New ComCom anti-competitive powers from April 5

New ComCom anti-competitive powers from April 5
Staff reporters
The Commerce Commission is warning that changes to section 36 of the Commerce Act that come into force from April 5 will make it easier for it to take action against businesses with market power whose conduct stifles competition.“From next week, the conduct of these firms can be assessed against its effect on competition. This will allow us to more successfully pursue conduct that is currently beyond our reach,” said commission chair, John Small.The current market power test is complex, unwieldy and focused on details that distract...