Competition Law

Criminal sanctions: an important weapon in the fight against cartel activity

As of 1 May 2016, competition law in South Africa will be strengthened when the criminalisation of hard core cartel activity becomes a reality.  This amendment to the Competition Act makes it an offence for company directors or persons in a position of management authority to engage in or “knowingly acquiesce” in cartel conduct and brings competition law in line with other jurisdictions such as the United States and more recently, Australia and the United Kingdom. Read more

New Zealand: Cartel criminalisation cancelled

The government announced on December 8, 2015 that cartel conduct will not be criminalised under the proposed Commerce (cartels and other matters) Amendment Bill (known as the Cartels Bill).