Vetlife warned over alleged price fixingMYTCHALL BRANSGROVE/STUFF Vetlife operates 17 practices across the South Island. Vet company Vetlife has copped a warning from the country's competition watchdog which alleged it had engaged in price fixing with a competitor in 2015. The Commerce Commission said a customer which was a long-standing customer of Vetlife presented a prescription for Cepravin to a competing practice. "Instead of independently deciding what price the competing practice would offer, Vetlife and the competing practice agreed that the competing practice would not compete to supply the product," the commission said in a statement. Its statement did not indicate whether or in what way the alleged agreement might have been reciprocal.

Source: Stuff January 08, 2018 05:06 UTC