Offering customers discounts and rebates is standard practice in many industries, and as a general rule straight discounts - where customers receive a discount to reflect the efficiencies associated with increasing volumes - do not raise competition law issues.
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Fletcher Building's $1 billion acquisition of the Formica Group and the project to revitalise Auckland's waterfront topped many other major deals to win two of the prizes at the Australasian Law Awards in Sydney last night.
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