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Telstra has reached an agreement with the consumer regulator after a court found the telco misled thousands of broadband customers about the speed of its budget internet provider, Belong.
A judge has ordered embattled Optus to pay a $100 million penalty for “appalling” contraventions, after the telco admitted staff pressured customers into buying phones they couldn't afford.
Advice platform JustAnswer is accused of duping customers into signing up for expensive monthly subscriptions by advertising a $2 joining fee, and falsely holding itself out as affiliated with the Fair Work Ombudsman.
A judge has ordered Facebook owner Meta to file its defence in the Australian Competition and Consumer Commission’s three-year-old case over scam cryptocurrency ads on the social media platform.
Facing allegations that it misused its market power with major retailers, Mastercard is challenging a ruling for the ACCC that lays bare discussions about merchant agreements involving inhouse lawyers.
The ACCC has raised competition concerns about the proposed acquisition of Benedict Recycling by its "closest competitor" Igneo Infrastructure Partners, a subsidiary of Australian asset management giant First Sentier Investors.
The ACCC has approved a deal that will see the assets of a unit of materials giant BGC Group sold to Cement Australia, Holcim, Heidelberg Materials Australia and Adbri, after worrying an initial proposal could affect the supply of ready-mix concrete in the Perth area.
A judge has signed off on a $13.5 million penalty agreed to by retailer The Good Guys for making misleading statements about store credit and StoreCash schemes to customers.
Meta has lost its latest bid to strike out the consumer regulator’s case alleging it failed to put up “reasonable safeguards” to prevent scam cryptocurrency ads on its Facebook platform.
The competition watchdog has raised concerns that IAG’s proposed $1.35 billion acquisition of the RACWA's insurance operations could substantially lessen competition.