Cement industry plea
By OLIVER RIDDELL in Wellington No decision is yet in sight from the Commerce Commission’s consideration of the proposals to restructure the cement industry — which leaves any decision on the future of the Golden Bay cement works still in limbo. The commission was asked by the cement companies to consider proposals to restructure the industry. Because the proposal calls for a collective national pricing agreement, which is an effective re-
straint on trade, the commission has sent the proposal to the Examiner of Commercial Practices for investigation. The Examiner will study the proposal to see if it is in “the public interest.” No time scale has been set for it. The proposal from the cement industry also seeks to have price controls removed. Public comment will be sought on this by the commission, which expects to announce the time frame for it within two weeks.
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Press, 29 May 1984, Page 3
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148Cement industry plea Press, 29 May 1984, Page 3
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