Hamilton price fixer gets $1 million fine
The Commerce Commission has been pursuing charges relating to three separate price fixing and anti-competitive agreements among 13 national real estate agencies, Hamilton real estate agencies and Manawatu real estate agencies for many years.
Proceedings on the charges, which relate to conduct in 2013 and 2014, have been wending their way through the courts since December 2015.
All of the national agencies, all of the Manawatu agencies and most of the Hamilton agencies have now had their day in court, admitted their part in the conduct, and been handed down penalties.
However, Justice Patricia Courtney’s judgment on Online Realty Limited (which was trading under the Ray White banner) has just been released.
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