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Cadbury claims A$236m in Amcor case
This week, the Federal Court in Melbourne is due to begin hearing a case in which Cadbury wants Amcor to pay A$235.8m for loss and damages that the multibillion-dollar confectionery group argues it incurred as a direct result of Amcor’s illegal pact with Visy Industries.
If the parties do not strike a settlement in the next 48 hours, Cadbury’s aggressive bid to get even with Amcor – its long-term supplier of cardboard boxes and aluminium cans – will begin in earnest.
Amcor still doesn’t admit that it breached the Trade Practices Act. The company does not, and never has, publicly admitted colluding with Visy, despite Visy capitulating in 2007 and paying A$36.5m in court-ordered penalties for its role in the four-year cartel.
Source: Stuff.co.nz
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