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BlueScope Steel general manager Jason Ellis wanted no record kept of a meeting with four of the company's competing steel distributors and warned his national sales manager to keep the talks under wraps, a court hearing the ACCC's price-fixing case was told on Thursday.
BlueScope has labelled "delusional" an argument by the competition regulator that alleged correspondence from a distributor about the steel company’s suggested higher prices was evidence of price-fixing.
Steel maker Bluescope’s claim that it didn't engage in cartel conduct because it only encouraged distributors to set a price for its products would "eviscerate" cartel laws, the ACCC has told a court.
US machinery manufacturer Caterpillar has won its appeal of a decision approving sportswear brand Puma’s 'Procat' trade mark application, with a judge finding “a significant number” of consumers might be confused by the mark.
Two Westpac units have been hit with $10.5 million in fines for providing personal financial advice during a superannuation rollover campaign, with a barrister for ASIC noting the bank had not apologised or expressed regret for the conduct.
A unit of Australian funds manager One Investment Group is seeking to recoup almost $90 million in debts allegedly owed by three former directors of collapsed property developer Steller Group.
The former boss of defence shipbuilder Austal, who is facing penalty proceedings by ASIC, has told a court the regulator's case was based on information that fit within a carveout to the ASX listing rules on continuous dislosure to the market.
The failed franchisor behind the Jump Swim Schools brand has been hit with a $23 million penalty for what a Federal Court judge found were "very serious" consumer law contraventions.
Queensland rail operator Aurizon has been sued for breach of contract and "flagrant" copyright infringement for allegedly using software produced by French software giant Dassault without the necessary licence.
A judge has hit solar panel supplier Vic Solar with a $3 million penalty for breaching the consumer law by making misleading representations in thousands of door-to-door sales of solar panels.