Oil and gas services company Qteq and its chairman collectively fined $6 million for attempted cartel conduct
March 26, 2026
March 26, 2026
CANBERRA, Australia, March 26 -- The Australian Competition and Consumer Commission issued the following news release:
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Oil and gas services company Qteq and its chairman collectively fined $6 million for attempted cartel conduct
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Today the Federal Court has fined Qteq Pty Ltd and its executive chairman, Simon Ashton, $5 million and $1 million respectively for attempted cartel conduct, in a case brought by the ACCC.
The pena . . .
* * *
Oil and gas services company Qteq and its chairman collectively fined $6 million for attempted cartel conduct
*
Today the Federal Court has fined Qteq Pty Ltd and its executive chairman, Simon Ashton, $5 million and $1 million respectively for attempted cartel conduct, in a case brought by the ACCC.
The pena . . .