FOR CARTEL CONDUCT?
The Competition Act now states that it is a criminal offence to engage in a cartel, but the question of penalties remains
implementing their anti-cartel actions”.
Dingley says that any criminal sanction against a company director would be a major deterrent for the mere reason that it would bar that person from being a director again.
He says the amendments will probably cause a headache for the authorities as cases get tied up in court.
“Deciding if a thing is a cartel or not is kind of touch and go, meaning that criminal prosecution will be an uphill battle,” he says.