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Allowing Vodafone's proposed $15 billion merger with TPG to go ahead if there were a real chance that TPG could seriously compete in the market for mobile services would have "profound social consequences," the competition watchdog told the Federal Court Friday as it unsuccessfully sought to push back a hearing over the deal.
In a win for the corporate watchdog, a court has found collapsed education provider Vocation engaged in misleading and deceptive conduct and breached its continuous disclosure obligations by failing to inform shareholders of problems with a large government contract.
US asset management firm State Street has dropped its trade mark case against superannuation fund HESTA over its Fearless Girl statue, after HESTA agreed to stop all marketing and promotion involving a replica of the famous New York statue.
Oil company PTTEP has objected to Indonesian seaweed farmers using the word “oil” in their evidence in the Montarra oil spill class action, arguing they are not qualified to identify oil.
The liquidators of Gold Coast fund manager Equititrust are seeking court approval of a confidential settlement of two proceedings brought against KPMG for allegedly failing to properly audit the firm prior to its collapse.
The court has ordered Australia's biggest internet service providers to block seven websites from "ripping" audio files from music videos on YouTube, in what the judge described as "industrial scale copyright infringement".
Elite competition groups Allens and Herbert Smith Freehills will represent Vodafone and TPG in their lawsuit filed Friday challenging the Australian Competition and Consumer Commission's opposition to their proposed $15 billion tie-up.
The Australian Competition and Consumer Commission has come up short in its appeal of a ruling that found it had produced insufficient evidence of a laundry detergent cartel, in the first so-called hub and spoke case brought by the competition regulator.
TV giant Foxtel wants another shot at opposing a trade mark by telco China Unicom, after a judge let stand an IP Australia decision refusing to revoke the trade mark when law firm Allens missed a deadline for opposing the mark.
Parties in an ongoing four-and-a-half year long investor class action against Fitch Ratings have agreed to a second round of mediation after a prior attempt was adjourned without success.