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ARTICLE · 02 JULY 2015

ACCC gears up for Mount Penny cartel case

Clayton Utz
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ACCC opts to pursue a civil case in relation to alleged domestic bid rigging conduct involving the Obeid brothers in NSW.

AustraliaAntitrust/Competition Law
Mihkel Wilding
Mihkel Wilding
Douglas Thompson
Douglas Thompson
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Key Points:

ACCC opts to pursue a civil case in relation to alleged domestic bid rigging conduct involving the Obeid brothers.

Stopping cartel conduct is a key ACCC enforcement priority, and part of that is the public interest in ensuring that government or public tender processes are not undermined by bid rigging or other cartel conduct.

The ACCC's latest enforcement action is court proceedings in the Federal Court against 11 respondents, including Moses and Paul Obeid for alleged bid rigging conduct in relation to the Mt Penny coal exploration licence which was the subject of proceedings before the New South Wales Independent Commission against Corruption (ICAC) in 2013.

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