Consumer New Zealand says the Commerce Commission should have gone further in its action against Wilson Parking.
The parking giant is selling leases to three of its Wellington carpark buildings, after purchasing them in 2016 and increasing prices without sign-off from the commission.
It will have to pay the commission $500,000 for what's been dubbed anti-competitive behaviour.
As a result of the settlement, the commission discontinued the proceedings against Wilson Parking without any admission of fault from Wilson Parking or any finding of a breach of the Commerce Act.
Consumer New Zealand boss Jon Duffy told Mike Hosking there should have been a comparison between what Wilson Parking was charging, and what it should have been charging.
He says some sort of compensation figure should have been worked into the calculation, and $500,000 seems pretty light.
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