Commerce Commission takes GIB manufacturer Winstone Wallboards to court alleging anti-competitive conduct
The Commerce Commission has filed court proceedings against GIB manufacturer Winstone Wallboards, alleging anti-competitive conduct in its use of retroactive tiered rebates in plasterboard supply agreements with building supplies merchants over a six-year period.
Winstone Wallboards is a subsidiary of Fletcher Building.
"...we allege Winstone used retroactive rebates to damage competition, ultimately leading to consumers paying higher prices," Commerce Commission Chairman John Small says.
Fletcher Building says Winstone Wallboards intends to "vigorously defend" the Commerce Commission’s proceedings, filed in the Auckland High Court, adding they could "take some time to resolve."
https://www.interest.co.nz/property/130537/commerce-commission-takes-gib-manufacturer-winstone-wallboards-court-alleging-anti
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