Commerce Commission files proceedings against Wilson Parking, seeks penalty

Thu, 19 Jul 2018

By Margreet Dietz July 20 (BusinessDesk) - The Commerce Commission has filed proceedings against Wilson Parking, alleging New Zealand’s biggest parking company substantially lessened competition for the supply of car parking in the Boulcott Street area in central Wellington when it acquired the rights to operate the Capital car park. The antitrust regulator today filed papers in the High Court in Wellington, accusing Wilson Parking of breaching Section 47 of the Commerce Act, which prohibits acquisitions that are likely to substantially...

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