UPDATE: Steel & Tube, ComCom appeal record mesh fine

Mon, 19 Nov 2018

(Adds Steel & Tube appeal from first paragraph, detail on the fine the commission initially sought in paragraph eight.) By Gavin Evans Nov. 20 (BusinessDesk) - Steel & Tube Holdings and the Commerce Commission have each appealed the record $1.89 million fine imposed against the company for misrepresenting steel mesh products it sold. The regulator said Auckland District Court Judge Warren Cathcart erred last month by not adequately taking into account the size of Steel & Tube and the potential it had to gain from the misconduct. Nor...

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