Mobil Oil has agreed to pay a $16 million penalty after admitting it ran false ads in far North Queensland claiming it was selling a specific brand of fuel with certain benefits, when in fact it was suppling ordinary fuel.
The High Court has put the brakes on a $650 million case by Mercedes-Benz dealers over the car maker’s switch to a fixed-price sales model, despite acknowledging the “important issues” the appeal raised.
In its case accusing Australian Gas Networks of greenwashing with ads promising gas was “becoming renewable”, the consumer regulator is pushing the company to identify who it says had reasonable grounds for the statements.
The judge overseeing a class action alleging Sony used restrictive trade practices to block competition with its Playstation store has told the applicant to get “a bigger team” on the slow-moving case.
The High Court has declined to hear an appeal of a ruling that found the directors of payday lenders Cigno and BSF are liable for the companies’ unlicensed credit activity.
Microsoft has offered to refund millions of customers who the consumer cop says unwittingly subscribed to its AI assistant Copilot without being told a cheaper AI-free option was available.
Trial has kicked off in ASIC’s first-ever design and distribution suit over high-risk contracts for difference, after an in-principle agreement reached with investment company eToro fell through.
The ACCC has taken Microsoft to court, alleging the software giant misled 2.7 million customers of its 365 product suite into believing they had to subscribe to its AI assistant Copilot, knowing they were sceptical of the new product.
The ACCC has asked a judge to slap Queensland-based mining equipment company Qteq with a penalty of between $11 million and $13 million after he found the company and its chairman attempted to engage in cartel conduct.
JB Hi-Fi has lost its bid for soft class closure orders in a class action on behalf of eight million customers, with a judge finding it would likely lead to conflicts of interest and a “post-settlement wave” of late registrations.