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Ethics

: Ethisphere Blog - Good. Smart. Business. Profit.

Ongoing Price Fixing Scandal ends with Pratt?s Admission of Guilt

By Ethisphere.com

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richardpratt.jpgA major, two-year investigation into an alleged price fixing scheme in the land down under came to a close on Tuesday after Richard Pratt, Australia’s third richest man, admitted his role in the whole thing. What started as a hotel lunch in 2000 between Pratt, chairman of Visy, and Russel Jones, former CEO of Visy’s chief competitor Amcor, ended with a collusive deal between the two major cardboard manufacturers, artificially (more…)

Full post as published by Ethisphere Blog - Good. Smart. Business. Profit. on October 18, 2007 (boomark / email).

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