ACCC brings criminal cartel charges against money transfer business

ACCC Chair Rod Sims described the alleged cartel conduct as "extremely serious".

Competition & Consumer Protection 2019-04-11 9:12 am By Cat Fredenburgh | Melbourne

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The Australian Competition and Consumer Commission has brought criminal cartel charges against a money transfer business and five individuals for allegedly fixing the foreign exchange rate on millions of dollars transferred between Australia and Vietnam between 2011 and 2016.

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