Law and You (166) Cartel conduct in contravention of Competition and Consumer Act 2010

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Counting money Source: AAP Image/Alan Porritt

The Australian Federal Police (AFP) and the Australian Competition and Consumer Commission (ACCC) investigated allegations of cartel conduct by some of Vietnamese money remittance companies, which runs branches in New South Wales and Victoria. It is alleged this company fixed the Australian Dollar/Vietnamese Dong exchange rate and the transaction fees that it charged customers, in contravention of the Competition and Consumer Act 2010



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