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‘We need a mindset change’: ACCC pushes for merger reform to stop ‘killer’ acquisitions
ACCC chair Rod Sims has mooted a raft of reforms to Australia’s merger and acquisitions regime, which he said Friday was ‘skewed towards clearance’.
Crocs takes Mosaic Brands to court for allegedly copying shoe design
US footwear company Crocs has taken Mosaic Brands to court for allegedly selling shoes that "flagrantly" copy the look of its unique 13-hole slip-on foam clogs.
Santos accused of misleading market by ‘greenwashing’ natural gas claims
Leading Australian oil and gas producer Santos is accused of misleading the market by “greenwashing” its environmental credentials in a landmark shareholder-led lawsuit filed in the Federal Court.
Law firm investigates class action over toxic dog food
A law firm is investigating a potential class action on behalf of pet owners whose dogs have died or fallen ill after consuming food contaminated with a known toxin.
Fraud cross-claims struck out in Mach Energy suit over Mount Pleasant coal mine
A judge has struck out allegations of fraud in a cross-claim brought by the operator of a NSW open-cut coal mine, which accused several contractors of knowingly understating the time and cost of expansion works to the tune of $52 million.
$19.6M legal bill in 7-Eleven class actions doesn’t warrant contradictor, court told
A $19.6 million legal bill racked up by the law firm behind two 7-Eleven class actions accusing the convenience store chain of misleading franchisees did not warrant the appointment of a contradictor to a hearing seeking approval of a $98 million settlement, a court has heard.
Regulator takes Origin Energy to court for disconnecting destitute customers
The Australian Energy Regulator has taken energy retailer Origin Energy to court for allegedly breaching its commitments to financially vulnerable customers, including by disconnecting the service of some who were on a payment plan.
7-Eleven to pay $98M to settle franchisee class action
Convenience store giant 7-Eleven has agreed to pay $98 million to settle two class actions accusing it of misleading franchisees, the largest class action settlement reached so far this year.
Apple says Epic Games case should be stayed in light of ‘imminent’ US judgment
Apple has told a judge a high-stakes competition lawsuit by Fornite game maker Epic Games should be temporarily stayed in light of a special leave application lodged with the High Court and an 'imminent' judgment from a US court.
ACCC chief warns Google, Apple of more regulation to come
The Australian Competition and Consumer Commission is investigating whether new legislation is needed to address the impact of dominant digital platforms such as Google and Apple, as the regulator’s overseas counterparts usher in bills aimed at cracking down on anticompetitive behaviour.