Earlier today, the Australian ACCC published a rather fine new video entitled “The Marker” to raise criminal conspiracy (cartel) awareness. At 16 minutes, a must for competition/antitrust law geeks. From the ACCC:
“Australian Competition and Consumer Commission chairman Rod Sims today announced the next part of an integrated strategy to prevent cartel involvement – release of The Marker, a short film that shows the devastating effects involvement in a cartel can have on individuals and businesses.”
Here is a link to the ACCC’s new video: Australian ACCC – The Marker video.
Interestingly, according to the Australian competition authority, the ACCC, recent Australian research into cartel activity found that more than half of business people do not know that cartel conduct (i.e., price-fixing, market division/allocation, output restriction agreements and bid-rigging) is a criminal offence and almost 1 in 10 business people said they would be likely to engage in cartel conduct if the opportunity presented itself.
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