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ARTICLE · 09 DECEMBER 2008

Anti-Cartel Laws

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The Australian Competition and Consumer Commission ("ACCC") and the Commonwealth Director of Public Prosecutions ("CDPP") have issued their final Memorandum of Understanding in relation to "serious cartel conduct" ("MOU")

AustraliaAntitrust/Competition Law
Brendan Sheehan
Brendan Sheehan
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Since our last E-Alert in relation to the Trade Practices Amendment (Cartel Conduct and other Measures) Bill 2008 ("Bill"), the Australian Competition and Consumer Commission ("ACCC") and the Commonwealth Director of Public Prosecutions ("CDPP") have issued their final Memorandum of Understanding in relation to "serious cartel conduct" ("MOU") and, on 3 December 2008, the Bill was introduced into the House of Representatives and received its second reading speech.

The anti-overlap provisions are now included in the Bill

In our E-Alert dated 20 November 2008, we informed you that the Bill proposes to create two new criminal offences and two new civil cartel offences in Part IV of the Trade Practices Act 1974 (Cth) ("Act").

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