Australian Watchdog Loses Gas Price-Fixing Case

Law360, New York (May 30, 2007, 12:00 AM EDT) -- An Australian court has dismissed an antitrust suit against eight petroleum companies and 10 individuals in the Geelong, Victoria area, saying allegations of price-fixing could not be proved.

In a 318-page ruling, Justice Peter Gray of the Federal Court in Melbourne said the Australian Competition and Consumer Commission did not present enough evidence to establish that the Geelong operators illegally set prices by telephone in 1999 and 2000, the Australian reported.

“The overall effect of the evidence in this case is that it is more probable...
To view the full article, register now.