Pursue individuals 'harshly' in cartel cases, ComCom told

Thu, 25 Jul 2019

By Gavin Evans July 26 (BusinessDesk) - The Commerce Commission should pursue cartel prosecutions against individuals “harshly” if it wants to achieve the greatest deterrence using new powers coming into effect in 2021, a visiting regulator says. Brent Snyder, previously head of criminal enforcement in the antitrust division of the US Department of Justice, says the scale of fines against firms involved in price-fixing or other anti-competitive behaviour is important but not the only deterrent. Prosecution brings other consequences, in...

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