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Action After Alleged Gas Cartel Attempt

Started by Epoch-Times-Bot, Dec 08, 2022, 02:15 PM

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Epoch-Times-Bot

Dec 08, 2022, 02:15 PM
Action After Alleged Gas Cartel Attempt

A mining services company has rejected allegations it tried to establish a cartel with rivals in breach of competition laws.
The Australian Competition and Consumer Commission on Thursday alleged Qteq attempted to enter or induce four other suppliers into an arrangement to not provide certain services to large oil and gas companies.
The suppliers approached were businesses competing with Qteq, a market leader in gauge work services that are vital for coal seam gas operators.
Qteq allegedly contacted the competitors seven times between 2017 and 2019, with executive chairman Simon Ashton involved six times.
Civil cartel proceedings were filed in the Federal Court on Thursday....

Source: Action After Alleged Gas Cartel Attempt

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