Appeal Court reinstates NZ regulator’s cartel case against Visy Board, former executive

Appeal Court reinstates NZ regulator’s cartel case against Visy Board, former executive
Aug. 31 (BusinessDesk) - The Court of Appeal has overturned a High Court ruling and reinstated the Commerce Commission’s case against Australia’s Visy Board and a former executive. The regulator had appealed the April 2011 ruling by Justice Paul Heath that reduced the number of claims it could pursue against Visy and its former general manager Rod Carroll, arguing the High Court erred in rejecting a much wider pattern of alleged cartel behaviour in the New Zealand packaging market. The Federal Court of Australia has already imposed penalties...