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Australia needs stronger regulation to prevent the country's major airports from abusing their market power, the Australian Competition and Consumer Commission said Tuesday.
Europcar has fired back at the consumer watchdog in an enforcement action alleging the car rental company applied excessive payment surcharges on debit and credit card purchases, saying it always intended to refund overcharged customers, and did.
The Australian Competition and Consumer Commission has launched its opening volley against consumer goods giant Kimberly-Clark Australia, saying its Kleenex 'flushable' wipes were unsuitable for sewers and septic tanks and an "enormous burden" on the Australian wastewater system.
ASIC has filed a lawsuit against shuttered financial adviser Dover Financial and its former director, who famously collapsed during questioning before the Royal Commission, over its client protection policy.
The ACCC has fired a warning shot over false advertising by telecommunications companies, saying it may bring cases against telco executives that knowingly sign off on misleading ads.
The consumer regulator asked a court Friday to dismiss a lawsuit brought against it by Chinese vitamin giant Nature's Care Manufacture over Australian-made product labels, saying it had been wrongly "dragged into a controversy".
ASIC has filed a lawsuit against ANZ alleging it breached its continuous disclosure obligations in relation to a $2.5 billion institutional share placement, which is also at the centre of a criminal cartel case against the bank.
Bodum, maker of the popular glass French press coffee maker, has sued an Australian company for allegedly copying the design and getup of its iconic device, on the heels of winning a $4 million judgment in the US over a copycat device.
Meriton has withdrawn its appeal of a ruling that fined the property manager $3 million for manipulating bad reviews on TripAdvisor.
The Australian Consumer and Competition Commission has said it will permit a $13 billion acquisition of Australian energy infrastructure business APA Group by a Hong Kong group of companies after accepting a court-enforceable undertaking.