ComCom's unquantifiable judgement call on media merger a 'live legal issue'

Wed, 03 May 2017

By Pattrick Smellie May 3 (BusinessDesk) - NZME and Fairfax New Zealand are most likely to focus any appeal against the Commerce Commission's rejection of their proposed merger on the unquantified view that the detriments to the quality and variety of news is greater than between $40 million and $200 million of expected commercial benefits from the merger over five years, says Auckland law firm Simpson Grierson. "While Fairfax/NZME will no doubt be unhappy that the commission has rejected their confidential submissions as to the likely fu...

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