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ARTICLE · 04 DECEMBER 2023

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Cartel conduct in Australia

Criminal Defence Lawyers Australia
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Cartel conduct is a crime which occurs when businesses agree to act together instead of competing against one another.

AustraliaCriminal Law
Poppy Morandin
Poppy Morandin
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KEY TAKEAWAYS

Cartel conduct is a crime in Australia which occurs when businesses agree to act together instead of competing against one another in order to increase members' profits. Cartel conduct falls within four main categories, namely, fixing the prices of goods or services, rigging bids, sharing markets, and controlling the amount of available goods or services. The offence of cartel conduct carries penalties of up to 10 years imprisonment and/or $10 million according to the competition laws, namely the Competition and Consumer Act 2010 (Cth).

In Australia, participating in cartel conduct is a criminal offence, with individuals and businesses involved risking significant fines and jail terms. For specific advice, we recommend speaking to white collar crime lawyers.

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