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Bunnings low-price case cost ComCom $1.57 million

Rebecca Howard
Thu, 08 Jul 2021

The regulator alleges 45 breaches of the Fair Trading Act. (Image: Investore)
Rebecca Howard
Thu, 08 Jul 2021
The NZ Commerce Commission spent $1.57 million and 2,208 internal hours on the Bunnings NZ court case.The Commerce Commission filed charges against Bunnings in 2017, alleging it mislead consumers with its “lowest prices guaranteed” slogan. In total, the regulator alleges 45 breaches of the Fair Trading Act in the long-running case over misleading marketing.It had started investigating in late 2014 following a complaint from Bunnings’ rival, Mitre 10. The regulator laid charges in 2017, but the case only went to trial...

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