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ACCC to review ‘high risk’ mergers under proposed reforms
Competition & Consumer Protection 2024-10-09 11:38 pm By Cat Fredenburgh

The Treasurer is expected to introduce legislation on Thursday that will mandate review of mergers above a certain monetary threshold and tie-ups deemed “high risk”.

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Qantas’ $120M deal to resolve ‘ghost flights’ case wins court approval
Competition & Consumer Protection 2024-10-08 1:17 pm By Andy Sidler

A court has approved a $100 million penalty and another $20 million payment in compensation for Qantas customers after the airline admitted to selling tickets on cancelled flights.

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Doctors can’t cut ACL claims from cosmetic surgery class action
Class Actions 2024-10-07 11:18 pm By Andy Sidler

A judge has signed off on the eighth version of a class action against Sydney doctor Daniel Lanzer and several of his associates over allegedly negligent cosmetic surgeries.

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Coles, Woolworths face class action investigation over discount claims
Class Actions 2024-10-03 11:00 pm By Cat Fredenburgh

Coles and Woolworths may be hit with class actions for allegedly misleading customers with false discounts.

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‘Shrinkflation’ targeted in government’s latest crackdown on supermarkets
Competition & Consumer Protection 2024-10-03 2:16 pm By Sam Matthews

The federal government has vowed to fight shrinkflation by strengthening the Unit Pricing Code and introducing “substantial penalties” for non-compliance.

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WiseTech CEO can suppress docs in legal stoush with beautician
Bankruptcy 2024-10-02 2:36 pm By Andy Sidler

WiseTech CEO Richard White has won suppression orders over documents allegedly revealing legal advice and settlement negotiations in a dispute with a Sydney beautician.

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ANZ, OnePath reach 11th-hour settlement in class action
Class Actions 2024-10-02 11:43 pm By Christine Caulfield

A settlement has been reached on the eve of trial in a class action against ANZ and OnePath alleging they slugged super fund members with excessive fees.

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Sigma tries to ease concerns over $8.8B Chemist Warehouse tie-up
Corporate 2024-10-01 11:13 pm By Andy Sidler

Drug supplier Sigma Healthcare has offered an undertaking in a bid to allay the competition regulator’s concerns about its proposed merger with Chemist Warehouse. 

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Olam Agri offers to divest Queensland Cotton gin to acquire Namoi Cotton
Competition & Consumer Protection 2024-09-30 1:10 pm By Cindy Cameronne

Olam Agri Holdings has offered to divest its Queensland cotton gin and a 20 per cent holding in a leading Australian cotton classing company to win approval for its takeover of Namoi Cotton.

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EnergyAustralia hit with $14M penalty for misleading consumers about prices
Competition & Consumer Protection 2024-09-26 11:13 pm By Andy Sidler

In a first, EnergyAustralia has been ordered to pay $14 million for breaching the Electricity Retail Code by misleading customers about prices.

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