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ACCC’s rejection of $1.8B Telstra, TPG deal stands on appeal
Brendan Lim 2023-06-21 10:22 am By Cindy Cameronne

Telstra and TPG have lost their challenge to the ACCC’s decision refusing authorisation for a $1.8 billion regional network sharing agreement, with the Australian Competition Tribunal finding the deal would increase Telstra’s dominance in the mobile phone market. 

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Proctor & Gamble, Reckitt warned against ‘pointless wars’ in detergent dispute
Alastair Vincent 2023-06-19 2:21 pm By Gareth Baker

Consumer goods giants Proctor & Gamble and Reckitt Benckiser have been urged by a court not to bury their dispute over marketing of a dishwashing tablet product under a mountain of competing performance tests.

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$4.9B ANZ, Suncorp tie-up clears a hurdle with $25M commitment to Queensland
Competition & Consumer Protection 2023-06-16 11:33 pm By Cat Fredenburgh

The Queensland government has signed off on ANZ’s proposed $4.9 billion merger with Suncorp’s banking arm, after the company agreed to remain headquartered in Brisbane as a dedicated insurance company.

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Bid for security in Shine’s no win, no fee cruise class action may not be ‘hopeless’
Class Actions 2023-06-15 11:47 pm By Cat Fredenburgh

Shine Lawyers has been ordered to hand over its costs agreement with the lead applicant in a class action over norovirus outbreaks on Carnival’s Sun Princess cruise ship, amid a likely plan by the cruise operator to seek security for costs in the no win, no fee class action.

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AGL Energy accused of ‘gaming’ SA electricity market
Article 2023-06-15 11:18 pm By Cat Fredenburgh

A class action against AGL Energy alleges the Big three energy supplier’s adoption of “gaming” strategies in the supply of electricity in South Australia led to anomalous price spikes in the state.

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Full Court won’t weigh in on ASIC’s power to seek penalties for Credit Code violations
Appeals 2023-06-15 10:00 pm By Gareth Baker

Sunshine Loans has lost its bid to have the Full Court weigh in on ASIC’s authority to seek penalties for Credit Code violations, in proceedings accusing the online lender of charging over $320,000 in prohibited fees. 

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Facebook agrees to $20M penalty in ACCC case over data privacy app
ACCC 2023-06-14 11:37 pm By Gareth Baker

Facebook has agreed to pay a $20 million penalty for misleading consumers by representing that its discontinued Onavo Protect mobile app would keep users’ personal activity data private, when in fact it was being collected for commercial use.

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Armaguard, Prosegur merger wins clearance from ACCC with conditions
ACCC 2023-06-13 4:22 pm By Christine Caulfield

Armaguard and rival Prosegur have secured authorisation for their proposed merger from the ACCC, which has found the likely reduction in competition in the cash transport industry was outweighed by the public benefits of the transaction.

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Declassing orders must be ‘all or nothing’, court told in breast implants class action
Anthony McInerney 2023-06-08 11:25 pm By Cindy Cameronne

A declassing bid by nine doctors in a class action on behalf of women allegedly injured by a one-size-fits-all approach to breast implant surgeries must apply to the entire proceeding, not just the claims against them, a court has heard.

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Cruise class action wins $23M settlement from Scenic Tours the hard way
Andrew Jordan 2023-06-08 1:46 pm By Sam Matthews

Cruise operator Scenic Tours has agreed to settle a long-running class action with travellers who were promised a “once in a lifetime cruise along the grand waterways of Europe” but were instead forced to take the bus, after almost ten years of litigation that went all the way to the High Court.

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