Sector: Oil & gas

ACCC’s big week of penalties

May 7, 2016 | 0 Comments

The past week has seen the Federal Court of Australia hand down pecuniary penalties in five different matters – bringing a total of $38 million for the ACCC. These penalties were ordered against a backdrop...

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ACCC opens up a new coalface

May 29, 2015 | 0 Comments

ACCC brings cartel case against Obeids ...

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The US Department of Justice had one fine year fighting cartels in 2014, with its Antitrust Division collecting $1.861 billion in criminal fines and penalties for the fiscal year ending 30 September 2014. The Department’s...

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The ACCC forks out more penalties…

October 27, 2014 | 0 Comments

The Federal Court has by consent ordered penalties totalling $8.3 million against Renegade Gas Pty Ltd (trading as Supagas NSW) (Renegade Gas), Speed-E-Gas (NSW) Pty Ltd (Speed-E-Gas), and three current and former senior officers of those...

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In two separate investigations, the European Commission (EC) has conducted dawn raids on the oil and sugar industries for suspected price fixing and cartel conduct. On 14 May 2013, the EC conducted dawn raids on...

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ACCC all gassed up and ready to go!

August 24, 2012 | 0 Comments

Rod Sims has stuck to his guns when he said that cartels are one of the ACCC’s 2012 enforcement priorities.   Just yesterday, the ACCC instituted civil proceedings in the Federal Court against two gas supply...

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