Prison Terms for Bosses, $33 Million Fines Over Waste Cartel

Published on February 23, 2024

Two leading waste firm bosses have been handed prison sentences after admitting to engineering a price-fixing scheme to force up costs for their customers. One of the companies, Bingo Industries, was on Feb. 23 handed the second-biggest fine for cartel conduct in the Australian competition watchdog’s history with a total penalty of $30 million (US$19.7 million). Daniel Tartak, Bingo’s former managing director and chief executive, pleaded guilty in 2022 to two cartel offences following an investigation by the Australian Competition and Consumer Commission (ACCC). He was handed a two-year prison sentence by a Federal Court judge, who said the term should be served in the community under an intensive correction order....

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