NZ parliament debates criminal sanctions for cartels

Friday, 14 October 2011

New Zealand's parliament building in Wellington
New Zealand’s parliament is considering draft legislation to criminalise cartel behaviour.

Critics take shots at US quest for jail time

Monday, 10 October 2011

Criminal penalties under scrutiny
Critics of criminal penalties for price fixing on Friday questioned whether Canada should follow the example set by the US and sentence executives involved in cartels to lengthy stays in prison. Ron Knox in Gatineau

New Zealand releases draft criminalisation bill

Friday, 17 June 2011

New Zealand’s government yesterday released a draft bill proposing the criminalisation of cartel offences.

Mexico gets criminal powers

Premium Article - Monday, 16 May 2011

Mexico’s Federal Competition Commission now has the power to impose criminal sanctions for hard-core cartel offences, following reforms to the country’s competition law last week.

Chile charges pharma executives with cartel crimes

Premium Article - Friday, 18 March 2011

Pharma execs face price-fixing charges
A public prosecutor in Chile has indicted 17 executives of pharmaceutical companies on charges related to alleged price fixing. The conspiracy has been under investigation by the country’s antitrust regulator, the National Economic Prosecutor’s Office (FNE), for years.

NZ pursues criminal cartel policy

Premium Article - Friday, 29 October 2010

New Zealand’s government has announced it will publish a draft bill to help it decide whether to make cartel activity a criminal offence.

OFT official voices support for criminalisation

Premium Article - Friday, 17 September 2010

The UK’s Office of Fair Trading continues to support the country’s criminal cartel regime despite the collapse of its first criminal case against British Airways. Ali Nikpay, the OFT’s senior director of cartels and criminal enforcement, told delegates at the IBA’s 14th annual competition conference, that the OFT has had a “good experience in general” since the implementation of criminal cartel legislation. Faaez Samadi in Florence

Greece reshapes competition authority

Premium Article - Monday, 07 September 2009

Dimitrios Loukas and Assimakis Komninos
A White & Case LLP lawyer and a European Commission cartel specialist today joined the governing body of Greece’s Competition Commission – coinciding with the introduction of the country’s revised competition laws.

Zuma signs competition bill

Premium Article - Friday, 28 August 2009

Just days after encountering criticism for stalling, South Africa’s president, Jacob Zuma, has signed an amendment to the country’s competition act. The bill makes cartel conduct a criminal offence, and provides for prison sentences for executives found guilty.

New Zealand criminalisation papers due in November

Premium Article - Tuesday, 25 August 2009

The governments of Australia and New Zealand say companies that break competition laws will face the same consequences in both countries – including prison sentences for price fixing.

New Zealand steps closer to cartel criminalisation

Premium Article - Wednesday, 19 August 2009

New Zealand's parliament
The government of New Zealand is preparing to open a public consultation to ask competition specialists and business leaders how the country could criminalise cartel behaviour.

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