Cabcharge receives record fine for misusing its market power

Allens Arthur Robinson

The Federal Court has imposed the highest ever penalty for misuse of market power, after Cabcharge Australia Ltd settled with the Australian Competition and Consumer Commission and was fined $14 million for contravening section 46 of the Trade Practices Act. Partner Kon Stellios (view CV), Senior Associate Helen Anness and Lawyer Jess O’Brien report.

Reproduced with permission of Allens Arthur Robinson and in accordance with their terms of use.

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