K-LINE RECEIVES A RECORD $34.5M FINE FOR CRIMINAL CARTEL CONDUCT

Kawasaki Kisen Kaisha Ltd (K-Line) has received the largest criminal fine imposed under the Competition and Consumer Act, after pleading guilty to criminal cartel conduct in 2018. Justice Wigney of the Federal Court stated that the penalty “should send a powerful message to multinational corporations” and that “anti-competitive conduct will not be tolerated”. It is … Read more

European Commission introduces online tool for the submission of evidence in cartel (leniency and settlement) and non-cartel cooperation proceedings

On 19 March 2019, the European Commission (the “Commission“) launched an online tool to enable companies and their legal representatives to submit statements and documents electronically in the context of certain EU competition law proceedings (see Commission press release here; and the Commission’s eLeniency webpage here). The rationale underpinning the so-called “eLeniency” platform is to make the … Read more