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Covid-19 pandemic no excuse to go backwards on competition, Australian regulator says

By Laurel Henning* ( June 4, 2021, 03:44 GMT | Insight) -- The Covid-19 pandemic shouldn’t be used as an excuse for companies, or markets to go backwards on competition, Australia’s top competition official has said, as the regulator commits to focus on cartel conduct. Speaking to an online conference this week, Rod Sims, the chairman of the Australian Competition & Consumer Commission said the regulator was making sure that companies’ mindset during the pandemic doesn’t evolve into cartel activity or anticompetitive action by companies against weaker competitors.The Covid-19 pandemic shouldn’t be used as an excuse for companies, or markets to go backwards on competition, Australia’s top competition official has said, as the regulator commits to focus on cartel conduct....

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