The ACCC has continued its push for high penalties (including jail terms) for people found guilty of anti-competitive conduct following the recent decision on petrol price fixing in the Ballarat area.
Pecuniary penalties totalling
$23.305 million were ordered by the Federal Court for
price-fixing conduct in the Ballarat petrol market.The ACCC instituted proceedings against 16 respondents.
However there is concern that some of the respondents are insolvent.