Commerce Commission delays decision on 'complex' Fairfax-NZME merger

Sun, 21 Aug 2016

By Jonathan Underhill Aug. 22 (BusinessDesk) - The Commerce Commission has delayed its decision on the proposed merger between NZME and Fairfax Media's New Zealand assets, saying the deal is complex and it needs more time to assess the impact on both news content and the advertising market. The regulator had been scheduled to make a decision on the merger today but said it will release a draft determination in early November ahead of a possible public conference in December, if needed. "The commission would then consider all submissions a...

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