ComCom way outside its remit in NZME/Fairfax merger rejection, say submissions

Tue, 29 Nov 2016

By Pattrick Smellie Nov. 29 (BusinessDesk) - The Commerce Commission has strayed far beyond its governing legislation by making what amount to "social policy" judgments in its draft rejection of the proposed merger between New Zealand's two largest news publishers, NZME and Fairfax New Zealand, say submissions in response to the rejection. In a joint submission on the shock draft determination to turn down the merger, NZME and Fairfax say the commission's concern about 'media plurality' - the desirability of a range of differing viewpoint...

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