New Zealand Companies Guilty in Landmark Cartel Conviction

1 Min Read
New Zealand Companies Guilty in Landmark Cartel Conviction

AD

The two firms pleaded guilty to rigging bids on taxpayer-funded Auckland projects, in New Zealand’s first cartel conviction.

New Zealand Companies Guilty in Landmark Cartel Conviction

Part of the $700 million Northern corridor improvement project, showing two of the bridges under construction in February 2021. Courtesy of the NZ Transport Agency

Rex Widerstrom

|Updated:

Two construction companies will face penalties in New Zealand’s first prosecution for cartel conduct under laws introduced in 2021.

Share This Article