Abstract

http://ssrn.com/abstract=1406803
 


 



Criminalising Cartels: Australia's Slow Conversion


Caron Beaton-Wells


Melbourne Law School

May, 18 2009

World Competition, Vol. 31, No. 2, 2008
U of Melbourne Legal Studies Research Paper No. 395

Abstract:     
Australia is set to become the latest in a growing number of countries to join the United States' "coalition of the willing" with respect to the criminalisation of serious cartel conduct. However, there are emerging questions as to whether criminalisation has sufficient support amongst key stakeholders in countries outside of the United States so as to guarantee its effective implementation. This article argues that for any new criminal regime to be successful in deterring serious cartel conduct such support, from the regulator, government, business sector, general public, judiciary and academia, will be vital. It considers the extent to which cartel criminalistion enjoys the support of each of these groups currently in Australia and finds that with the exception of the regulator and the new government, it may be questionable, at best. The findings reported in the article provide insight into the impetus for, and process of, the criminalistion initiative in Australia and have important practical consequences for the effectiveness of the future regime. Of international concern, they also suggest the need for caution in assuming the successful exportation of the American model of anti-cartel law enforcement.

Number of Pages in PDF File: 30

Keywords: antitrust, cartels, criminal law, regulation

JEL Classification: K14, K21, K49

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Date posted: May 21, 2009  

Suggested Citation

Beaton-Wells, Caron, Criminalising Cartels: Australia's Slow Conversion (May, 18 2009). World Competition, Vol. 31, No. 2, 2008; U of Melbourne Legal Studies Research Paper No. 395. Available at SSRN: http://ssrn.com/abstract=1406803

Contact Information

Caron Y. Beaton Wells (Contact Author)
Melbourne Law School ( email )
Victoria, 3010
Australia
HOME PAGE: http://www.law.unimelb.edu.au/staff/Caron%20Beaton%2DWells
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