New Zealand's High Court fined cleaning company CI Scrubbing $51,000 for a 20-year cartel agreement with a competitor.
New Zealand's High Court fined cleaning company Canterbury Industrial Scrubbing (CI Scrubbing) $51,000 for its participation in a longstanding cartel agreement with a competitor, agreeing not to offer each other's services and maintain separate customer bases. The cartel, running for nearly two decades, ended with prices for industrial scrubbing and sweeping services dropping by up to 30%. The court deemed the long duration and use of threats as serious breaches of the law.
9 months ago
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