TasPorts agrees it misused market power, but won’t pay penalty in ACCC case

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The ACCC has secured a misuse of market power declaration against Tasmanian government-owned TasPorts in the regulator’s first action under amended competition laws, but the ports company will not pay a penalty as part of an agreement to resolve the case.

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Crown class action can access Vic gaming watchdog’s interviews with employees

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A shareholder class action against Crown Resorts can access transcripts of interviews conducted by the Victorian gaming regulator with former top brass and two Crown employees who were arrested in China in 2016 as part of a crackdown on gambling

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Pharmacor takes aim at Novartis patents for MS drug Gilenya

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Generic drug company Pharmacor has fired back in a patent lawsuit by Novartis, filing a cross-claim seeking to invalidate the Swiss drug giant’s patents for its blockbuster MS drug Gilenya.

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Monash IVF faces potential class action over ‘ineffective’ genetic tests

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Costly add-on therapies sold by Monash IVF to thousands of women undergoing IVF — including pre-implantation genetic testing — are the targets of a new class action investigation.

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Forge liquidators can expand insider trading case against Clough, directors

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The liquidators of Forge Group have won court approval to expand their insider trading case against construction company Clough over the $187 million sale of its stake in the failed engineering and construction firm.

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AUSTRAC orders Australian Military Bank to improve anti-money laundering compliance

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AUSTRAC has taken enforcement action against military lender Australian Military Bank after accusing the bank of violating anti-money laundering, counter-terrorism finance laws.

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YouTuber Jordan Shanks says NSW Deputy Premier threatened to sue for defamation

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NSW Deputy Premier John Barilaro is allegedly threatening to sue YouTuber Jordan Shanks for defamation over videos which allegedly implied he acted corruptly and engaged in a destructive campaign to make koalas extinct.

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