Fletcher Building's GIB business accused of breaching Commerce Act

The Commerce Commission has filed proceedings against Fletcher Building subsidiary Winstone Wallboards. (Image: Fletcher Building)

John Anthony

Fri, 01 Nov 2024

The Commerce Commission has filed proceedings against Winstone Wallboards, Fletcher Building's GIB manufacturing business, for anti-competitive conduct.The Commerce Commission (ComCom) alleged Winstone’s use of retroactive tiered rebates in its plasterboard supply agreements with building supplies merchants between 2017 and 2022 breached the Commerce Act."Very common"In December 2022, Fletcher Building said the rebates were essentially a volume incentive, where a customer received a better rebate, measured over all their pur...

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