After almost five years of litigation, a Federal Court judge said he will approve a $127.1 million settlement of five class actions against Volkswagen over the diesel emissions scandal, but appeared unwilling to sign off on a 25 per cent uplift in fees sought by one of the plaintiffs firms.
The Australian Competition and Consumer Commission has taken swift action to allow medical technology companies to coordinate on supplying ventilators, protective gear and other equipment in high demand due to the coronavirus.
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.
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.
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.
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.
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.
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.
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.
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.