All tagged criminal cartels
What is criminal cartel conduct? It can generally be described as an agreement between business competitors to act together rather than in competition with each other to do such things as fix prices, share markets, rig bids and to limit supply to consumers. The ACCC offers immunity for reporting of criminal cartel conduct. Read on to find out more.
In March 2019, the Federal Government announced funding of $35 million to support the expansion of the Federal Court into corporate crime. It is anticipated that there will a large increase in the investigation and prosecution of corporate crime as a result of the Royal Commission into Misconduct in Banking, Superannuation and Financial Services Industry and ASIC’s renewed vigour and focus on litigation.
