Cartel conduct

ICCC moves to curb cartel conduct

The ICCC revealed this during a seminar hosted to commemorate World Competition Day on December 5th.

A ‘Leniency Policy’ gives companies full or partial immunity from fines or penalties when they provide information about a cartel in which they participated in.

Cartel conduct is an agreement by competitors to coordinate their prices or output in order to increase their collective profit.

This can include: