Antitrust regulator to probe Wilson’s acquisition of rival’s parking assets

Thu, 20 Jun 2013

June 21 (BusinessDesk) - The Commerce Commission has launched an investigation into whether Wilson Parking New Zealand’s acquisition of a rival’s parking assets will substantially reduce competition in the market. The regulator is seeking feedback from parties “who consider they have relevant information for the commission’s consideration” as it looks at whether the deal “is likely to have resulted in a substantial lessening competition in any relevant market,” it said in a statement. If the regulator decides there is substantial lessening...

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