NZ's Commerce Commission
NZAGS Members in Private Practice should be aware of the Commerce Commission, and in-particular their view on Anti-competitive Practices.
Please click to their website to ensure you are aware of:
What is illegal?
Coordinated conduct includes:
- Agreements that substantially lessen competition in a market
- Agreements that exclude or limit dealings with a rival
- Agreements that fix, maintain or control prices (also known as cartels).
Unilateral conduct includes:
- A person or business taking advantage of their dominant position in a market for an anti-competitive purpose
- A person or business specifying a minimum price at which its goods or services can be sold by another - this is called resale price maintenance.