Apple Ordered To Allow Rival App Stores In Australia

By Garry West

The Federal Court of Australia ordered Apple on Thursday to loosen its control over app distribution and payments in the country after finding that it and Google abused their market power.

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TGA Says Montu Posts Breached Cannabis Advertising Ban

By Daniel Wilson

Medicinal cannabis company Montu and subsidiary Alternaleaf breached advertising laws by promoting prescription cannabis as "plant medicine" online, the Therapeutic Goods Administration told the Federal Court on Thursday.

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Meta Faces Australian Class Action On Alleged Teen Harms

By Esther Linder

Global tech giant Meta has been hit with a class action led by MinterEllison alleging its platforms have done harm to children and teens, in the first Australian class action against a social media company after the US $24 billion settlement on similar grounds.

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CSL Faces Shareholder Class Action Over Profit Forecasts

By Harlan Ockey

CSL has been sued in a shareholder class action alleging it misled investors by maintaining earnings forecasts despite knowing, or having reason to know, that problems in its blood plasma-derived therapies business made the targets unlikely to be met.

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KPMG Government Contract Ban Extended On Ethics Failings

By Esther Linder

The Department of Finance has extended a ban on KPMG Australia bidding for Commonwealth contracts until February 2027 and will monitor its governance reforms for three years, after an independent review published Thursday found the firm "mishandled" a whistleblower matter and identified "failures of leadership, culture, governance and accountability."

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J&J Units Sue Nova Over Alleged Patent Infringement

By Olivia Thomson

Two Johnson & Johnson subsidiaries have sued Nova Pharmaceuticals Australasia over two treatments that allegedly infringe a patent of one of the units, Actelion, claiming the rival threatened to market and supply the products in Australia before the patent expires.

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