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Judge questions ASIC’s ‘very, very modest’ $750,000 penalty against La Trobe Financial
Financial Services 2021-11-15 1:59 pm By Bianca Hrovat

A judge has expressed hesitation about a $750,000 penalty proposed by the Australian Securities and Investments Commission in its misleading advertisement case against $5.15 billion […]

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Franchisee lawsuit accuses Quest of ‘unfair’ termination tactics
Hospitality 2021-11-15 8:10 pm By Bianca Hrovat

Quest Serviced Apartments is using unfair tactics to unlawfully terminate franchise agreements, according to a lawsuit by a franchisee that is fighting to keep its […]

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High Court shoots down Volkswagen’s challenge to landmark $125M dieselgate penalty
Competition & Consumer Protection 2021-11-12 12:31 pm By Miklos Bolza

The High Court has rejected Volkswagen’s special leave application to challenge a record $125 million penalty for selling cars with a defeat device that allowed […]

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Hold music company made it hard for customers to hang up, ACCC says
Competition & Consumer Protection 2021-11-11 5:16 pm By Bianca Hrovat

One of the world’s leading audio branding companies has agreed to amend its contract terms, which penalised customers for cancelling within a 42-day period of […]

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Judge ‘gags’ at ACCC’s proposed $5M penalty in Google ads case against Employsure
Competition & Consumer Protection 2021-11-10 2:46 pm By Bianca Hrovat

A judge said he “gagged” at the Australian Competition and Consumer Commission’s proposed $5 million pecuniary penalty in its case against specialist workplace relations company […]

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Top JPMorgan execs to face stand before trial after late ACCC disclosure
Competition & Consumer Protection 2021-11-10 2:07 pm By Christine Caulfield

JPMorgan bigwigs who are key witnesses for the prosecution in its cartel case over ANZ’s botched share placement in 2015 will be questioned by Citibank […]

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Court blocks short seller from releasing Vulcan Energy report
Energy & Natural Resources 2021-11-09 4:42 pm By Cat Fredenburgh

Lithium producer Vulcan Energy has won a court injunction blocking Beijing-based short seller J Capital from releasing a critical report on the Perth-based company for […]

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ACCC’s witness statement method ‘quite unfair’, says judge hearing cartel case
Competition & Consumer Protection 2021-11-05 9:45 pm By Christine Caulfield

The ACCC’s practice of successively refining witness statements without saving draft versions was “quite unfair”, says a judge overseeing the competition regulator’s criminal cartel case […]

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ACCC let JPMorgan lawyers review witness statement in cartel probe, court told
Competition & Consumer Protection 2021-11-04 10:42 pm By Christine Caulfield

Lawyers for JPMorgan went to the ACCC’s office to review a draft statement of the investment bank’s then managing director Jeffrey Herbert-Smith, an immunity witness […]

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Epic’s evidence in clash with Apple could be first in competition case
Competition & Consumer Protection 2021-11-04 1:19 pm By Bianca Hrovat

Epic Game’s plan to lead econometric evidence in its dispute with Apple could be the first time such evidence has been led in a competition […]

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