Commerce Commission takes court action against GEA Milfos alleging cartel pricing

Commerce Commission takes court action against GEA Milfos alleging cartel pricing
Tina Morrison
By Tina Morrison Dec. 21 (BusinessDesk) - The Commerce Commission is taking High Court action against GEA Milfos International alleging the milk testing technology company engaged in cartel pricing with rival Smart Farm Technologies. The regulator alleges Milfos breached the Commerce Act by engaging in cartel conduct between mid-2012 and September 2014, it said in a statement. The conduct relates to Milfos allegedly entering into an agreement with its competitor to fix, control or maintain prices of milk testing products and services and...