New Zealand's Commerce Commission sues Winstone Wallboards for allegedly harming competition.

The Commerce Commission of New Zealand has taken legal action against Winstone Wallboards, a subsidiary of Fletcher Building, for allegedly using retroactive rebates in supply agreements that may harm competition and lead to higher consumer prices. The accusations pertain to practices between 2017 and 2022, breaching the Commerce Act. Winstone Wallboards plans to vigorously contest these allegations in court, asserting that such rebates are common in the industry.

October 31, 2024
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