Corrs In Brief: The cartel conduct amendments to the TPA - what you need to know

The Trade Practices Amendment (Cartel Conduct and Other Measures) Act 2009 (Cartel Amendment) has now been passed by both houses of Federal Parliament. Its significant provisions become operative on 24 July 2009 and will criminalise serious cartels. Those involved in cartels will risk substantial fines and imprisonment for up to 10 years.