In proceedings brought by the ACCC, the Federal Court has found that Meriton Property Services Pty Ltd engaged in misleading or deceptive conduct in relation to reviews of its hotels on the TripAdvisor website by taking steps to prevent guests it suspected would give an unfavourable review from...
After what seems like an interminable period, the majority of competition law reforms recommended by the 2015 Harper Committee review were passed by Federal Parliament in late October. This follows on the passing of long awaited changes to the market power misuse regime, which took effect in August...
ANZ and NAB have struck an eleventh-hour deal with ASIC over its Federal Court action in which it claims that ANZ, NAB and Westpac engaged in unconscionable market conduct in 2010-2012 by manipulating the bank bill swap rate (BBSW), the key interest rate benchmark for interbank lending. ANZ is...
In the first court action by the ACCC to enforce new laws that protect small businesses from unfair contract terms, the Federal Court has declared that eight terms in the standard form contract used by JJ Richards & Sons Pty Ltd (JJ Richards) for its small businesses customers are unfair and...
