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August 1998

Warning to all businesses: colluding over prices is a serious economic crime

23 August 1998

The Commerce Commission is concerned that many businesses do not realise that collusion, or attempted collusion, over pricing is a major breach of the Commerce Act and is a serious economic crime.

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Attempting to rig bids for tenders cost Christchurch Transport Limited and its CEO $400,000

21 August 1998

In a strong warning to any organisations or individuals attempting to rig bids for tenders, Commerce Commission proceedings have cost Christchurch Transport Limited (CTL) and its Chief Executive $400,000.

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Meat case: $5.5 million penalties # JUDGEMENT #

20 August 1998

IN THE HIGH COURT OF NEW ZEALAND AUCKLAND REGISTRY COMMERCIAL LIST CL 38/96

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Commission refutes that farmers will pay $5.5 million penalties

20 August 1998

Any suggestion that farmers will pay the $5.5 million penalties imposed on nine North Island meat companies yesterday is strongly refuted by the Commerce Commission.

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More than $5.5 million penalties in meat case a strong warning to all industries

19 August 1998

The more than $5.5 million total penalties imposed by the Auckland High Court on nine meat companies today is a strong warning to all industries - Commerce Act penalties are increasing rapidly and breaches can be expensive.

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Suppliers cannot control independent retailers' prices

14 August 1998

The Commerce Commission is warning all industries that manufacturers, wholesalers and other suppliers should not attempt to control independent retailers' prices.

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Commerce Commission finalises approach for its price control study of airfield activities

6 August 1998

The Commerce Commission has finalised the approach it intends using to conduct a study into whether price control should be introduced on the prices for airfield activities at Auckland, Wellington and Christchurch airports.

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