In a significant development, Sydney-based waste management companies, Aussie Skips Recycling and Aussie Skips Bin Services (together known as Aussie Skips), along with their Chief Executive Emmanuel Roussakis, have admitted to a criminal cartel offence. The guilty pleas were made today in the Federal Court in response to charges brought by the Commonwealth Director of Public Prosecutions (CDPP) in December of the previous year.
The charges stem from allegations dating back to mid-2019, asserting that Aussie Skips and Bingo Industries engaged in anti-competitive behavior by colluding to raise and stabilize prices for skip bins and processing services catering to building and demolition waste in the Sydney region. The case was thoroughly investigated by the Australian Competition and Consumer Commission (ACCC) before being handed over to the CDPP, which pursued criminal charges against the involved parties.
Bingo Industries, along with its former Managing Director and CEO, Mr. Daniel Tartak, had already admitted their guilt in relation to the same cartel.
“Cartels are unlawful due to the substantial economic harm they can inflict. That's why the ACCC treats investigations into cartel activities with utmost seriousness, and when warranted, forwards cases to the CDPP for legal action," remarked Mick Keogh, Deputy Chair of the ACCC.
The legal process will now move towards a sentencing hearing for both Aussie Skips and Mr. Roussakis, which is scheduled to take place in the Federal Court on the 22nd and 23rd of May 2023.
Given that these matters are presently sub judice, the ACCC refrains from offering additional comments at this juncture.
Background:
Aussie Skips Bin Services and Aussie Skips Recycling, both operating in Sydney, specialize in waste management services, providing skip bins and waste processing solutions tailored to building and demolition waste.
On the other hand, Bingo Industries is a prominent player in the waste management sector, offering services encompassing landfill operations, waste processing, and skip bin provisions across New South Wales, Victoria, and Queensland.
Source: https://www.accc.gov.au/media-release/aussie-skips-and-ceo-plead-guilty-to-alleged-waste-services-price-fixing-cartel
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