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ACCC blesses $1.15B Viva Energy, OTR tie-up with divestitures
The ACCC has signed off on Viva Energy's $1.15 billion acquisition of South Australia-based convenience store chain On The Run Group, after it agreed to divest 25 Coles Express sites in the state.
You snooze, you lose sales tactic targeted in ACCC case against mattress supplier Emma Sleep
Online mattress retailer Emma Sleep faces enforcement action by the ACCC alleging the company's ad campaigns were false and misleading when they implied prices had been discounted and that sales offers would not last long.
High Court hands Mitsubishi a win in case over fuel efficiency labels
Mitsubishi Motors has prevailed before the High Court in a challenge to a ruling that it breached the consumer laws by affixing a fuel efficiency label to its Tritons, in a decision that puts a dent in a class action on behalf of tens of thousands of drivers.
Lawyers the only ones to get paid in CBA class action settlement
Group members will walk away with nothing under a settlement in a seven-year old class action against the Commonwealth Bank of Australia on behalf of borrowers who claimed they were forced to default on their commercial loans.
Fitbit hit with $11M penalty for misleading customers about refunds
Google's Fitbit has been ordered to pay $11 million for misleading statements about customers' rights to refunds or replacements for faulty devices.
Australia Post to pay $2.9M compensation for lost or damaged parcels
Australia Post has agreed to compensate business for lost or damaged parcels after admitting it likely engaged in misleading or deceptive conduct when it refused claims for compensation.
Viterra can’t dodge indemnity costs in feud over $420M Joe White sale
Glencore-owned Viterra must pay indemnity costs to four Joe White employees it dragged into a 10-year feud with Cargill over the $420 million sale of the Joe White business, after a judge found its claims against them were “hopeless from the outset".
‘We don’t know’ not a reason to block $4.9B Suncorp merger, ANZ says
ANZ has criticised the ACCC’s objection to its planned $4.9 billion merger with Suncorp, arguing before a tribunal that the alleged "uncertain" effects on competition in banking was not a sufficient reason to block the deal.
Government urged to shell out $900M to settle live exports class action
The applicant in a nine-year-old class action over the government's 2011 live exports ban has urged the Commonwealth to pay up to $900 million to settle the case, after earlier settlement efforts flopped.
Qantas stands by defence in ghost flights case
Qantas has hit back the ACCC's argument that the airline failed to respond to key allegations in its 'ghost flights' case, telling the court it's the regulator's job to particularise its claims.