Companies

Apple has rejected claims that it misused its market power by pulling Epic Games' popular Fortnite game from its App Store and says the move did not affect the game developer's business because most of its revenue comes from other platforms.

A senior ACCC officer was probed Tuesday on whether the competition regulator updated its guidelines for taking witness statements in July in response to criticism of investigators' methods in the cartel probe over ANZ's $2.5 billion share placement.

Professional services giant PricewaterhouseCoopers has hit back at a class action over a $50 million prospectus for Axsesstoday, filing a cross-claim against the asset finance lender and saying it “takes no responsibility” for allegedly defective offer documents.

The Australia and New Zealand Banking Group has been hit with a class action for having “unfair” terms in its credit card contracts that allegedly gave the bank the right to charge account holders retrospective interest.

Mazda's treatment of customers with defective vehicles was "appalling" and its statements about their entitlement to a refund were false or misleading, a judge has found in a partial win for the ACCC.

Banking giant Westpac has admitted to allegations in six new cases by the Australian Securities and Investments Commission alleging widespread compliance failures across multiple businesses, and will agree to pay a combined $100 million penalty.

Google has hit back at the ACCC’s case accusing it of misleading users about a change to its privacy policy, saying laws against misleading and deceptive conduct do not apply to those who did not read the notification about the change.

Apple and Google's legal woes in Australia are set to worsen, with a leading class action firm preparing to file class actions against the Silicon Valley giants for alleged competition and consumer law violations.

Former Slater & Gordon managing director Andrew Grech has told the Federal Court he regretted his "catastrophic error" in approving the $1.2 billion acquisition of Quindell's professional services division, which resulted in massive losses for the plaintiffs law firm.

Law firm Arnold Bloch Leibler will part with $28 million in its settlement with Slater & Gordon shareholders over advice ahead of the plaintiffs firm's disastrous $1.2 billion Quindell acquisition.