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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Law
2 mins to read

Aussie cartel jail sentences a wake up call for NZ business

Where Australian competition law goes, New Zealand tends to follow.

An Australian court has imposed jail sentences on members of a cartel that engaged in price fixing.

The first jail sentences for cartel conduct in Australia are a timely reminder that engaging in cartel conduct can now lead to prison time in New Zealand as well, a competition lawyer says.

Earlier this month, an Australian court sentenced four people to jail time ranging between nine months and two

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Hamish McNicol Wed, 22 Jun 2022
Contact the Writer: Hmcnicol@nbr.co.nz
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Aussie cartel jail sentences a wake up call for NZ business
Law,
94535
true