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BlueScope Steel loses Australian appeal in Asia-wide attempted price fixing

By James Panichi and Saloni Sinha ( August 29, 2025, 02:19 GMT | Insight) -- Australia’s BlueScope Steel has lost its attempt to have a cartel ruling against it and one of its senior managers overturned, with a court confirming an earlier ruling that the company had attempted to fix prices for the distribution of steel products in the country. The Federal Court of Australia appeals panel today dismissed BlueScope’s appeal against a 2022 ruling, delivering another significant win for the Australian Competition & Consumer Commission, which filed the lawsuit against the steel manufacturer and distributor.BlueScope Steel has lost its attempt to have a cartel ruling against it and one of its senior managers overturned, with a court confirming an earlier ruling that the company had attempted to fix prices for the distribution of steel products in Australia....

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