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24 Oct 2025 18:16
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      Home > News > Business

    Another business has been handed a hefty fine for cartel conduct

    Another business has been handed a hefty fine for cartel conduct

    24 October 2025
    The defunct Auckland construction company - which can't be named - has been ordered to pay 30-thousand dollars for its part in bid-rigging of public roading contracts.

    MaxBuild Ltd was already sentenced last December, and ordered to pay 500-thousand dollars.

    At a sentencing hearing in the High Court in Auckland, Justice Sally Fitzgerald said she'd have fined this second company 595-thousand dollars - if it could afford it.

    The Commerce Commission says the outcome sets a precedent, and it will continue to act against such conduct.

    © 2025 Newstalk ZB, NZCity


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