Competition authorities team up to fight supply chain collusion

Five international competition authorities have formed a new working group to deter, detect and prosecute those who would exploit supply chain disruptions to engage in collusive conduct.

The agencies are concerned that some unscrupulous businesses could take advantage of ongoing supply chain disruption to engage in anti-competitive collusion and practices that cheat other businesses and ultimately consumers.

The group comprises the UK Competition and Markets Authority (CMA), the US Department of Justice (DOJ), the Australian Competition and Consumer Commission, the Canadian Competition Bureau and the New Zealand Commerce Commission.