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Two construction companies accused of bid rigging in NZ's first prosecution for cartel conduct

Author
Newstalk ZB,
Publish Date
Tue, 12 Dec 2023, 6:54PM
Photo / NZ Herald
Photo / NZ Herald

Two construction companies accused of bid rigging in NZ's first prosecution for cartel conduct

Author
Newstalk ZB,
Publish Date
Tue, 12 Dec 2023, 6:54PM

The Commerce Commission has filed criminal charges against two construction companies and their directors for alleged cartel conduct.

The pair were accused of colluding to rig bids for their publicly-funded infrastructure projects in Auckland.

Commerce Commission Chair, John Small, says their cartels team investigated this historic case right away.

"It's obviously, with a criminal standard, the standard of proof and the standards of evidence, got to be pretty high. Because the consequences are very serious- potential imprisonment- we've got good evidence."

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