ACCC: Criminal cartel charges laid against K-Line

By Finance

The Australian Competition and Consumer Commission (ACCC) announced yesterday that Criminal charges have been laid against Japanese-based company Kawasaki Kisen Kaisha (K-Line) in relation to alleged cartel conduct concerning the international shipping of cars, trucks, and buses to Australia between July 2009 and September 2012.

The matter was before the Downing Centre Local Court for a first mention yesterday, 15 November 2016.

This is the second matter in which criminal charges have been laid against a corporation under the criminal cartel provisions of the Competition and Consumer Act 2010.

ACCC: Criminal cartel charges laid against K-Line

Vehicles carrier Drive Green Highway - Image courtesy of Les Rickman

K-Line is a global organisation with offices in Europe, Africa, Northeast Asia, South East Asia, Japan, North America, Central America, South America, India, the Middle East, and Oceania (including Australia). It has over 7,000 employees and its headquarters is in Tokyo. It also has an Australian subsidiary, K-Line (Australia) Pty Ltd.

The ACCC’s investigation into other alleged cartel participants is continuing.

Given this is a criminal matter currently before the court; the ACCC will not be providing further comment at this time.

Background

The ACCC investigates cartel conduct, manages the immunity process, takes proceedings in the Federal Court in respect of civil cartel contraventions, and refers serious cartel conduct to the Commonwealth Director of Public Prosecutions (CDPP) for consideration for prosecution. The CDPP is responsible for prosecuting criminal cartel offences, in accordance with the Prosecution Policy of the Commonwealth.

Source: ACCC