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Apple CEO called App Store an ‘economic miracle’, court hears in Epic Games trial
Trials 2024-03-18 11:54 pm By Cindy Cameronne

Apple has made exceptional profits skimming a 30 per cent commission from sales on its app store, dubbed by the tech giant’s CEO an “economic […]

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ACCC won’t appeal loss in challenge to $4.9B ANZ, Suncorp merger
Competition & Consumer Protection 2024-03-05 9:52 pm By Cat Fredenburgh

The competition regulator will not appeal a tribunal ruling that set aside its decision to block the $4.9 billion merger between ANZ and Suncorp, but […]

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In Hutchinson, CFMEU boycott case, ACCC failed to prove more than ‘industrial muscle’ at work
Construction 2024-02-29 11:44 pm By Christine Caulfield

Builder J Hutchinson and the union for construction workers have successfully appealed a finding that they unlawfully agreed to boycott an independent subcontractor at a […]

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AGL Energy class action to be discontinued after search for new funder fails
Class Actions 2024-02-26 5:32 pm By Cat Fredenburgh

The applicant in a competition class action against AGL Energy has failed to find another funder to back the case after the original funder that […]

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Bingo, Aussie Skips hit with $33.5M in cartel penalties, CEOs get community service
Competition & Consumer Protection 2024-02-23 12:52 pm By Sam Matthews

A judge has sentenced the former CEO of Bingo Industries to two years’ imprisonment to be served in the community and imposed $30 million in […]

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ACCC faced ‘formidable obstacle’ in fight against ANZ, Suncorp merger
Analysis 2024-02-20 10:30 pm By Cindy Cameronne

The ACCC’s rejection of a $4.9 billion merger between ANZ and Suncorp was hardly surprising given the concentrated nature of the home loans market, but […]

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ACCC’s decision blocking $4.9B ANZ, Suncorp merger overturned by competition tribunal
Competition & Consumer Protection 2024-02-20 9:56 am By Cindy Cameronne

The ACCC’s decision to block a $4.9 billion merger between ANZ and Suncorp has been set aside, with a tribunal finding the transaction will not […]

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‘We don’t know’ not a reason to block $4.9B Suncorp merger, ANZ says
Financial Services 2023-12-04 11:17 pm By Cindy Cameronne

ANZ has criticised the ACCC’s objection to its planned $4.9 billion merger with Suncorp, arguing before a tribunal that the alleged “uncertain” effects on competition […]

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‘A blight on our community’: Judge slams overly complex Corporations Act
Courts 2023-11-29 5:04 pm By Cindy Cameronne

A retiring Federal Court judge who served on the bench for almost two decades has railed against court fees “that no ordinary person can afford” […]

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Ex-ANZ unit hit with $5M penalty for fees-for-no-service conduct
Superannuation 2023-11-29 4:40 pm By Cat Fredenburgh

Former ANZ superannuation trustee OnePath Custodians has been hit with a $5 million penalty for charging superannuation members more than $4 million in fees that […]

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