Trials

Actor Rebel Wilson, who is facing trial in a defamation case by the lead actress on her directorial debut, appeared indifferent when told the actress had bathed with one of the film's producers, a court has heard.

Actor and director Rebel Wilson told a court Monday the lead actress on her film 'The Deb' confided that she was uncomfortable taking a bath with a producer, but changed her story to secure more work. 

Rebel Wilson made up a complaint about harassment on the set of her film, 'The Deb', to gain leverage during budget negotiations, a court has heard as trial kicks off in a defamation case against the actor and director.

Trial begins Tuesday in the consumer regulator's case against Woolworths over alleged dodgy discounts, with the supermarket chain set to argue there was nothing phony about its 'Prices Dropped' campaign.

Former ACCC chair Allan Fels says the competition regulator appears to have a strong misuse of market power case against Mastercard, but noted the credit card giant may raise arguments about two-sided markets in defending the claims.

APAC issued a default notice to Dexus' infrastructure fund manager for a purported breach of a shareholder agreement during a share sales process to "get rid of" it, a trial has heard.

Mastercard executives who claim they had no anti-competitive purpose when pursuing agreements with retailers to favour its network are expected to face cross-examination about responses given to the Reserve Bank about its least cost routing initiative.

Mastercard has hit back at the ACCC’s claims that it sought to prevent competition with EFTPOS through strategic agreements with large retailers, saying the deals were struck for “benign and pro-competitive” reasons. 

Mastercard made ‘strategic’ agreements with large retailers like Coles and David Jones to keep them from routing through EFTPOS, offering discounted exchange rates that left smaller businesses footing the bill, the ACCC told the court on the first day of trial.

Institutional asset manager IFM Investor was ready to sweep up Dexus' shares in Melbourne Airport operator APAC under a forced sale process triggered by a default notice for alleged confidentiality breaches, a court heard Tuesday.