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 all jurisdictions with developed anti-trust laws including Australia. The ACCC...

The current system for imposition and collection of fines in Australia is significantly flawed. Fines are often inappropriately imposed/not imposed, inequitable, have high default rates and are expensive to enforce. This paper suggests an alternative scheme for the enforcement and collection of fines, a Fine Enforcement Collection Scheme (FECS), based on the principles underlying the...