Dramatic price rises alerted Australian regulator to criminal cartel, court ruling reveals
By Saloni Sinha ( February 26, 2024, 06:38 GMT | Insight) -- Complaints over price hikes in the waste-management sector prompted Australia’s competition watchdog to launch its inquiry into Bingo Industries and Aussie Skips that culminated in criminal-cartel convictions last week, court rulings have revealed. In a statement published last week, the ACCC said its investigation began in June 2019 after it received complaints concerning price increases that came into effect from July 1, 2019, after the introduction of a waste levy by the government of the northeastern state of Queensland.Complaints over price hikes in the waste-management sector prompted Australia’s competition watchdog to launch its inquiry into Bingo Industries and Aussie Skips that culminated in criminal-cartel convictions last week, court rulings have revealed....
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