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Car makers to pay $52M to settle Takata airbags class actions
Six of the world's largest car makers have agreed to pay $52 million to settle class actions accusing them of selling cars with deadly Takata airbags.
Concrete company knew of prior Opal Tower failure, class action cross-claim alleges
Prefab concrete company Evolution Precast Systems failed to install reinforced concrete in Sydney's ill-fated Opal Tower and knew about a prior failure with one of the building's panels, engineer WSP Structures alleges in a cross-claim lobbed in a class action on behalf of residents of the tower.
Class action probe results in redress scheme for women injured by disgraced doctor
Hundreds of women who suffered “chaos and devastation” at the hands of former surgeon Emil Gayed will be entitled to compensation after class action law firm Slater & Gordon negotiated with the state government to secure a redress scheme.
ACCC to probe Apple Pay restrictions on banks
The Australian Competition and Consumer Commission is investigating competition concerns about Apple’s refusal to allow third party access to the near-field communication chip that allows iPhone users to make 'tap and go' payments through Apple Pay.
ACCC says Qantas, Japan Airlines alliance could cause prices to soar
A proposed alliance between Qantas and Japan Airlines has failed to take flight after the Australian Competition and Consumer Commission said the coordination of flights between Australia, New Zealand and Japan could cause ticket prices to soar.
WiseTech accused in freight forwarder’s lawsuit of misusing market power
Freight forwarding company Mondiale has filed a lawsuit against Wisetech Global alleging the logistics software firm breached competition law by misusing its substantial market power.
Carnival can’t exclude overseas passengers from Ruby Princess class action
Cruise operator Carnival has lost its bid to exclude US and UK passengers from a class action over the 2020 Ruby Princess COVID-19 outbreak, with a judge finding the Federal Court was not a "clearly inappropriate forum" to hear the dispute.
ACCC signs off on BPAY, eftpos, New Payments Platform merger
The ACCC has given the OK to the proposed merger of BPAY, eftpos and the New Payments Platform, saying competition between the three payment system companies was marginal and that "strong competitors" would remain after the union.
VW class action applicant slugged with indemnity costs
The lead applicant in a class action against Volkswagen over defective Takata airbags has been hit with indemnity costs for his failed case after a NSW Supreme Court judge found that deficiencies in aspects of the case were "manifestly clear".
Bathroom brand Nero admits engaging in likely resale price maintenance
The Australian Competition and Consumer Commission has accepted a court-enforceable undertaking from designer tapware supplier Nero Bathrooms following revelations the company likely engaged in resale price maintenance.