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Canberra Today 13°/17° | Friday, March 29, 2024 | Digital Edition | Crossword & Sudoku

ACCC investigating cartel behaviour in Canberra’s construction industry

rod sims

THE Australian Competition and Consumer Commission (ACCC) is aware of serious allegations and evidence presented to the Royal Commission into Trade Union Governance and Corruption concerning alleged cartel conduct in the construction industry in Canberra, particularly concreting and scaffolding.

“Cartel conduct such as price fixing, anti-competitive agreements and attempts to bring about collusive arrangements are matters of grave concern to the ACCC,” ACCC Chairman Rod Sims said.

“The ACCC will be looking closely at the allegations. Our enquires will be conducted by the specialist team we have recently established to look at similar allegations in the construction industry arising from the Royal Commission into Trade Union Governance and Corruption.

“I urge anyone with information about these issues to contact the ACCC’s cartel immunity hotline on (02) 9230 3894 or CartelImmunity@accc.gov.au (link sends e-mail).

“Under the Competition and Consumer Act (2010) there are civil and criminal penalties for cartel conduct. The ACCC does not generally comment on its investigations, but considered it was appropriate in this case due to the public nature of the allegations. The ACCC will not comment further on these matters as our enquiries are underway.”

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