Produced to assist government procurement professionals understand cartel behaviour, this guide considers some steps that might be taken to maximise competition and save money, while also disrupting the possible operation of cartels by suppliers.
The government should reconsider the introduction of a 10-year jail sentence, on top of already significant financial penalties for cartels, as they are not as economically damaging as is being claimed, argues this paper.
In this speech to the Economics Society of Australia's detection of cartels symposium, the ACC chair Graeme Samuel says that the OECD's conclusion in 2002 that cartels are the most 'egregious violations of competition law' explains why the fight against cartels is given priority in...
Speech by ACCC chair, Graeme Samuel, to the International Competition Enforcement Conference, Tokyo. Cartel activity will not be deterred if the potential penalties are perceived by firms and their executives to be outweighed by the potential rewards. Under Australia's existing penalty regime, there was a...