Cartels

On 30 August 2012, the ACCC released “The Marker” – a short film giving a dramatic representation of the devastating effects that participation in a cartel can have on the businesses and individuals involved (see...

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Two more shots in the supermarket war

August 28, 2012 | 0 Comments

Two reports released last week attack the supermarket majors for anti-competitive practices, returning the focus to the ACCC’s consideration of groceries and adding to calls for a formal investigation. The peak employer organisation for independent...

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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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Belts and braces

August 14, 2012 | 0 Comments

After conducting dawn raids in the wire harnesses sector in February 2010, the European Commission has now opened a formal investigation.  The decision, on 9 August 2012, permits the EC to assume authority from national...

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The confectionary wars continue – this time before the competition authorities …. Mars GmbH applied to the German Bundeskartellamt for leniency and avoided any fine, but Gummi producer Haribo and two other branded confectioners have...

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It is clear that thistle be a year in which companies operating in Malaysia will need to adapt to new ways of doing business as they prepare for a new era in competition law. A...

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On 20 June, the Competition Commission of India (“CCI”) took the (Brahman?) bull by the horns and imposed a record fine of 6,307 crore (approx. US$1.1 billion) on 11 cement companies, as well as the...

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On 26 June 2012, Cruz Villalón, an advocate general of the European Court of Justice, issued an opinion before the European Court of Justice that the European Commission can claim damages from cartelists in its...

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The FTC has withdrawn a 2003 policy statement that limited equitable monetary remedies for antitrust contraventions to only “exceptional cases”.  In a 4-1 decision on 31 July 2012 , the FTC has said it will...

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The ACCC steps in to help us bag a bargain

June 13, 2012 | 0 Comments

Australian consumers, like consumers in many other countries, love to shop online.  Web-savvy fashion moguls can navigate the world’s virtual shopping mall and locate their favourite pieces within a matter of minutes – and often...

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