High Court rejects NZME/Fairfax NZ appeal, upholds regulator's plurality ruling

Mon, 18 Dec 2017

By Paul McBeth Dec. 19 (BusinessDesk) - The High Court has rejected NZME and Fairfax New Zealand's attempt to overturn a Commerce Commission ruling against a proposed merger of the country's dominant newspaper publishers and upheld the regulator's right to rely on the shrinking number of voices in the market. Justice Robert Dobson and lay member Professor Martin Richardson yesterday dismissed the appeal, finding the regulator was entitled to place significant weight on the loss of media plurality if the merger went ahead, a key point of...

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