12 Dec 2023

Cartel conduct: Construction companies charged for bid-rigging

From Checkpoint, 5:42 pm on 12 December 2023

A landmark prosecution has been made in the construction sector today.

For the first time in New Zealand, two construction companies and two directors are being prosecuted for acting like a cartel.

The Commerce Commission has filed criminal charges against them for allegedly bid rigging publicly-funded infrastructure contracts in Auckland.

A competition lawyer says it is only the start, with more cases to come.

Emma Stanford reports.