NZ regulator clears Fletcher of anti-competitive behaviour in plasterboard market

NZ regulator clears Fletcher of anti-competitive behaviour in plasterboard market
By Jonathan Underhill Dec. 22 (BusinessDesk) - The Commerce Commission says it found no evidence that Fletcher Building's Winstone Wallboards unit engaged in anti-competitive behaviour to protect its dominant position in the plasterboard market. Fletcher, the biggest building products and construction company in New Zealand, dominates the plasterboard market with its GIB brand products. This year Knauf, the world’s second-largest plasterboard maker, revealed it had struggled to gain traction in the New Zealand market, saying it had taken...