Tag · 2 stories
#Cartel
Locked ◆
Australia’s Competition law penalties may be too low to sufficiently deter breaches: report
The OECD has found that penalties for competition law breaches are ‘significantly lower’ in Australia than in comparable OECD jurisdictions, prompting the nation’s competition regulator to announce it will rethink its approach to competition law enforcement. The OECD report, Pecuniary Penalties for Competition Law Infringements in Australia(link is external) compared the penalties for companies which breach […]
James Harkness · 2 min
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Legal ◆
WA air conditioning cartel prosecuted : $9M penalties
The Federal Court in Perth last week handed down its final orders in the long running Western Australian air conditioning cartel case which had involved bid-rigging and price fixing on projects valued at over $100 million.
David Olsen · 2 min