JPMorgan witness disputed existence of ANZ cartel ‘agreement’ court hears

ACCC 2019-12-06 9:45 pm By Miklos Bolza | Sydney

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A key witness from JPMorgan previously contested claims by the ACCC that a key component of an alleged cartel arrangement between four major banks around a $2.5 billion institutional share placement by ANZ was actually an ‘agreement,’ as opposed to a series of independent decisions, a court has heard.

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