Homegoods retailer Harvey Norman is facing a class action by customers who paid more than they bargained for after being enticed by ‘interest free’ ads which the Federal Court has found to be misleading.
A judge has rejected all but two claims by ASIC in a suit against car finance provider Money3 and criticised how the regulator ran its case, saying it had consumed an “inordinate and disproportionate amount of the judicial and administrative resources of the court”.
Saint Gobain-owned CSR has hit back at building insulation distributor Consolidated Energy’s claims it engaged in anti-competitive conduct by increasing its prices during COVID-19, saying the cost increases were due to events beyond its control.
A judge has signed off on a $13.5 million penalty agreed to by retailer The Good Guys for making misleading statements about store credit and StoreCash schemes to customers.
Nuix has lodged an appeal of a ruling finding it owes $20 million before its insurers will cover its legal bills for lawsuits over its $1.8 billion float.
The applicant in a class action by former RAMS franchisees can’t intervene in proceedings by ASIC against the defunct Westpac mortgage unit, with a judge finding the outcome of the ASIC case will not affect the class action.
Job listings giant Seek has hit back at claims by Employment Hero that its decision to cut access to its platform was a breach of competition laws, saying the start-up has misused Seek’s data to launch a competing service.
The competition watchdog has raised concerns that IAG’s proposed $1.35 billion acquisition of the RACWA’s insurance operations could substantially lessen competition.
The ACCC has taken Sydney’s four largest mobile crane companies and four of their senior executives to court for allegedly engaging in cartel conduct by agreeing not to supply cranes to certain customers or construction sites.
The Full Federal Court has tossed Latitude Finance and Harvey Norman’s appeal of a ruling that found the retailer’s ads touting ‘interest free’ payment methods were misleading.