ComCom pushing for market studies powers despite business opposition

Wed, 14 Feb 2018

By Sophie Boot Feb. 15 (BusinessDesk) - The Commerce Commission says its market studies powers are a "live issue" of discussion with the government, and would expect that New Zealand would mirror Australian law when legislation is introduced. Late last year, Commerce and Consumer Affairs Minister Kris Faafoi said he has asked officials to fast-track work to enable the ComCom to undertake market studies by the end of 2018, which would mean it could compel companies to provide information so the regulator can fully understand how markets ar...

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