Mastercard has lost its claim for legal professional privilege over communications between its chief financial officer in Singapore and in-house counsel about merchant agreements the ACCC alleges were anti-competitive.
An appeals court has dismissed BlueScope Steel’s challenge to a decision finding it engaged in attempted price-fixing and was on the hook for a record $57.5 million penalty.
Noni B owner Mosaic Brands has been hit with a $25 million penalty for breaching consumer laws by failing to delivery 740,000 packages within the time frame specified on its website.
A judge will hit pause on two class actions against Coles and Woolworths over allegedly illusory discounts after hearing a bid to bind group members to the findings in related proceedings by the ACCC.
A judge has found that Mastercard can maintain legal professional privilege over a document that was inadvertently sent to the ACCC in 2020 after lawyers at Baker McKenzie had to review 100,000 documents in less than two months.
The Australian Competition and Consumer Commission is looking into energy companies’ promotional materials after consumer advocacy group CHOICE complained that offers of savings are designed to overwhelm and confuse while not offering real value.
Google has agreed to pay a $55 million penalty for making anti-competitive agreements requiring Telstra and Optus to pre-install Google Search on Android devices they sold.
Hospitality group EVT Group has acquired hotel management company Pro-Invest Hotels for $74 million to seed the launch of its own brand management business.
Mastercard says legal professional privilege remained over a document after a junior lawyer “inadvertently” sent it to the ACCC in 2020 while the credit card giant was trying to dissuade the regulator from continuing an investigation into alleged anti-competitive conduct.
The competition watchdog has raised concerns over the proposed tie-up of Kegstar and Konvoy — the only operators in the niche industry of keg pooling — saying the deal could mean higher prices.