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Retail Food Group acted unconscionably in dealings with franchisees, ACCC claims
ACCC 2020-12-15 3:56 pm By Cat Fredenburgh Melbourne

The Australian Competition and Consumer Commission has taken franchise giant Retail Food Group to court for allegedly misleading purchasers of loss-making franchises about the profitability or viability of its stores.

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‘We have to get this case moving’: Judge orders indictment be filed in ANZ cartel case
ACCC 2020-12-15 12:43 pm By Cat Fredenburgh Melbourne

The Federal Court judge who is now overseeing a high stakes criminal cartel case against several investment banks and individuals over a $2.5 billion ANZ share placement has ordered that an indictment be filed by February 1, telling the parties “we have to get this case moving” and that he hoped to move the matter to trial “before we all retire”.

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Judge wants to avoid ‘behemoth’ trial in $500M combustible cladding class action
Amelia Smith 2020-12-14 2:38 pm By Spencer Fowler Steen Melbourne

A judge overseeing two class actions over allegedly flammable combustible cladding used in buildings throughout Australia says he will likely keep the trials separate to avoid a ‘behemoth’ hearing.

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Reckitt’s ‘weak’ case dooms bid to kill Raid Max ads
Addisons 2020-12-14 1:16 pm By Christine Caulfield Sydney

A judge has dismissed an attempt by a Reckitt Benckiser unit to block Raid insect spray ads by rival SC Johnson , saying the consumer goods giant had a “weak” prima facie  case based on “excessively literal and strained” interpretations of the ads.

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Crown Resorts hit with class action over money laundering compliance
AUSTRAC 2020-12-14 12:01 pm By Cat Fredenburgh Melbourne

Maurice Blackburn has hit Crown Resorts with a shareholder class action alleging the casino giant had lax anti-money laundering compliance systems in place over  a six-year period.

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Designer drops ‘ill-advised’ lawsuit over bikini style trade mark
Actuate Legal 2020-12-10 9:57 pm By Cat Fredenburgh Melbourne

Women’s fashion designer Pinnacle Runway has cut its losses and dropped its challenge to a ruling that found a rival’s use of the name ‘Delphine’ to describe a bikini style did not constitute trade mark infringement, after a judge hit the company with indemnity costs for pursuing the ‘ill-advised’ lawsuit.

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NSW can’t shield docs in ACCC competition case over ports privatisation
ACCC 2020-12-09 5:19 pm By Miklos Bolza Sydney

The NSW government cannot assert public immunity over cabinet documents sought in a case brought by the ACCC over an allegedly anti-competitive agreement for the privatisation of Port Botany and Port Kembla.

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Government to introduce legislation requiring Google, Facebook to pay for news
ACCC 2020-12-08 10:10 pm By Cat Fredenburgh Melbourne

The Federal government will introduce legislation on Wednesday that will require Google and Facebook to pay news publishers to exploit their content and give them a heads up of major changes to search algorithms.

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Prosecutors want former BlueScope exec to go to jail for obstructing cartel investigation
ACCC 2020-12-08 6:03 pm By Miklos Bolza Sydney

Crown prosecutors are arguing a former BlueScope executive who has pleaded guilty to obstructing an ACCC price fixing investigation should face jail time for the “objectively serious” conduct.

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Banks plead not guilty as ANZ cartel case heads to trial in Federal Court
ACCC 2020-12-08 3:50 pm By Miklos Bolza Sydney

Three banks have been committed to stand trial after pleading not guilty to criminal charges stemming from an alleged cartel agreement reached in a $2.5 billion ANZ share placement, with the closely watched case now moving to the Federal Court two-and-a-half years after it was filed.

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