The Australian Competition and Consumer initiates proceedings against two egg producing companies and the national industry body for an attempt to induce participation in a cartel (AECL)

This article was originally published on In Competition by King & Wood Mallesons (click here).

ACCC cracks down on eggsplosive cartel attempt* In egg-citing news out of the Federal Court this week, the ACCC has instituted proceedings against two egg producing companies and the industry body Australian Egg Corporation Limited (AECL) for an attempt to induce AECL members to enter into a cartel arrangement. Significantly, the named respondents also include the managing director of AECL and two directors of AECL (each of the two directors were also either a director or a former director of one of the egg producing companies named as a respondent). It appears that the ACCC is naming individuals as respondents more frequently, which could be to increase the deterrent effect of proceedings. The ACCC alleges that: from November 2010, AECL’s board used AECL member publications to

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  • University of New South Wales (Sydney)

Quotation

Jax Arnold, The Australian Competition and Consumer initiates proceedings against two egg producing companies and the national industry body for an attempt to induce participation in a cartel (AECL), 28 May 2014, e-Competitions May 2014, Art. N° 67479

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