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Hutt and City Taxis faces New Zealand cartel lawsuit over price-fixing allegations

( May 4, 2021, 02:12 GMT | Official Statement) -- MLex Summary: New Zealand taxi company Hutt and City Taxis is facing a High Court lawsuit over allegations from the country's competition regulator that the company reached a price-fixing agreement with two competitors. The price-fixing is alleged to have related to setting a minimum NZ$25 charge for pick-up taxi trips from the on-demand taxi rank at a New Zealand airport. The alleged conduct took place before prison penalties were introduced for criminal cartels last month. The full statement from the New Zealand Commerce Commission follows:...

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