COVID-19: Anti-competition laws relaxed for business

COVID-19: Anti-competition laws relaxed for business
Pattrick Smellie
The government is instructing its competition watchdog, the Commerce Commission, to "be more flexible than it might be in normal times" to let competing businesses work together, share resources, or take other cooperative measures."Commerce Minister Kris Faafoi issued the instruction "to ensure New Zealanders have access to the products and services they need" as the country responds to the "exceptional circumstances created by covid-19."However, collusion among competitors to fix prices will not be tolerated.“Sectors like supermarkets and tele...

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