Letter to MED from Phil O'Reilly - Business New Zealand regarding the discussion document released for submitters to comment on entitled Cartel Criminalisation.
This article examines parallel civil and criminal prohibitions on output restrictions which came into force on 24 July 2009, extending the previous law in ss 45, 4D and 45A of the Trade Practices Act 1974.
This discussion document explores what can be done to deter and detect cartels better. It comes to the preliminary conclusion that there is a case for criminalisation.