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Telstra Ad Plan Opposed By Key Councils

Jack Gramenz June 19, 2019 No Comments

Telstra’s plans to chase down new revenue streams including advertising on payphones and Wi-Fi hotspots has been hindered by Sydney and Melbourne Councils joining forces in a federal court action…

UPDATED:JB Hi Fi & Bing Lee Stores Attacked By African Gangs, Five Arrested

David Richards June 10, 2019 No Comments

Five youths have been arrested in Sydney after NSW Police set up a special strike force investigating blitz-style shoplifting by African teens in JB Hi Fi and Big Lee stores.…

Afterpay In Regulator Crosshairs Over Compliance Issues

Jack Gramenz June 7, 2019 No Comments

Buy-now-pay-later provider Afterpay has revealed federal regulators have raised issues over the potential for terrorism funding and money-laundering. Afterpay provided an update to the ASX yesterday, revealing it is “appointing…

False Claims Cost Jetstar $2M In ACCC Fines

Jack Gramenz May 30, 2019 No Comments

Qantas backed budget airline Jetstar has been fined almost A$2-million after deceiving customers and violating Australian Consumer Law. The Federal Court found Jetstar made false representations about the rights and…

Telstra 5G Partner Appealing Competition Ruling

Jack Gramenz May 23, 2019 No Comments

US chipmaker Qualcomm is seeking support from the Trump administration in its appeal against a ruling by the US Federal Trade Commission. Bloomberg reports US District Judge Lucy Koh ruled…

ACCC Regrets TPG-Vodafone Early Announcement

Jack Gramenz May 16, 2019 No Comments

The Australian Competition and Consumer Commission has blamed a computer glitch for the premature announcement of its decision to block a $15 billion merger between Vodafone and TPG that sent…

ACCC Calls For Merger Law Review After Fresh Loss

Jack Gramenz May 16, 2019 No Comments

Australian Competition and Consumer Commission chairman Rod Sims said the handling of mergers needs a “rethink”, a week after knocking back the TPG-Vodafone merger because of dubious claims over competition.…

Alibaba Pays $250m Over Lawsuit

Computer Daily News May 1, 2019 No Comments

Alibaba will pay US$250 million to settle a US lawsuit after the Chinese e-commerce company concealed a regulatory warning about counterfeiting before its 2014 IPO. The lawsuit accused Alibaba of…

ACCC: Aussies Swindled Nearly Half A Billion

Jack Gramenz April 29, 2019 No Comments

Australians were scammed out of almost half a billion dollars last year according to new figures released by the Australian Consumer & Competition Commission (ACCC). The Targeting Scams Report, released…

World’s Biggest Asset Management Group Buy Into Kogan After Retailer Slammed

David Richards April 5, 2019 No Comments

Hours after the largest asset management Company in the world, Black Rock Group purchased 4 million shares in online operator Kogan the NSW department of Fair Trading slammed Kogan declaring…