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The ACCC has expressed concerns about the proposed merger of telecoms TPG and Vodafone, saying the deal could substantially lessen competition and lead to higher-priced mobile plans.
ACCC probes abuse of dominance case over third-party apps
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Digital ad startup Unlockd was forced to drop its competition lawsuit against Google in October after entering administration, but the issue may yet be revived by the regulator, which has revealed a misuse of market power probe is underway, and it has the contours of the startup’s case.
Network 10 drops Boss name after legal action by Fairfax
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A month after Network 10 vowed to fiercely defend against a trade mark infringement case by Fairfax Media over its new ’10 Boss’ logo, the TV broadcaster has agreed to drop the name.
Takata air bag class actions can claim car makers’ silence was deceptive
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Seven class actions against auto makers that sold cars equipped with defective Takata airbags can allege the car makers’ silence constituted misleading and deceptive conduct.
UK-based retailer fined for misleading Aussie customers about refund rights
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The Australian Competition and Consumer Commission has fined online sporting goods retailer Wiggle $12,600 after the company admitted it likely misled consumers about their rights regarding faulty products.
Penalties in VW class actions could be ‘horrendous’, judge says
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A judge has expressed skepticism of Bannister Law’s plan to hire powerhouse US lawyer Kenneth Feinberg, who oversaw the September 11th victims compensation and BP oil spill funds, to mediate class actions against Volkwagen over its emissions cheating scandal, saying the car maker had shown no interest in settling despite the risk of “horrendous” penalties.
Court approves $6.7M settlement in MacMahon class action
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A judge has signed off on a $6.7 million settlement in a shareholder class action against mining firm MacMahon Holdings that will see group members get $2.4 million, or 35 per cent, of the total sum.
In defeat for IP Australia, Rokt wins patent for computer software
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Rokt has won its bid to patent a digital advertising system, the first major court victory in one of three challenges to IP Australia’s stance on the patentability of computer software.
ASIC won’t eavesdrop on ex-Rio Tinto execs’ US depositions
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The Australian Securities and Investments Commission has promised it will stay away from the depositions of two former Rio Tinto executives in proceedings underway in the US, as it pursues a parallel case over allegedly misleading market statements the mining company made about the reserves of a $4 billion coal acquisition.
ASIC suffers another loss in Westpac dodgy home loan case
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The Australian Securities and Investments Commission has lost a bid to have the Federal Court decide a threshold legal question in its dodgy home loan case against Westpac, which is going to trial after a $35 million settlement got the thumbs down.