Australia's Qteq won't survive regulator's proposed antitrust penalties, court hears <https://www.mlex.com/mlex/antitrust/articles/2391138?nl_pk=f94d91e7-868e-4ae2-a8eb-afd0a2d42ec4&utm_source=newsletter&utm_medium=email&utm_campaign=mlex/antitrust&utm_content=2025-09-24&read_main=1&nlsidx=0&nlaidx=1>
By James Panichi 23 Sep 2025 | 08:46 GMT | *Insight* Qteq faces collapse, and the mining-services and equipment company’s more than 50 employees risk losing their jobs if a penalty proposed by Australia’s antitrust regulator is imposed, a Sydney court has heard. In a hearing on Tuesday, Qteq’s lawyer told the Federal Court of Australia that the penalty of between $7.25 million and $8.57 million, combined with the loss of business after the recent civil antitrust trial, “threaten [Qteq’s] commercial existence." Read full article » <https://www.mlex.com/mlex/antitrust/articles/2391138?nl_pk=f94d91e7-868e-4ae2-a8eb-afd0a2d42ec4&utm_source=newsletter&utm_medium=email&utm_campaign=mlex/antitrust&utm_content=2025-09-24&read_more=1&nlsidx=0&nlaidx=1>
