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Global agreement will boost ACCC investigations into Google, Facebook
The Australian Competition and Consumer Commission has signed an information sharing agreement with four competition regulators around the globe that will boost its current and future investigations into Google and Facebook.
Ex-BlueScope exec pleads guilty to obstructing cartel investigation
A former executive of BlueScope Steel has pleaded guilty to obstructing an Australian Competition and Consumer Commission price fixing investigation, in the first criminal charges ever brought against an individual in relation to an ACCC probe.
Thomson Geer completes fourth raid in pursuit of big firm status
Just weeks after raids on DLA Piper and Macpherson Kelley, Thomson Geer has announced its fourth acquisition of the year, poaching a specialist tech law team from Russell Kennedy, as the firm pushes forward with plans to become one of the country’s top firms.
ASIC won’t take action against Commonwealth Bank over AUSTRAC matter
The Australian Securities and Investment Commission will not take action against the Commonwealth Bank of Australia or any of its directors of officers in relation to AUSTRAC proceedings the bank agreed to settle for $700 million in 2018.
Class action crackdown spurs rush to the courthouse
Eight law firms made it to the courthouse door just under the wire last week, filing class actions on the eve of regulations that will require funders to register their class actions as managed investment schemes.
$1.9M Appco class action settlement to provide ‘limited’ recovery for charity workers
A $65 million sham contracting class action against fundraising company Appco has settled for just $1.9 million, leaving the company's allegedly underpaid army of sales staff with "limited" recoveries of between $770 and $2,320.
Australian Olympic Committee, beer maker lay down arms in IP dispute
The Australian Olympic Committee has settled litigation brought against a local microbrewery for allegedly violating its intellectual property by featuring the AOC coat of arms on its products and packaging without permission.
Dan Murphy’s, BWS may face underpayments class action
Woolworths-owned liquor store chains BWS and Dan Murphy's are facing a class action investigation for allegedly underpaying staff.
Commonwealth Bank hit with class action over insurance ‘rort’
The Commonwealth Bank of Australia has been hit with another class action for allegedly pushing insurance policies with excessive premiums onto customers.
Directed Electronics seeks $18M from Isuzu for alleged contract, copyright breaches
Australian auto electronics company Directed Electronics is seeking at least $18 million from truck company Isuzu for allegedly breaching a contract for the supply of a new audio visual unit and aiding a former employee's alleged theft of company information.