Fletcher Building faces probe into plasterboard supply deals

Fletcher Building faces probe into plasterboard supply deals
Sept. 27 (BusinessDesk) - Fletcher Building, the biggest listed company in New Zealand, faces a probe into potentially anti-competitive behaviour in its plasterboard supply arrangements. The Auckland-based company has today been advised that the competition watchdog, the Commerce Commission, “intends to inquire into its plasterboard supply arrangements with building supplies merchants,” it said in a statement. A spokesman for the Commerce Commission confirmed the investigation was under way, but couldn’t offer any more details. “The compan...