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ACCC to probe Apple Pay restrictions on banks
ACCC 2021-09-13 2:26 pm By Bianca Hrovat

The Australian Competition and Consumer Commission is investigating competition concerns about Apple’s refusal to allow third party access to the near-field communication chip that allows iPhone users to make ‘tap and go’ payments through Apple Pay.

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ACCC says Qantas, Japan Airlines alliance could cause prices to soar
ACCC 2021-09-13 5:06 pm By Bianca Hrovat

A proposed alliance between Qantas and Japan Airlines has failed to take flight after the Australian Competition and Consumer Commission said the coordination of flights between Australia, New Zealand and Japan could cause ticket prices to soar.

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Halifax investors file Full Court appeal to boost recovery
Alec Leopold 2021-09-13 1:50 pm By Christine Caulfield

Approximately 1,000 investors of collapsed stockbroker Halifax Investment Services have challenged a court decision concerning the date of the realisation of their investments which decreased the amounts they could recoup from the company’s liquidation.

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WiseTech accused in freight forwarder’s lawsuit of misusing market power
Competition & Consumer Protection 2021-09-10 5:53 pm By Christine Caulfield

Freight forwarding company Mondiale has filed a lawsuit against Wisetech Global alleging the logistics software firm breached competition law by misusing its substantial market power.

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PwC partner kept on JBS brief to maintain privilege despite CFO’s unhappiness
Accounting 2021-09-10 9:16 pm By Cindy Cameronne

A PwC partner who the ATO claims was assigned to work on a matter for meat processing company JBS to bring a “cloak of legal privilege” kept a supporting role on the brief despite the company CFO’s dissatisfaction, a court has heard.

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Sacked lawyer told to settle or face complaint to legal watchdog, court hears
Business of Law 2021-09-10 11:22 pm By Christine Caulfield

A law firm may have exerted unfair or illegitimate pressure on a sacked solicitor when it told her to accept an offer to settle her adverse action case or risk referral to the legal watchdog, a judge has found.

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Lloyd’s denies ‘incomprehensible’ claims in COVID-19 business interruption class action
Christopher Withers 2021-09-10 3:21 pm By Miklos Bolza

Insurance giant Lloyd’s has rejected what it calls an “incomprehensible” class action pleading by Australian businesses that argue its business interruption policies should have indemnified them for losses stemming from COVID-19 lockdowns.

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Hog’s Breath Cafe says franchisees behind class action ‘crying poor’ to avoid security
Class Actions 2021-09-10 10:16 pm By Bianca Hrovat

Franchisees of Hog’s Breath Cafe restaurant chain have been accused of “crying poor” by claiming COVID-19 robbed their restaurants of the cash flow required to pay security for costs in a class action launched against master franchisor HBCA.

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Carnival can’t exclude overseas passengers from Ruby Princess class action
Amy Reid 2021-09-10 11:53 am By Miklos Bolza

Cruise operator Carnival has lost its bid to exclude US and UK passengers from a class action over the 2020 Ruby Princess COVID-19 outbreak, with a judge finding the Federal Court was not a “clearly inappropriate forum” to hear the dispute.

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Merck Sharp & Dohme appeals judgment tossing Januvia patent extension
Appeals 2021-09-10 6:04 pm By Miklos Bolza

Merck Sharp & Dohme is seeking to overturn a judgment refusing an extension of a patent covering its Januvia and Janumet diabetes drugs that would have seen the US drug maker of retaining a monopoly over the multibillion dollar medicines beyond July 2022.

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