CORRECT: Competition watchdog names raft of issues in Z-Chevron merger proposal

Wed, 05 Aug 2015

(Corrects Z vs Chevron business model in third paragraph) By Pattrick Smellie Aug. 6 (BusinessDesk) - The Commerce Commission has identified a wide range of competition issues it will need to be satisfied about before it will tick through the proposed merger of Z Energy and the Chevron NZ, operator of the Caltex chain of petrol stations. The competition watchdog says it is "generally concerned with the ability of the merged entity to raise prices" right across the New Zealand fuel distribution and retail system, starting at the Marsden...

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