Deloitte, PwC, KPMG, EY

Deloitte, EY, KPMG, PwC probed by ACCC over cartel conduct

The competition regulator is probing the big four consulting firms Deloitte, EY, KPMG and PwC over allegations the firms operate as a cartel, or in an anti-competitive manner, in the way they sell audit and consulting services.

All four firms were contacted by the Australian Competition and Consumer Commission late last year for information, including engagement letters, draft proposals and other notes related to their public sector work, as part of preliminary inquiries to see if a formal investigation into their actions is warranted.

Read more at the Financial Review.

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