Business
Cartel case loss exposes holes in ACCC banking prosecution – The Australian Financial Review
Experts warn the competition watchdog’s resounding defeat in its first contested criminal cartel prosecution does not bode well for its landmark banking cartel…
It was the first time that these immunity protections which were developed with the Commonwealth prosecutor in 2008 when Justice Robert Bromwich, who presided over the Country Care case, was at its helm and criminal cartel provisions had been put to the test, after three prior prosecutions ended with guilty pleas before trial.
A lot of people having seen this are going, jeez, has the ACCC really got its head around whats needed to prosecute a case like this? Professor Legg said.
It effectively got…
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