In a first, EnergyAustralia has been ordered to pay $14 million for breaching the Electricity Retail Code by misleading customers about prices.
The ACCC will not oppose Lendlease’s plan to sell a portfolio of residential projects to Stockland for $1.3 billion after accepting Stockland’s plan to divest a project in Illawarra.
Building insulation supplier CSR Bradford will provide discovery to Consolidated Energy after the independent distributor foreshadowed action alleging misuse of market power.
Major supermarkets Coles and Woolworths have been taken to court by the consumer regulator, accused of inflating prices for short periods in order to advertise more attractive discounts.
Captain Cook College and its COO will attempt to reach an agreement on penalty with the ACCC after the High Court knocked back their appeal of a systemic unconscionable conduct finding.
A second law firm has filed a class action against Harvey Norman alleging it sold extended warranties to customers that had “no real value”.
Harvey Norman has been hit with a class action on behalf of customers who paid hundreds of millions of dollars for allegedly “worthless” warranties that offered zero added protection.
Mastercard is fighting an evidentiary win for the competition watchdog in a case alleging the payments giant misused its market power in deals with major retailers.
Australian companies may be experiencing cybersecurity fatigue, with in-house counsel reporting they believe it will take a cyberattack to improve their focus on data risk management.
Regional broadcaster WIN has sued TVSN alleging the home shopping network breached its negotiation obligations because a deal with Seven was in the works.