LJ Hooker New Zealand Limited
LJ Hooker New Zealand Limited was ordered to pay a penalty of $2.475 million following admissions they breached s 27 via s 30 of the Commerce Act by entering into and giving effect to a price fixing agreement with four other real estate companies to pass on to vendors the cost of advertising properties on Trade Me.
Case Details
Parties
LJ Hooker New Zealand Limited
Category
Anti-competitive conduct
Sub-category
Act/Section
Commerce Act 1986 27 via s 30
Industry
Rental, hiring, and real estate services
Status
Closed
Outcome
Judgment
Case Number
Date opened
16 December 2016
Date closed
16 December 2016
Contact person