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ACCC approves Coles bid for chilled meals company
Corporate 2020-03-25 1:22 pm By Cat Fredenburgh

The Australian Competition and Consumer Commission has approved Coles’ planned acquisition of chilled meals supplier Jewel, saying the sale was better for competition than the liquidation of Jewel’s assets.

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Court to determine Sony Playstation penalty without hearing
Competition & Consumer Protection 2020-03-25 12:15 pm By Cat Fredenburgh

A hearing has been vacated in ACCC proceedings brought against Sony alleging it misled gamers who purchased faulty PlayStation games, with any penalty the entertainment company should face to be decided by the court on written submissions alone as it seeks to avoid in-person hearings.

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ACCC allows supermarkets to join forces to combat panic buying
Competition & Consumer Protection 2020-03-24 7:37 pm By Alison Eveleigh

The Australian Competition and Consumer Commission has given the go-ahead for supermarkets to work together immediately to ensure consumers have access to fresh food and groceries, after a wave of panic buying lead to product shortages and delivery disruptions across the country.

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Judge OKs $42.5M Cash Converters settlement, plaintiffs firm to pocket $12.4M
Class Actions 2020-03-24 2:47 pm By Alison Eveleigh

A judge has signed off on a $42.5 million settlement of a class action against Cash Converters, brought on behalf of consumers that look out personal loans, in a move that will see the plaintiffs firm behind the case pocket $12.4 million.

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Bitter dispute: Australian Olympic Committee hits beer maker with IP suit
Intellectual Property 2020-03-23 10:04 pm By Alison Eveleigh

The Australian Olympic Committee has taken a local microbrewery to court for allegedly violating its intellectual property by featuring the AOC coat of arms on its products and packaging without permission.

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Coronavirus shuts down ACCC cross-examinations in landmark ANZ cartel case
Competition & Consumer Protection 2020-03-20 10:10 pm By Christine Caulfield

For the lawyers conducting the committal hearings in the criminal cartel case over ANZ’s $2.5 billion equity raising, the Sydney Downing Centre courtroom was already too close for comfort.

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AFT loses challenge to ruling over ‘misleading’ Maxigesic ads
Competition & Consumer Protection 2020-03-19 9:07 pm By Cat Fredenburgh

AFT Pharmaceuticals has lost its challenge to a ruling that ads claiming its painkiller Maxigesic is more effective than Nuremol were misleading and deceptive, with the Full Federal Court saying the primary judge did not err in finding the ads lacked an adequate scientific basis.

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ACCC says cancellations due to COVID-19 could impact consumer rights
Competition & Consumer Protection 2020-03-18 12:51 pm By Cat Fredenburgh

The Australian Competition and Consumer Commission has issued guidelines on consumers’ rights to refunds if a flight or event is shuttered due to the coronavirus, saying consumer guarantees could be affected if cancellation are caused by government restrictions.

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Debt collector Panthera Finance must pay $500,000 for harassing consumers
Competition & Consumer Protection 2020-03-16 8:46 pm By Cat Fredenburgh

Australia’s second largest debt recovery agency has been ordered to pay $500,000 after the company admitted breaching Australia’s consumer laws by unduly harassing and misleading three people over debts they did not owe.

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Coronavirus could threaten jury trial in Country Care cartel case
Competition & Consumer Protection 2020-03-13 12:31 pm By Miklos Bolza

A Federal Court judge has acknowledged concerns raised by the accused in a criminal cartel case against mobility equipment provider Country Care and two employees about how an upcoming jury trial will proceed if the coronavirus pandemic worsens, telling the parties the court had already taken measures to control the spread of the virus.

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