A New Zealand High Court orders a Swiss air freight company to pay a penalty and costs for cartel behaviour (Kuehne + Nagel International)

Press releases published on New Zealand Commerce Commission

Air freight cartel nets almost $12 million in penalties* The High Court in Auckland has today ordered Swiss company Kuehne + Nagel International AG to pay a penalty of $3.1 million plus costs for breaches of the Commerce Act. Kuehne + Nagel’s penalty brings the total penalties ordered in this case to $11.95 million and sends a strong message to the business community that cartel behaviour is unacceptable. Kuehne + Nagel is the last defendant in a long-standing case brought by the Commerce Commission against six international freight forwarding companies for a range of hard core cartel behaviour. The other five defendants admitted their role in the cartel and paid penalties in 2010 and 2011. Kuehne + Nagel challenged the Commission’s jurisdiction but were unsuccessful in both the High

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New Zealand Competition Authority, A New Zealand High Court orders a Swiss air freight company to pay a penalty and costs for cartel behaviour (Kuehne + Nagel International), 8 April 2014, e-Competitions April 2014, Art. N° 65544

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