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GSK, Pfizer merger won’t cause Nurofen maker any pain, ACCC says
The Australian Competition and Consumer Commission has signed off on pharmaceutical giant GlaxoSmithKline’s proposed acquisition of fellow heavyweight Pfizer, a merger which will put pain medications Panadol, Voltaren and Advil all under one roof, with the competition cop saying Nurofen maker Reckitt will still be able to compete.
Guy Sebastian, ex-manager Titus Day take dispute off stage
Pop singer Guy Sebastian will enter mediation later this month in an attempt to settle his dispute with former manager Titus Day over allegedly unpaid entitlements for promotional work.
Ex-Radio Rentals CEO dragged into class action, says he ‘can’t afford lawyers’
A judge has granted a bid to add former Radio Rentals CEO James Marshall and the beleaguered company's insurer, AIG Australia, as respondents in a class action, over the protests of Marshall's lawyer, who said his client couldn't afford to pay for his defence.
Vodafone, TPG to take ACCC to court over opposition to $15B merger
Vodafone and TPG will file a Federal Court challenge to the Australian Competition and Consumer Commission's opposition to their proposed $15 billion merger, teeing up the biggest merger challenge ever heard by the court.
Pacific National, Aurizon await judgment in high-stakes competition case
Judgment is expected next week in the Australian Competition and Consumer Commission's case against Pacific National alleging the rail company made an anti-competitive bid for Aurizon's Acacia Ridge Terminal and intermodal freight business.
Ultra Tune’s excuse for missing appeal deadline doesn’t wash, ACCC tells court
The consumer regulator wants a court to throw out Ultra Tune’s appeal of a $2.6 million penalty after the national car repair franchise filed its challenge more than a month late because its lawyers "miscalculated" the deadline.
ASIC pares claims against Westpac on eve of trial
The Australian Securities and Investments Commission has narrowed its case against Westpac ahead of a high-stakes trial over the bank's alleged violations of lending laws, striking claims that certain home loans were unsuitable for consumers.
Maurice Blackburn files ‘landmark’ class action against Uber
Uber has been with a class action on behalf of more than 6,000 drivers and license owners alleging the ride-sharing giant caused them harm by operating illegally in four states across Australia.
ASIC to face off against Westpac after judge ripped up $35M settlement deal
The Australian Securities and Investments Commission will gets a chance on Monday to prove its claims that Westpac breached responsible lending laws by providing unsuitable home loans when the two face off in a high-stakes trial following the court's rejection of what would have been a record $35 million penalty for breaching the country's lending laws.
ACCC can’t swallow Meredith Dairy’s resale price maintenance plan
A resale price maintenance notification by Meredith Dairy that would block resellers from selling its goat cheese products below a specified price raises competition concerns, the Australian Competition and Consumer Commission says.