'Stamping Out Cartel Conduct': Courier Sector Hit with $1.2m in Fines

Courier companies fined over $1 million for cartel conduct

Aramex and GoSweetSpot have been penalised in two separate cases of cartel conduct investigated by the Commerce Commission.

'Stamping out cartel conduct': Courier sector hit with $1.2m in fines

Two courier companies have been stung in separate Commerce Commission prosecutions for cartel behaviour. One case, involving Emirati multinational Aramex,...

Couriers ordered to pay $1.225 million after investigation into cartel conduct

Stock photo. An investigation by the Commerce Commission has resulted in courier companies Aramex and GoSweetSpot (GSS) being penalised $700,000 and $525,000, respectively, by the High Court for engaging in cartel conduct. Additonally, nine courier services businesses will soon be issued warnings for conduct the Commission believes likely constitutes cartel conduct in breach of the Commerce Act. The penalties against Aramex and GSS follow separa…