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ACCC wins power to compel information from Google, Facebook
The Federal Government has blessed the ACCC's request for an extended public inquiry into Google and Facebook as well as a separate probe into the tech giants' advertising practices, arming the regulator with the power to collect information on the companies' advertising and search algorithms.
Bunnings’ deal with Adelaide Tools under scrutiny by ACCC
The ACCC has raised concerns that the proposed tie-up of hardware store giant Bunnings Warehouse and family-owned Adelaide Tools and Oaklands Mower Centre will stifle competition.
Ex-Bellamy’s director Jan Cameron faces criminal charges over share disclosures
Former Bellamy's Australia director Jan Cameron has been charged by prosecutors after an ASIC investigation over her alleged failure to disclose her substantial stake in the organic baby food company.
Taco Bell to open in Victoria after settling Taco Bill lawsuit
A Mexican restaurant franchise has settled a dispute with Taco Bell that will allow the fast food giant to move ahead with plans to set up shop in Victoria.
Law firms behind Monsanto competing class actions can’t seem to get along
The law firms running two competing product liability class actions against chemical giant Monsanto over its allegedly cancer-causing weed killer have been unable to reach agreement on how they will jointly manage the cases, a court has heard.
Fairfax slammed for ‘very unhelpful’ defence in Elaine Stead defamation case
Nine-owned Fairfax Media has been sent back to the drawing board to redo what a judge called a "very unhelpful" defence to a defamation lawsuit brought by venture capitalist Elaine Stead over articles that appeared in the Australian Financial Review about her role in the collapse of fund manager Blue Sky Alternative Investments.
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.
Rural Funds wins unprecedented case against activist short seller Bonitas
Australian agricultural fund manager Rural Funds Group has won its legal action alleging US short seller Bonitas Research engaged in misleading and deceptive conduct when it described the group's equity as "ultimately worthless" and sent its share price plummeting.
ACCC officer denies anything ‘sinister’ in examination of ANZ cartel witness
During another day of cross-examination in a criminal cartel case against ANZ and two investment banks, a key ACCC officer was accused of lying about his interrogation of a key cartel witness, with the officer insisting there was nothing "sinister" in his examination.
Funder to continue backing Westpac insurance class action, for now
The funder behind a class action against Westpac over allegedly excessive insurance premiums has confirmed that it will continue backing the case despite earlier concerns it may pull out in the wake of the High Court's landmark ruling on common fund orders.