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Life insurer TAL Direct Pty Ltd has agreed to refund 1,200 funeral insurance customers after telling ASIC it violated the terms of their policies by failing to turn off cost of living increases.
The ACCC has accused an Aboriginal art and souvenir supplier of sourcing its products from Indonesia but falsely claiming they were made or hand painted in Australia by Indigenous people.
The Australian Competition and Consumer Commission will not oppose agricultural giant Bayer AG's proposed $US66 billion acquisition of rival Monsanto Corporation, after Bayer agreed to divestitures to win approval from the European Commission.
Shuttered online business directory ABG Pages has been slapped with a $300,000 fine after admitting to systemic unconscionable conduct that included refusing to cancel customer contracts and pretending that big businesses advertised on their service.
Viagogo could calculate from the start of the booking process how much it would charge in booking and handling fees for event tickets, but kept customers in the dark, the ACCC said in a recent court document, rebutting the online ticket reseller's defense in the consumer regulator's case.
Internet providers iiNet Limited and Internode Pty Ltd have agreed to compensate customers for promising NBN speeds that they couldn't deliver, the fifth undertaking the Australian Competition and Consumer Commission has won from companies for making misleading NBN claims.
Australia's securities regulator will soon have a new mandate - overseeing competition in the financial sector.
H.J. Heinz Company Australia Ltd made misleading claims about the health benefits of its Little Kids Shredz products, the Federal Court said Monday.
The Full Court has allowed Yazaki Corporation to file additional documents as it weighs the ACCC's case that the auto parts maker got off easy when the federal court slapped it with a $9.5 million penalty in May for engaging in cartel conduct.
The first stage of the Australian trial alleging Volkswagen installed dual-mode software in diesel vehicles to cheat on emissions tests will wrap up Monday, when class action lawyers deliver a final rebuttal and closing arguments.