29 Jul 2022
COMMERCE COMMISSION v OBJECTIVE CORPORATION LIMITED [2022] NZHC 1864
- Citation
- [2022] NZHC 1864
- Court
- High Court
Divestment was not a practicable remedy given dependence on key personnel and bespoke integration; having regard to s83(2) factors and relevant precedent the appropriate starting point for a pecuniary penalty was NZD 2.2 million, a 30% discount for early admission and cooperation produced a final penalty of NZD 1.54 million which the Court ordered by consent.