Home Page / Legislation / Trade Practices Act 1974 / s 44ZZRA

Trade Practices Act 1974 (Cth)

Section 44ZZRA Simplified Outline

The provision

                  The following is a simplied outline of this Division:

• This Division sets out parallel offences and civil penalty provisions relating to cartel conduct.

• A corporation must not make, or give effect to, a contract, arrangement or understanding that contains a cartel provision.

• A cartel provision is a provision relating to:

(a) price‑fixing; or

(b) restricting outputs in the production and supply chain; or

(c) allocating customers, suppliers or territories; or

(d) bid‑rigging;

by parties that are, or would otherwise be, in competition with each other.

 

Legislative history

Introduced by Trade Practices Amendment (Cartel Conduct and Other Measures) Act 2009

Operative: 24 July 2009

Commentary

The insertion of this provision was part of the package of reforms introducing criminal penalties for cartel conduct. The reforms also created a parallel civil cartel prohibition, replacing the former s 45A which dealt directly with price-fixing.

The reforms were initially recommend by the Dawson Committee as part of its 2002-2003 inquiry into the Competition Law provisions of the Trade Practices Act.

See further information and resources on the cartel page.