Commerce Commission follows through with price-fixing suit against Wrightson, Elders, others

Sun, 02 Aug 2015

By Jonathan Underhill Aug. 3 (BusinessDesk) - The Commerce Commission has filed court proceedings against PGG Wrightson, Elders New Zealand and five individuals it claims fixed fees charged during the introduction of a national livestock tagging scheme. The regulator is in discussions with a third company, Rural Livestock. The commission alleges the companies and individuals breached the Commerce Act by establishing three pricing agreements prior to the NAIT Act coming into force in July 2012. The individuals involved are all current or f...

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