Collaboration welcome says ComCom, collusion not

There can be benefits from competitors collaborating but there is a line says watchdog. (Image: Getty)

Tue, 05 Dec 2023

The Commerce Commission encourages lawful collaboration between businesses to help them achieve sustainability objectives.However, the regulator warned it would not allow those initiatives to be used as an “excuse for collusion or other anti-competitive behaviour that harms New Zealanders”.The commission has issued new collaboration and sustainability guidelines, focusing on distinguishing between illegal collusion and legitimate collaboration.Its competition general manager, Antonia Horrocks, said: “It’s important...

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