Commerce Commission takes Fletcher subsidiary to court over plasterboard rebates
The Commerce Commission is prosecuting Fletcher Building's plasterboard arm over an allegedly anticompetitive rebates scheme that harmed consumers.
The Commerce Commission has set a court date for its case against Winstone Wallboards, the plasterboard division of Fletcher Building. The regulator alleges the company's now-defunct rebates scheme for its GIB plasterboard product reduced competition and ultimately increased costs for consumers. The case is being viewed as evidence of a more assertive competition watchdog.
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Fletcher plasterboard case to test Commerce Commission’s resolve
The date has been set for the Commerce Commission’s landmark case against Fletcher Building’s plasterboard arm, and the action is being hailed as a sign of an emboldened and more assertive competition watchdog. ComCom alleges Fletcher subsidiary Winstone Wallboards’ now-defunct…