New Zealand’s competition enforcement agency, The Commerce Commission, has issued a revised cartel leniency and immunity policy and revised template leniency agreement.
New Zealand’s competition enforcement agency has got tougher on the country’s cartels, with cartel conduct - including price fixing, market allocation and bid rigging - now punishable with a term of imprisonment of up to 7 years.
New Zealand’s competition enforcement agency, The Commerce Commission is seeking feedback on draft guidance for directors and senior managers of mobile traders and consumer credit providers on how to comply with the due diligence duty.
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