Wire industry cartel hearing postponed pending appeal decision

A Competition Tribunal hearing into alleged cartel activity and price-fixing by several companies in the wire and wire products manufacturing industry was again postponed on Monday pending a decision by the Competition Appeal Court (CAC). Respondents Allens Meshco, Wireforce, Hendok, Independent Galvanising and Associated Wire Industries – trading as Meshrite – last week attempted to have the tribunal hearing into the matter, which was set down from January 22 to February 4, postponed.