolworths’ planned $552 million acquisition of a 65 per cent stake in wholesale food distributor PFD Food Services without the supermarket giant’s proposed undertaking to maintain independence between the company for three years.

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Volkswagen asks High Court to toss landmark $125M Dieselgate penalty
ACCC 2021-06-10 2:56 pm By Cat Fredenburgh Melbourne

Volkswagen has asked the High Court to throw out a a landmark $125 million penalty over its emissions cheating scandal, the highest ever handed down in Australia for consumer law violations.

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Icon, structural engineer WSP added as defendants in Opal Tower class action
Alexander Barnett 2021-06-10 1:10 pm By Miklos Bolza Sydney

Opal Tower builder Icon and structural engineer WSP Structures have been joined as defendants in a class action brought by property owners, who have also added a slew of consumer law claims to the complex proceedings.

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Full Court warned sending Epic Games lawsuit against Apple to California would have ‘chilling effect’
ACCC 2021-06-09 4:41 pm By Miklos Bolza Sydney

Video game developer Epic Games has asked the Full Federal Court to overturn an “illogical” decision sending its competition lawsuit against Apple to California, saying the move would have a “chilling effect” on the enforcement of Australia’s competition laws.

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Mike Tyson sues Culture Kings over ‘misleading’ T-shirts
Competition & Consumer Protection 2021-06-09 4:14 pm By Cat Fredenburgh Melbourne

Boxing champion Mike Tyson has sued Australian streetwear company Culture Kings for allegedly selling ‘misleading’ T-shirts featuring his image.

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Jury finds Country Care not guilty in first criminal cartel case against Australian biz
Competition & Consumer Protection 2021-06-02 3:00 pm By Christine Caulfield Melbourne

The ACCC has suffered a stinging defeat in its criminal cartel action against mobility equipment provider Country Care, its CEO and a former employee, with a jury handing down not guilty verdicts on all eight charges in the case.

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Dodo, iPrimus hit with $2.5M penalty over broadband speed claims
ACCC 2021-06-02 11:47 am By Christine Caulfield Melbourne

Telecommunications companies Dodo and iPrimus must pay $2.5 million in penalties for making misleading claims about their NBN broadband speeds, a court has ruled.

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JPMorgan tries to shield ASIC settlement negotiations in ANZ cartel case
ACCC 2021-06-01 4:09 pm By Miklos Bolza Sydney

JPMorgan is fighting to keep details of failed settlement talks with ASIC under wraps in criminal cartel proceedings over a $2.5 billion ANZ share placement, as ANZ seeks to uncover whether the corporate regulator made a deal with the investment bank ahead of the cartel case being filed.

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‘So much argued over so little’: Judge rejects law firm’s bid for indemnity costs in Fearless Girl case
Colin Golvan 2021-05-31 11:13 pm By Cat Fredenburgh Melbourne

Maurice Blackburn has lost its bid for indemnity costs after defeating a consumer and intellectual property lawsuit brought against it by US financial services giant State Street Global Advisors for displaying a replica of the famous Fearless Girl statue.

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Freedom Foods loses second bid to have $20M Blue Diamond feud heard in Australia
Albert Dinelli 2021-05-28 11:02 pm By Christine Caulfield Melbourne

Freedom Foods’ dispute with Blue Diamond Growers over an almond licensing deal will be heard by an arbitrator in California after an appeals court rejected the company’s plea for an Australian judge to determine the case.

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