The Australian cardboard box-maker has already paid a penalty of $A36 million for the same behaviour in Australia.
The Commerce Commission has made price-fixing allegations relating to transactions involving Coca Cola, Goodman Fielder, Inghams and Mainland.
The Federal Court of Australia has already imposed penalties of $A36 million against Visy Board and its owner, Richard Pratt, and $A500,000 against former general manager Rod Carroll.
A Kiwi connection in one of the most serious and blatant price-fixing cartels in Australian history is playing out in the High Court at Auckland – but reporting of it is banned.
The Australian Competition and Consumer Commission case against Visy Board Pty resulted in record penalties of $A36 million.
On the coat-tails of the Australian case the Commerce Commission has launched price-fixing action against Visy Board (NZ), its Australian parent Visy Board Pty, and company officers Harry Debney, John Roderick Stephen Carroll and James George Hodgson.