April 2009

Reasons published for clearance granted to Fletcher Building to acquire Stevenson masonry

3 April 2009

The Commerce Commission has published its reasons for granting clearance to Fletcher Building Limited to acquire up to 100 per cent of the assets of both Stevenson Group Limited's Whangarei masonry business and Stevenson's Auckland masonry business.

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Commerce Commission warns Schindler Lifts over alleged bid-rigging conspiracy

1 April 2009

The Commerce Commission has issued formal warnings to Schindler Lifts New Zealand Limited (Schindler) and one current and one former employee for participating in a longstanding cartel arrangement which shared elevator installation contracts in the South Island. The Commission alleges the cartel operated from the early 1980s until late 1995. The warning was issued following an admission from the Schindler manager concerned.

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