K-Line convicted of criminal cartel conduct and fined $34.5 million

The penalty judgment in the K-Line criminal cartel case has come down. K-Line was fined $34.5 million after receiving a discount of 28%. It seems that the discount would have been substantially higher had K-Line provided a higher level of cooperation and not fought the matter through the committal stage . Given that NYK received a 50% discount for cooperating at the earliest opportunity, it looks like K-Line's decision not to provide a high level of cooperation and to fight the committal may have cost it an additional $10.5 million in penalties.

http://www.austlii.edu.au/cgi-bin/viewdoc/au/cases/cth/FCA//2019/1170.html