2 Nov 2017
COMMERCE COMMISSION v LODGE REAL ESTATE LTD & ORS [2017] NZHC 1497
- Citation
- [2017] NZHC 1497
- Court
- High Court
There was an objective consensus among the Hamilton agencies that they would cease absorbing Trade Me's new per‑listing fees and (except Success) withdraw standard listings by January 2014 and transition to vendor funding; those communications and subsequent withdrawals constituted an arrangement or understanding and the defendants gave effect to it, but the arrangement did not have the purpose or effect of fixing, controlling or maintaining prices (or providing for same) for the contested services and therefore did not contravene s27/s30; the Commission's claim failed.