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19 Apr 2024 12:00
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      Home > News > Politics

    The Commerce Commission has filed High Court proceedings against an alleged horse transport cartel

    The Commerce Commission has filed High Court proceedings against an alleged horse transport cartel


    It's taking International Racehorse Transport New Zealand Partnership to court on charges of price fixing equine air freight services.

    It formed a joint venture in 1989 with a competitor - which included a pricing structure for services they previously competed for, and a profit-sharing clause.

    The arrangement remained until last October, with key details, including pricing, re-negotiated and updated.

    The Commission alleges that amounted to cartel conduct.

    © 2024 Newstalk ZB, NZCity

     Other Politics News
     19 Apr: Criticism of efforts to help lower income people get some rates relief
     19 Apr: The Government's decision to extend the timeframe for earthquake-strengthening work has gained support among Local Government New Zealand
     19 Apr: Auckland Action Against Poverty says it's time to start a conversation about the meaning of work in New Zealand
     18 Apr: German far-right leader Björn Höcke on trial for allegedly using Nazi slogan — his 'extremist' party is one of the country's highest-polling
     18 Apr: Mayor Wayne Brown says he's not convinced rules on earthquake-prone buildings should apply to Auckland, but he welcomes the Government bringing forward a review
     18 Apr: Britain's foreign minister David Cameron says Israel has decided to retaliate against Iran
     18 Apr: A reminder New Zealand is called the Shaky Islands for a reason, following earthquake strengthening deadline changes
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     Rugby League:
    NRL Thursday blog: Melbourne survive Cameron Munster sin-bin to outlast Roosters in error-strewn clash 10:27

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