Sub judice contempt

Charges laid against alleged forex price fixing cartel Very disappointing that the ACCC decided to put out such an opinionated media release in relation to this criminal prosecution. It is simply inappropriate for a regulator to make the following comments about a pending criminal matter: “This alleged behaviour is extremely serious and relates to over two thirds of all the number of money transfer transactions, and almost a quarter of the amount of money transferred, from Australia to Vietnam during the relevant period,” ACCC Chair Rod Sims said. “Price fixing involves competitors agreeing on a price rather than competing fairly against one another. Such cartel behaviour cheats consumers, and does damage to other businesses and the economy as a whole,” Mr Sims said. “Most businesses in Australia compete fairly and earn their profits honestly, as they are required to do under the Competition and Consumer Act. If businesses behave anti-competitively, others, including consumers, have to bear the cost of their illegal profits.” Looks like sub judice contempt to me!

https://www.accc.gov.au/media-release/charges-laid-against-alleged-forex-price-fixing-cartel