The Australian Federal Court imposes fines of $2 million on the participants in a bearings cartel (Koyo)

$2 million penalty for bearings cartel* The Federal Court has made orders by consent against Koyo Australia Pty Ltd ordering it to pay penalties of $2 million following action by the Australian Competition and Consumer Commission. The Court found

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Australian Competition Authority, The Australian Federal Court imposes fines of $2 million on the participants in a bearings cartel (Koyo), 18 October 2013, e-Competitions Bulletin Commitment Decisions, Art. N° 58210

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