The Australian Competition and Consumer Commission has rejected a behavioural undertaking from Google intended to assuage the regulator’s competition concerns about its planned $3 billion acquisition of fitness device company Fitbit, saying it would be challenging to monitor and enforce.
Class action report pitches major reforms
The latest inquiry report into class actions has put forward a suite of recommendations that would remake the class action regime by empowering the Federal Court to vary litigation funding agreements, requiring judges to hold class action beauty parades and making permanent the government’s temporary changes to continuous disclosure laws.