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ACCC lays new turf with first standalone concerted practices enforcement outcome
Article 2022-11-24 10:05 pm By WP Creative

The ACCC has secured its first enforcement outcome related solely to the concerted practices provisions of the competition law, in a case that shows the watchdog is willing to take action to prevent what it sees as anti-competitive practices that include sharing sensitive price information, write Gilbert + Tobin’s Jeremy Jose, Sarah Lynch and Katie Latham.

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Court tosses Equivac horse vaccine class action against Zoetis
Christopher Barry 2022-11-23 12:23 pm By Sam Matthews Melbourne

A judge has dismissed a class action brought against animal health giant Zoetis over alleged side effects resulting from its Hendra virus horse vaccine, finding there were “too many uncertainties” in the applicant’s evidence.

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Law firms ordered to join forces in Blue Sky, EY class action
Banton Group 2022-11-23 10:29 pm By Cindy Cameronne Sydney

A judge has ordered two law firms that filed competing shareholder class actions against failed Blue Sky Alternative Investments and auditor EY to team up to run a consolidated proceeding, despite opposition by one firm.

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Judge doubts law firm gave ‘full and frank advice’ on fees in Drake’s class action
Adero Law 2022-11-23 11:08 pm By Sam Matthews Melbourne

Keeping up her scrutiny of fee disclosures by Adero Law in employment class actions launched in her court, a judge has questioned whether the law firm breached its fiduciary duty to the lead applicant in litigation against Drakes Supermarkets.

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$1M penalty against NQ Cranes over cartel agreement gets court’s OK
ACCC 2022-11-23 5:20 pm By Cat Fredenburgh

A judge has approved a $1 million penalty against Queensland crane company NQ Cranes for engaging in a conspiracy with a multinational rival to divide the Brisbane and Newcastle markets.

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Class action targets Mercedes-Benz over diesel emissions cheating
Automotive 2022-11-22 8:58 am By Christine Caulfield

Mercedes-Benz is the latest car maker to face a class action in Australia over alleged defeat devices designed to manipulate the results of regulatory diesel emissions testing.

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PwC partner sued over alleged involvement in husband’s $3.3M fraud scheme
Advertising 2022-11-22 10:02 pm By Sam Matthews

A PricewaterhouseCoopers partner has been taken to court over her alleged involvement in a $3.3 million scheme to defraud her husband’s employer to bankroll the couple’s lavish lifestyle, which included a $200,000 Porsche and extensive renovations to their Sydney home.

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Class action woes mount for Toyota unit Hino over emissions cheating
Automotive 2022-11-22 9:29 am By Christine Caulfield

Already facing one Australian class action for cheating on diesel emissions tests, Toyota unit Hino is the subject of a fresh class action probe announced Tuesday.

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Westpac opposes ‘premature’ notice of $126M class action settlement
Allens 2022-11-22 2:19 pm By Sam Matthews Melbourne

Westpac has objected to several proposed notices going out to group members in a class action over ‘junk’ consumer credit insurance, which three of the Big Four banks have agreed to pay $126 million to settle.

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ASIC calls for $7.5M penalty against defunct funeral insurer that ‘preyed’ on First Nations people
ASIC 2022-11-22 10:45 pm By Cindy Cameronne Sydney

ASIC is seeking $7.5 million in penalties against failed ACBF Funeral Plans and parent company Youpla Group for misrepresenting to customers that it was Indigenous-owned and falsely claiming that its products were specifically beneficial to First Nations people.

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