Appeal Court upholds rejection of Stuff, NZME merger

Mon, 24 Sep 2018

By Paul McBeth Sept. 25 (BusinessDesk) - The Court of Appeal has upheld the rejection of plans to create a dominant newspaper publisher through the merger of Stuff and NZME. The full judgment will be released later this week, but the court has dismissed the media companies' appeal. Stuff and NZME claimed the Commerce Commission went beyond its mandate by ignoring economic gains from the tie-up for fear of diluting diversity of voices in the media landscape. The High Court agreed the regulator was entitled to consider lost media plura...

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