ComCom: 'vertical' building suppliers not the problem

Commerce Commission chair Anna Rawlings wants more product substitution. (Image: BusinessDesk)

Thu, 04 Aug 2022

The Commerce Commission says competition in the building sector is being hamstrung by a cumbersome regulatory system, industry rebates and restrictive land covenants.It also says it wants to see an easier pathway to allow building products to be substituted.However, it stopped short of laying any sort of blame for high building prices at the door of dominant building players Fletcher Building or Carter Holt Harvey.The competition watchdog’s draft report – following a nine-month analysis of the sector – noted that competition w...

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