Regulator charges freight forwarders with price fixing

Regulator charges freight forwarders with price fixing
Mondiale has agreed to a yet to be determined settlement for 'cartel conduct' (Image: Google)
Staff reporters
Price collusion charges have been filed against freight forwarders Mondiale Freight Services and Oceanbridge Shipping by the Commerce Commission.Civil proceedings were also filed in the high court in Auckland against four individuals associated with the companies – two of New Zealand's largest freight brokerage agencies.Mondiale, which merged with VISA Global Logistics in February, has operations across NZ, Australia, Asia, India and Europe and employs more than 1,500 people.Oceanbridge, founded in 1981 by Bill Speedy, employs about 1...

More Law & Regulation

Rod Drury calls for radical shakeup of energy industry
Law & Regulation

Rod Drury calls for radical shakeup of energy industry

No more energy gentailers would improve competitiveness, says Drury.

India denied 'basmati' trademark
Retail

India denied 'basmati' trademark

New Zealand's decision is similar to action previously taken by Australia.

Elite Fitness hit by cyber attack, customer data stolen
Law & Regulation

Elite Fitness hit by cyber attack, customer data stolen

Personal data from passports to credit cards stolen in Elite Fitness breach.

Liquidators investigate sale of three Pizza Hut stores
Retail

Liquidators investigate sale of three Pizza Hut stores

Maloita sold three Wellington Pizza Hut stores prior to its liquidation.

John Anthony 05 Jul 2024