Australia's competition minister 'open to simplification' of cartel laws

By Laurel Henning ( August 9, 2022, 03:22 GMT | Insight) -- The dropping of criminal-cartel charges against Australia & New Zealand Banking Group, Citigroup Global Markets Australia and Deutsche Bank, as well as six executives associated with the companies last year led to calls from some lawyers for criminal-cartel laws to be simplified. It’s something the country’s new competition minister has told MLex he’s open to “if the problem persists,” but that Australia’s competition regulator has said it wants more time to test the measures before the courts.The dropping of criminal-cartel charges against Australia & New Zealand Banking Group, Citigroup Global Markets Australia and Deutsche Bank, as well as six executives associated with the companies last year led to calls from some lawyers for criminal-cartel laws to be simplified....

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Australia's competition minister 'open to simplification' of cartel laws

Prepare for tomorrow’s regulatory change, today

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