This submission on the Commerce (Criminalisation of Cartels) Amendment Bill (the Bill) is made by The New Zealand Initiative, a think tank supported primarily by chief executives of major New Zealand businesses. In combination, our members’ revenues account for one third of New Zealand’s economy and provide employment to more than 150,000 people in New Zealand. The Initiative undertakes research that contributes to the development of sound public policies in New Zealand which help create a competitive, open and dynamic economy and a free, prosperous, fair, and cohesive society.