Cartel Execs Will Be Put Behind Bars, ACCC Warns

Law360, New York (July 9, 2009, 12:00 AM EDT) -- New, tougher provisions in Australian competition law mean that lawyers will be hard-pressed to keep executives involved in serious cartel activity out of jail, the head of the Australian Competition and Consumer Commission warned Wednesday.

Executives involved in serious cartel activity will get jail time beginning July 24, following amendments to Australian competition law, ACCC Chairman Graeme Samuel said in an address to a meeting of the American Chamber of Commerce in Sydney.

No amount of legal wrangling by counsel will spare guilty executives hard time,...
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