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‘Disappointed’ ACCC won’t challenge ruling on $15B Vodafone, TPG merger
The Australian Competition and Consumer Commission says it has no grounds to challenge a ruling that found the $15 billion merger of Vodafone with telecommunications rival TPG would not substantially lessen competition.
No duty of care owed to Centrelink recipients, gov’t says in Robodebt class action defence
Defending against a $300 million class action brought by Centrelink recipients over its Robodebt scheme, the Federal Government has told a court it did not owe a duty of care to people receiving benefits.
Judge clears $15B Vodafone, TPG deal in latest merger challenge loss for ACCC
Vodafone has won its case against the ACCC over its proposed merger with rival telecommunications company TPG, with a judge ruling the tie-up would not substantially lessen competition and had a real chance of becoming a "competitive force" against the two dominant players in the market, Telstra and Optus.
Bail conditions set in obstruction case against former BlueScope exec
Bail conditions have been set for a former BlueScope Steel executive charged with obstructing an Australian Competition and Consumer Commission criminal cartel probe into the steel company, the first criminal charges ever brought against an individual in relation to an ACCC investigation.
ACCC’s cartel case against BlueScope years in the making, court told
The competition regulator has been probing alleged cartel conduct by steel giant Bluescope for a number of years, counsel for the company told a court Friday as it sought transcripts of the watchdog's compulsory interviews of witnesses and asked for five months to put on a defence.
Pirate fund files $6.3M lawsuit against stock exchange over suspension
An investment fund named after a 17th-century pirate has hit the National Stock Exchange with a $6.3 million lawsuit over a suspension decision it calls "capricious" and a violation of the NSX's terms.
TPG founder’s evidence means ‘anything can happen’, says judge hearing Vodafone merger battle
The judge overseeing Vodafone’s court battle with the competition regulator over a proposed merger with TPG questioned TPG founder David Teoh when the billionaire boss told a courtroom Thursday mobile technology was rapidly evolving, a remark seemingly at odds with the teleco’s claim that it had no viable option in the next five years for resuming a stalled network rollout.
TPG’s media-shy boss David Teoh fronts court in battle with ACCC over Vodafone merger
The reclusive head of TPG Telecom, David Teoh, faced the spotlight on Wednesday to give evidence in a case over the company's planned $15 billion merger with Vodafone, telling a court under questioning that his company had not budgeted for a 5G network when it first made plans to enter the retail mobile network market.
ACCC’s decision to block Vodafone, TPG merger ‘chock full of speculation’, court hears
The competition regulator's opposition to the proposed $15 billion merger of telecommunications companies Vodafone and TPG was based on "mere possibilities" and was "chock full of speculation", the Federal Court heard Tuesday.
Stock exchange must hand over docs after investment firm’s suspension
A judge has given the all-clear to an investment management company to access evidence for potential legal action against the National Stock Exchange of Australia after the firm's shares were suspended without warning or explanation.