A New Zealand High Court fines a manufacturer of setup paperboard boxes and its former senior executive for being involved in price fixing (Visy)

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Court endorses penalty in trans-Tasman cartel case* Visy Board Pty Ltd (Visy) has been ordered to pay a penalty of $3.6 million in the High Court in Auckland today, and its former senior executive John Carroll $25,000, for breaching the Commerce Act by being involved in price fixing. As part of a pre-trial settlement, Visy admitted liability for its role in illegal arrangements with Amcor Ltd, a competitor, to divide certain trans-Tasman corrugated fibreboard packaging customers (Coca Cola, Goodman

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New Zealand Competition Authority, A New Zealand High Court fines a manufacturer of setup paperboard boxes and its former senior executive for being involved in price fixing (Visy), 22 August 2013, e-Competitions Bulletin Commitment Decisions, Art. N° 62304

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