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Rebel Wilson’s evidence ‘complete revision of history’, court hears
Do not believe “any word” said by actor and director Rebel Wilson in her defence against a defamation case by actress Charlotte MacInnes, after her evidence was “obliterated” by her own witnesses, a silk has said at the close of trial.
Mastercard’s competition lawyers advised rewording deal, court told
Trial in a case alleging Mastercard misused its market power by striking deals with retailers to defend revenues against EFTPOS routing has heard external competition lawyers suggested removing the word 'routing' from its contract with Woolworths.
Mastercard risked $45M hit from RBA routing initiative, court hears
Mastercard risked losing half its revenue from retail interchange fees as a result of the Reserve Bank's least-cost routing initiative, and struck deals with top retailers to defend its core business, a court was told Wednesday.
Woolworths faced loss of status with Mastercard if it used EFTPOS, trial told
A trial judge has heard that Mastercard's top Australian executives discussed stripping Woolworths of strategic merchant status if the supermarket giant routed customer transactions through the cheaper EFTPOS network.
‘This is huge’: Mastercard’s anxiety about EFTPOS revealed at trial
Mastercard's Australia boss was anxious to sign a deal with Woolworths on payments processing after learning that Coles had chosen to route all debit transactions through the cheaper EFTPOS network, a court has heard.
‘None of it strikes me as nefarious’: Judge puts ACCC’s Woolworths case to the test
A judge has again voiced doubts about the ACCC's misleading conduct case over Woolworths' 'Prices Dropped' campaign, probing counsel for the regulator at length on Thursday about how the claims stack up.
Apple ‘can’t be trusted to do the right thing’, Epic Games tells court
Epic Games has told a judge that Apple is treating Australian competition laws with “arrogant disrespect” and urged him to order injunctions after he found the tech giant engaged in anti-competitive conduct in the app marketplace.
Coles faced forfeiting low fees to Woolworths under Mastercard’s ‘nuclear option’
Mastercard considered threatening Coles with losing its discounted interchange fees to rival Woolworths if the supermarket chain re-routed customer debit and credit transactions away from the payments giant, a trial judge has heard in the ACCC's misuse of market power case.
Rebel Wilson denies using alleged harassment complaint as leverage
During her second day on the stand in a defamation trial, actress Rebel Wilson denied using an alleged sexual harassment complaint as leverage against her fellow producers on 'The Deb'.
Mastercard used low rates as bargaining chip with Coles, trial hears
Mastercard's APAC head was "perfectly comfortable" with the threat of removal of discounted interchange rates to cut a deal with Coles to route transactions through its payment network, a court has heard.