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The corporate watchdog is planning to launch legal action soon over the banking industry's fees for no service, and expects to secure $1 billion in compensation for customers, the Royal Commission heard Friday.
The Full Federal Court will hear arguments next week in an appeal by the ACCC over an alleged laundry detergent cartel, the first so-called hub and spoke case brought by the competition regulator.
The ACCC will decide by November 8 whether the proposed merger of Nine Entertainment with Fairfax Media raises competition concerns.
The applicant in a consumer class action against Radio Rentals has lost her bid for interrogatories which an attorney for the class said could lend support to claims that the company's "strange" lease contracts were structured to avoid its obligations under the Uniform Consumer Credit Code.
The Construction, Forestry, Maritime, Mining and Energy Union and its ACT branch secretary have been hit with criminal charges that they engaged in a cartel for steelfixing and scaffolding services.
Top AFL and NRL clubs have agreed to change their refunds and returns policies on football and rugby merchandise after an investigation by the ACCC found they were in breach of the Australian Consumer Law.
The judge overseeing the competition lawsuit brought by the ACCC over Aurizon's proposed sale of its Queensland intermodal business to Pacific National has denied the regulator's bid for an injunction against Pacific, saying it amounted to micro-managing that could discourage "normal competitive behaviour".
In an escalating battle between the online bookmakers, CrownBet has filed a cross claim in a consumer and trademark infringement lawsuit brought by Sportsbet that calls for the cancellation of its rival's trade marks.
A claim for damages by Optus over Telstra's 'Unlimited' ad campaign, which was found to be misleading and deceptive, appears to have been resolved by the rivals out of court.
A judge has denied a Westpac unit's bid to strike allegations that it knew about a $1.9 million Ponzi scheme from a class action alleging the bank aided the Ponzi schemer's illegal conduct.