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The ACCC rejected a $3 million settlement offer in a high-profile case against the Construction, Forestry, Mining, and Energy Union over secondary boycotts, instead taking its chances in a trial that ultimately resulted in a penalty of just $1 million, according to a judgment published Friday.
The former chief executive of Australian Bight Abalone has been sentenced to three-and-a-half years in jail for making misleading statements to board members and potential investors about the company's abalone farming operation.
Supermarket chain Aldi and the Transport Workers Union will sit down for talks in a bid to resolve a lawsuit brought by Aldi accusing the union of misleading conduct through press releases and other statements that claimed the company risked driver safety.
Fitbit has agreed to settle with the ACCC after misleading customers about their guarantee rights under the Australian Consumer Law, another win for the regulator as its fights a recent court ruling over the extent of companies’ obligations to disclose remedies available under the law.
MYOB has decided to drop its bid to acquire Reckon's accounting unit due to the ACCC's extended regulatory review of the tie-up.
Mobile advertising startup Unlockd won a temporary injunction from the Federal Court Thursday barring Google from blocking its app in Australia until further hearing, in the first case to test revamped misuse of market power laws.
The US Department of Justice has secured its largest ever merger divestiture, with Bayer AG agreeing to sell $US9 billion in assets to BASF to win approval of its $US66 billion Monsanto acquisition, a deal that goes far beyond what the regulator's counterparts in Australia and the European Union required.
Kmart CEO Guy Russo gave false assurances that the department store had revamped designs for a line of cargo pants and shorts after being warned that it was infringing on the copyright of workwear brand FXD, a new suit alleges.
Australians who didn't get security patrols they paid for will be refunded $740,000 under a settlement reached between Wilson Security and the Australian Competition and Consumer Commission.
A Federal Court judge has granted Chinese restaurant chain Tim Ho Wan's bid for a temporary injunction in a dispute over trademark rights assigned through a franchise agreement.