Saturday, April 4, 2009
Posted by D. Daniel Sokol
In coming months long-awaited and at times controversial legislation criminalising serious cartel conduct will be passed by the Australian Parliament. I am writing to bring to your attention an important research project led by the University of Melbourne Law School on this major development. Funded by the Australian Research Council, this interdisciplinary empirical project will investigate
1. how and why criminalisation of serious cartel
conduct has become bipartisan policy in Australia;
2. assess the likely impact of criminalisation on deterrence and compliance with the law by business;
3. compare criminalisation policy and enforcement overseas in countries like the United States and the United Kingdom;
4. make recommendations about the practical implementation of the criminal regime; and
5. draw broader conclusions about regulatory reform processes, the reasons for business compliance with the law, and the most effective approaches to enforcing business regulation generally.
The people involved in the research Project are Associate Professor Caron Beaton-Wells and Associate Professor Christine Parker from the Melbourne Law School, Associate Professor Fiona Haines from the University of Melbourne’s School of Social and Political Sciences and Professor David Round of the University of South Australia’s Centre for Regulation and Market Analysis. The Research Assistant is Janette Nankivell.
The website for the project has just been launched. To find out more, visit http://www.cartel.law.unimelb.edu.au.