In our most recent newsletter, we discuss the ACCC’s announcement this week that it has commenced civil proceedings against eleven parties for alleged bid rigging conduct involving mining exploration licences in NSW. In the wake of this week’s allegations of corruption at FIFA, we also pose the question of whether sporting body monopolies lead to executives collecting monopoly rents. Finally, we report on a 27 May LEANZ seminar where Richard Meade discussed the interesting issue of whether customer-owned monopolies face different regulation than investor-owned firms.
Read more in our newsletter.