Politics

Freight forwarders hit with $9.7m in fines over cartel activity


Two companies settled with the Commerce Commission.

Commerce Commission chair Anna Rawlings.

International freight forwarding companies Mondiale and Oceanbridge have been fined a total of $9.7 million for “engaging in longstanding cartel agreements with their competitors”.

The Commerce Commission had alleged that the defendants, including four individuals associated with the companies,

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Contact the Writer: william@nbr.co.nz

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