New Zealand Companies Guilty in Landmark Cartel Conviction

The two firms pleaded guilty to rigging bids on taxpayer-funded Auckland projects, in New Zealand’s first cartel conviction.

Part of the $700 million Northern corridor improvement project, showing two of the bridges under construction in February 2021. Courtesy of the NZ Transport Agency

Two construction companies will face penalties in New Zealand’s first prosecution for cartel conduct under laws introduced in 2021.