Criminal charges against banking 'cartels' show Australia is getting tough on competition law
- Written by Barbora Jedlickova, Lecturer, School of Law, The University of Queensland
A two-year probe by Australia’s consumer watchdog has resulted in criminal charges against ANZ, Citigroup and Deutsche Bank, as well as six of their senior executives, over alleged “cartel-like” behaviour.
The case, brought by the Commonwealth Director of Public Prosecutions (CDPP) after an investigation by the Australian...
