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Cargill cow gene patent invalid, Federal Court says
Intellectual Property 2018-02-13 4:37 pm By Cat Fredenburgh

A federal court judge has found that a bovine gene patent held by Cargill Inc. is invalid, but said the American agriculture giant could beef up the patent claims in response to his ruling.

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ACCC sues Optus for pressuring customers to move to NBN
Competition & Consumer Protection 2017-12-15 9:09 pm By Cat Fredenburgh

Optus has been sued for allegedly pressuring customers to move to the National Broadband Network before they needed to make the switch.

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BrisConnections settles $2.2B case over collapse
Competition & Consumer Protection 2017-11-15 1:15 pm By Cat Fredenburgh

BrisConnections’ receiver PPB Advisory has settled its $2.2 billion lawsuit against engineering consultant Arup, a court was told Monday.

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ACCC gets second bite in Apple case
Technology 2017-11-14 9:42 pm By Christine Caulfield

A judge has given the Australian Competition and Consumer Commission a chance to amend its case against Apple alleging iPhone and iPad users were misled about their rights to have faulty devices repaired free of charge.

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Medibank ‘disappointed’ that ACCC is appealing case, CEO says
Competition & Consumer Protection 2017-11-13 9:41 pm By Christine Caulfield

Medibank CEO Craig Drummond said Monday the private health insurer was “disappointed” that the ACCC was appealing its loss in a consumer case accusing the insurer of unconscionable conduct in advising members about coverage limits.

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Judge OKs $100M in rate-rigging settlements
King & Wood Mallesons 2017-11-10 10:58 pm By Cat Fredenburgh

A Federal Court judge on Friday signed off on $100 million in settlements between Australia’s securities regulator and National Australia Bank Ltd. and Australia & New Zealand Banking Group Ltd. for attempting to manipulate the market for the bank bill swap reference rate.

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Competition on the rise among NBN providers, ACCC says
Technology 2017-11-09 9:58 pm By Christine Caulfield

Competition for access to the National Broadband Network is ramping up, the ACCC said, and providers are buying more capacity to deliver on promised internet service speeds.

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Citibank repays cardholders $4.3M
Financial Services 2017-11-09 12:51 pm By Cat Fredenburgh

Citibank will provide refunds of $3.3 million to credit card customers for failing to refund them when their credit card accounts were closed with an outstanding credit balance.

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Trial date set for ACCC case against health insurer
Competition & Consumer Protection 2017-11-08 9:22 pm By Cat Fredenburgh

A case brought by Australia’s consumer regulator against health insurer NIB Health Funds for allegedly violating consumer protection laws by making changes to its plans without first notifying members will head to trial June 6.

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Telstra to refund customers with slow NBN speeds
Telecommunications 2017-11-08 8:56 pm By Christine Caulfield

Telstra will offer refunds to some 42,000 customers after promising National Broadband Network speeds that couldn’t be delivered.

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