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ACCC accuses Aldi produce suppliers of engaging in cartel conduct
Competition & Consumer Protection 2025-09-01 2:19 pm By Cat Fredenburgh

The ACCC has accused four produce suppliers and three senior executives of fixing prices on vegetables supplied to discount grocery chain Aldi over a six-year period.

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Mastercard can’t shield in-house counsel’s communications in ACCC case
Financial Services 2025-09-01 11:03 pm By Cindy Cameronne

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. 

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BlueScope loses appeal in ACCC’s attempted price-fixing case
Competition & Consumer Protection 2025-08-29 12:35 pm By Christine Caulfield

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.

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Noni B owner to cop $25M penalty for delivery time promises
Competition & Consumer Protection 2025-08-28 11:44 pm By Cat Fredenburgh

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.

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ASIC cancels MWL Financial’s licence over Shield Master Fund investments
Financial Services 2025-08-28 11:12 pm By Cat Fredenburgh

The corporate cop has cancelled the financial services licence of MWL Financial and banned its director for 10 years for allegedly directing more than 750 clients to invest a combined $155 million into Keystone’s failed Shield Master Fund.

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Nuix must foot $20M in legal bills given ‘notorious’ costs of securities class actions: judge
Insurance 2025-08-27 11:31 pm By Cat Fredenburgh

Nuix is on the hook for $20 million before its insurers will cover its legal bills for suits over its $1.8 billion float, with a judge saying there was a good reason for the significant retention given the “notorious” expense of securities class actions.

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TerraCom hit with $7.5M penalty in ASIC whistleblower case
ASIC 2025-08-27 11:55 pm By Christine Caulfield

A judge has hit coal producer TerraCom with a $7.5 million penalty in ASIC proceedings alleging it made misleading statements to the market that damaged a whistleblower’s reputation. 

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RAMS accuses class action of trying to ‘hijack’ ASIC case
Class Actions 2025-08-26 11:43 pm By Julia Kanapathippillai

Westpac’s defunct mortgage unit RAMS has accused a class action by former franchisees of attempting to “hijack” civil penalty proceedings by the corporate regulator by seeking to intervene in the case.

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ASIC takes Equity Trustees to court over Keystone’s defunct Shield fund
Financial Services 2025-08-26 1:11 pm By Christine Caulfield

The corporate regulator has brought its first action targeting a superannuation trustee as part of a wide-ranging investigation to claw back $480 million pumped into Keystone’s failed Shield Master Fund.

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Coles, Woolworths class actions ‘put to sleep’ until ACCC trial
Competition & Consumer Protection 2025-08-25 11:01 pm By Cindy Cameronne

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. 

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