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Judge asks if he must ‘second guess’ legal advice in Linchpin class action
A judge overseeing an investor class action over the collapse of advisory firm Linchpin Capital has questioned whether he has to “effectively second guess” a law firm's advice given to group members about a partial settlement. 
Virgin, Alliance charter pact grounded by competition watchdog
The Australian Competition and Consumer Commission has put the brakes on a cooperation agreement between Virgin Australia and Alliance Airlines for fly-in fly-out customers, citing concerns about increased prices and reduced services. 
Racing Victoria planned agreement to ‘seriously breach’ competition laws, court hears
Racing NSW has accused its Victorian counterpart of planning an anti-competitive agreement with five other states to exclude it from the thoroughbred racing industry, as it seeks documents to bring potential claims.
AIG can’t withdraw admission in Linchpin class action
A judge has refused American International Group’s bid to withdraw an admission that directors of defunct advisory firm Linchpin Capital were covered under a D&O policy in an investor class action that has settled against everyone but the insurer. 
Qantas asks for meeting with ACCC after Alliance acquisition hits wall
The competition regulator has opposed Qantas' acquisition of Brisbane-based regional airline Alliance Aviation Services, saying the deal was likely to substantially reduce competition in air transport for mining companies in Western Australia and Queensland.
Sika’s deal with MBCC Group wins clearance from ACCC with sell-off
The ACCC has given its blessing to Sika's planned acquisition of Germany-based MBCC Group, subject to the divestiture of MBCC's Australian and New Zealand business.
Class actions dropped to six-year low in 2022
Last year saw the lowest number of new class action filings in Australia since 2016, according to a new report.
Forex broker representative loses challenge to ASIC expert opinion
The authorised representative of forex broker Union Standard can't exclude parts of an opinion by an ASIC-appointed expert in a case alleging it traded in margin products with Chinese clients despite knowing it was illegal under Chinese law.
ACCC chair pushes for compulsory merger review regime
The head of the Australian Competition and Consumer Commission has called for reforms to Australia's merger laws that would make review by the regulator compulsory, saying the current  informal review regime hampers its ability to block anti-competitive deals.
ACCC casts doubt over claimed benefits of ANZ’s $4.9B Suncorp acquisition
The competition regulator has cast doubt on the public interest argument for the proposed $4.9 billion ANZ, Suncorp tie-up, saying Tuesday the nature, likelihood and extent of the touted benefits had not been substantiated.