Manawatu (1994) Ltd
Manawatu (1994) Ltd were ordered to pay a penalty of $1.25m following admissions they had breached s 27(1) and (2) via s 30 of the Commerce Act by entering into and giving effect to an agreement with at least 10 other real estate agencies in Manawatu to pass on to vendors the cost of advertising a property on Trade Me.
Case Details
Parties
Manawatu (1994) Ltd
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
25 November 2016
Date closed
25 November 2016
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