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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Politics
6 mins to read

Directors beware: engaging in cartel conduct could land you in jail

Criminalising cartel behaviour puts ‘backbone in that whole regime’, minister says.

Brent Edwards Tue, 13 Apr 2021

The government is hoping tougher penalties will dissuade firms and their directors from engaging in cartel behaviour.

From last week legislation that was passed two years ago came into effect, criminalising cartel behaviour and introducing a maximum sentence of seven years in jail.

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Brent Edwards Tue, 13 Apr 2021
Contact the Writer: brent@nbr.co.nz
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Directors beware: engaging in cartel conduct could land you in jail
Politics,
86993
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