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Comment: Australia's competition chief cleans house on cartel immunity rules

By Ryan Cropp and James Panichi ( June 6, 2024, 06:47 GMT | Comment) -- The collapse of a high-profile banking cartel prosecution in 2022 has long been a source of discomfort for Australia’s competition watchdog over revelations of flaws in its investigation. But if recent signs are anything to go by, the regulator is keen to learn from its mistakes. In particular, new draft cartel-immunity guidelines published late last month appear designed to address two of the key problems with the way the Australian Competition & Consumer Commission prepared that case.In February 2022, Australia’s competition watchdog was in the mood for self-reflection....

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