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An appeals court has ruled grocery giant Coles is entitled to a reduction in a $688,000 personal injury judgment against it because the individual that brought the suit was on his phone at the time of the slip-and-fall incident.
The corporate watchdog is planning to launch legal action soon over the banking industry's fees for no service, and expects to secure $1 billion in compensation for customers, the Royal Commission heard Friday.
The Full Federal Court will hear arguments next week in an appeal by the ACCC over an alleged laundry detergent cartel, the first so-called hub and spoke case brought by the competition regulator.
The ACCC will decide by November 8 whether the proposed merger of Nine Entertainment with Fairfax Media raises competition concerns.
The applicant in a consumer class action against Radio Rentals has lost her bid for interrogatories which an attorney for the class said could lend support to claims that the company's "strange" lease contracts were structured to avoid its obligations under the Uniform Consumer Credit Code.
A ruling that valued land snatched by the New South Wales government to make way for the massive WestConnex highway at $23 million is invalid because of a Commissioner's involvement in adjudicating the matter, an appeals court has found.
The judge overseeing the competition lawsuit brought by the ACCC over Aurizon's proposed sale of its Queensland intermodal business to Pacific National has denied the regulator's bid for an injunction against Pacific, saying it amounted to micro-managing that could discourage "normal competitive behaviour".
Westpac admits that it violated the Corporations Act by awarding high performance marks to a financial adviser whose work was flagged for compliance concerns during several internal reviews.
Chain logistics company Brambles is facing a second class action alleging it breached its continuous disclosure obligations by failing to revise its overly rosy 2017 financial forecast on several occasions.
A claim for damages by Optus over Telstra's 'Unlimited' ad campaign, which was found to be misleading and deceptive, appears to have been resolved by the rivals out of court.