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The director of a money transfer business accused of fixing foreign exchange rates has filed a defence attacking the credibility of the federal prosecutor’s key witness, but his new lawyer says the attack might not be maintained at trial.
Japanese truck maker Hino is facing a class action investigation in Australia after admitting it submitted false data on fuel emissions and fuel economy tests for many of its engine models in Japan.
The Australia and New Zealand Banking Group has hit back at ASIC proceedings alleging it saddled hundreds of thousands of customers with cash advance fees after providing them with incorrect account balances, saying its customers were "expressly on notice” the fees would be charged.
Google has agreed to pay a $60 million penalty in proceedings brought by the Australian Competition and Consumer Commission alleging the tech giant misled users about the collection and use of their location data.
Dozens of provisions in Fujifilm's contracts with thousands of small businesses are unfair and unenforceable, a court declared Friday in a case against the office supply company by the Australian Competition and Consumer Commission.
The Australian Competition and Consumer Commission will not oppose Google's $7.6 billion bid for cybersecurity firm Mandiant, the second-largest acquisition in the company's history.
Australian Mines has agreed to pay a $450,000 penalty to settle proceedings brought by ASIC after its managing director was allegedly caught lying at an investment conference about the value of an offtake agreement and funding for a project at its cobalt and nickel mine in Queensland.
The Full Federal Court has dismissed former Blue Star Helium CEO James Cruickshank's challenge to a $40,000 penalty and four-year ban for failing to disclose to shareholders the identity of the buyer behind a botched sale of Texas oil assets.
Canada-based software company Dye & Durham has offered to divest its Australian business to win the ACCC's blessing for its proposed $2.9 billion acquisition of technology services provider Link Group.
Telstra has agreed to deregister 162 radiocommunications sites after the ACCC expressed concerns the acquisition could stymie competition by hampering the rollout of Optus' 5G network.