12 Dec 2023

First ever criminal prosecution for cartel conduct

From Midday Report, 12:17 pm on 12 December 2023

The Commerce Commission has filed criminal charges against two construction companies and two directors for alleged bid rigging of publicly funded construction contracts in Auckland.

It's the country's first-ever criminal prosecution for cartel conduct and has been filed in the Auckland District Court.

The Commerce Commission's Dr John Small told Charlotte the offence carries very hefty pentalties.