The Australian Federal Court of Sidney imposes fines of $485,000 for cartel behaviour involving price fixing and boycotts on the scrap metal market (NSW)

$485,000 penalties for NSW scrap metal bid-rigging cartel* Five companies and nine individuals have been penalised a total of $485,000 for cartel behaviour involving price fixing and boycotts in the NSW scrap metal market in orders handed down today by Justice Annabel Bennett of the Federal Court, Sydney. Costs of more than $100,000 have also been ordered. The Australian Competition and Consumer Commission began proceedings in December 2001 alleging that

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Australian Competition Authority, The Australian Federal Court of Sidney imposes fines of $485,000 for cartel behaviour involving price fixing and boycotts on the scrap metal market (NSW), 9 December 2004, e-Competitions Bulletin December 2004, Art. N° 57705

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