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BlueScope appeal could overturn Australian court's influential 'attempt to induce' ruling

By James Panichi and Ryan Cropp ( April 8, 2024, 08:15 GMT | Insight) -- A landmark Australian court ruling that found BlueScope Steel had attempted to lure rivals into a price-fixing arrangement despite never seeking an explicit undertaking is being challenged on the grounds that the law requires a clear assurance by at least one of the parties. In an appeal lodged with the Federal Court of Australia and seen by MLex, lawyers for BlueScope said the December 2022 ruling by a trial judge should be overturned, based on the judge’s interpretation error of what constitutes an arrangement or an understanding to establish a cartel.A landmark Australian court ruling that found BlueScope Steel had attempted to lure rivals into a price-fixing arrangement despite never seeking an explicit undertaking is being challenged on the grounds that the law requires a clear assurance by at least one of the parties....

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