ACCC cardboard case adjourned

The ACCC alleges that between 2000 and late 2004 Visy entered into and gave effect to anti-competitive arrangements with its principal competitor Amcor Ltd in the supply, throughout Australia, of corrugated fibreboard containers.

The ACCC announced immunity for Amcor in accordance with the terms of its Leniency Policy for Cartel Conduct. As part of the grant of its immunity, Amcor must continue to assist the ACCC in relation to its investigation and proceedings.

If found guilty by the ACCC, Visy faces penalties of up to $10m for each breach, and individuals can be penalised up to $500,000.

The case is being heard by Justice Peter Heery.

Comment below to have your say on this story.

If you have a news story or tip-off, get in touch at editorial@sprinter.com.au.  

Sign up to the Sprinter newsletter

Leave a comment:

Your email address will not be published. All fields are required

Advertisement

Subscribe To Our Newsletter

Join our mailing list to receive the latest news and updates from our team.
Advertisement