Sentences with phrase «pecuniary penalties in»

This decision has significant implications for the existing common practice of the Australian Competition and Consumer Commission (ACCC) and respondents to make agreed joint submissions as to appropriate pecuniary penalties in competition law cases.

(para 14) His Honour concluded: «The mere fact that Flight Centre was required to pay the pecuniary penalty in accordance with the order made by the primary judge was not enough, in my opinion, to warrant a stay.

Justice Edmonds imposed a pecuniary penalty in the sum of $ 3 million on NSK relating to contraventions of s 45 (2)(making and giving effect to price fixing conduct in relation to ball bearings).

Not exact matches

In a mark of the allegation's seriousness, the ACCC is seeking pecuniary penalties, which could run to as high as $ 10 million or 10 per cent of each company's annual turnover, against Woolworths, Colgage - Palmolive and Cussons.

Rebecca Ananian - Welsh and Kate Gover, «Before the High Court: Commonwealth v Director, Fair Work Building Industry Inspectorate: The End of Penalty Agreements in Civil Pecuniary Penalty Schemes?

Two of the authors of the OECD, Pecuniary Penalties for Competition Law Infringements in Australia (26 March 2018) report, Sean Ennis and Pedro Carodesousa, presented their work at the Melbourne Law School's Competition Law and Economics Network discussion group today March.

The report concludes that «Australia is an outlier» in relation to «how low the pecuniary penalties it imposes are by comparison to all other systems».

In particular, the report details the different approach Australia takes to determining pecuniary penalties when compared with other jurisdictions.

A new podcast has been published featuring Prof Caron Beaton - Wells (Director, Competition Law and Economics Network, Melbourne Law School) and authors of the recent OECD Report on Pecuniary Penalties for Competition Law Infringements in Australia, Sean Ennis and Pedro Caro de Sousa.

The severe penalty at stake required a strict interpretation of the threshold of how pecuniary interest is defined, as it is not defined in the Act itself.