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Home > Heather du Plessis-Allan Drive > John Tookey: AUT construction professor on the Commerce Commission going ahead with investigation into Fletcher over GIB
Podcast: Heather du Plessis-Allan Drive
Episode:

John Tookey: AUT construction professor on the Commerce Commission going ahead with investigation into Fletcher over GIB

Category: News & Politics
Duration: 00:04:04
Publish Date: 2022-12-14 07:37:44
Description:

The Commerce Commission is set to launch its third investigation into Fletcher Building over GIB.

The investigation will focus on Fletcher's stronghold of the GIB market and its impact on competition. This announcement was made around the same time Fletcher Building announced they were going to pull back their rebate scheme.

AUT construction professor John Tookey says it's hard to determine what the Commerce Commission's long-term goal is with this investigation.

"It serves a great narrative when you've got this highly successful company that's doing very, very well and has a strong market position that's been generated over an extensive period of time though extensive investment. It's great to be able to see the story of it being an exercise in crushing all competition." 

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