The competition regulator has cited the public interest in its misuse of market power case against Mastercard in fighting suppression applications by the credit card giant and its heavy-hitter customers, including Coles and Visa.
A court has slapped private health insurer Bupa with a $35 million penalty after it admitted to misleading thousands of customers about their benefits for over five years.
Four group members in a franchisee class action against 7-Eleven that settled for $98 million in 2022 are seeking court review of the amounts they were awarded under the settlement scheme.
The Commonwealth Bank has paid $792,000 in penalties after the consumer watchdog found it had failed to enable data sharing for certain business customers.
Delta Power & Energy, the owner of the Vales Point coal-fired power station in NSW, will defend ASIC proceedings accusing it of manipulating the market for electricity futures contracts by arguing that it acted honestly.
A judge has questioned whether an agreed penalty against ANZ for overstating bond trading volumes is sufficient, noting the misrepresentations were “very significant”.
A judge on Tuesday penalised Google $55 million for anti-competitive deals requiring Telstra and Optus to pre-install its search engine on Android devices, but has questioned why action wasn’t taken against the telcos.
A class action against Homes Victoria overs its decision to demolish public housing towers in Melbourne without consulting residents has appealed a judge’s decision tossing the case.
An iProsperity director must pay $5.3 million to ZACD for his conduct in convincing the Singapore-based real estate investment firm to cough up $37.5 million for its $300 million purchase of the AccorInvest hotels portfolio.
Car dealership software firm Pentana has accused competitor Titan of a “calculated, sustained and brazen” invasion of its rights, and argues cross-claims of misuse of market power are a distraction.