Competition

Workshop on Australian Pecuniary Penalties for Competition Law Infringements

 

 26 March 2018  Sydney, Australia 

 

The OECD organised a workshop in Sydney on 26 March 2018 to present the results of an OECD review of the Australian Pecuniary Penalties for Competition Law Infringements.

 

Background

Australia’s system for imposing sanctions for breaches of competition law is capable of delivering substantial and deterrent sanctions for such breaches. In recent years, important cases have increasingly been brought before the courts for decisions about sanctions. Building on prior OECD work comparing sanctions regimes for competition law regimes, Australia has asked the OECD to review its pecuniary sanctions regime and compare it with the practices of a number of representative OECD jurisdictions. The resulting report was presented during a workshop and discussed amongst Australian and international experts from a variety of backgrounds.

 

Programme

In addition to the presentation of the report on Australian Pecuniary Penalties for Competition Law Infringements, the programme included a number of panels where the views of invited academics,  legal profession practicionners, judges and the business and consumers society from Australia and abroad were discussed.

 

Speakers  

The workshop featured Australian and international experts and practitionners including:  

  • Frédéric Jenny
    Chairman of the OECD Competition Committee
  • Sir Marcus Smith QC
    Justice of the High Court of England and Wales and the Competition Appeal Tribunal
  • Savvas Papasavvas
    Judge of the General Court of the European Union
  • The Hon Ray Finkelstein AO QC
    Former Justice of the Federal Court and former President of the Australian Competition Tribunal
  • Sarah McNaughton SC
    Commonwealth Director of Public Prosecutions
  • Rod Sims
    Chair, Australian Consumer and Competition Commission
  • Caron Beaton-Wells
    Professor, University of Melbourne
  • John Connor
    Emeritus Professor, Purdue University
 

 

Meeting documents   

Agenda

 

Report 

Report highlights by the OECD

 

Keynote presentation by  Frédéric Jenny

 

Presentation by John Connor

 

Presentation by Caron Beaton-Wells

 

Paper by Sir Marcus Smith

 

 

Video with key findings

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Podcast interview 

 

Related materials and links  

Sanctions in Antitrust Cases, 2016 Global Forum on Competition Roundtable

Public and Private Antitrust Enforcement in Competition, 2015

Remedies and Sanctions in Abuse of Dominance Cases, 2006

Cartel Sanctions against Individuals, 2003

Report on the Nature and Impact of Hard Core Cartels and Sanctions under National Competition Laws, 2002

Judicial enforcement of competition law, 1996

List of all best practice roundtables on competition 

More OECD work on Competition

 

Related Documents