ComCom to assess whether Vodafone purchase would increase Infratil's market power

Thu, 30 May 2019

By Jenny Ruth May 31 (BusinessDesk) - The Commerce Commission says it currently expects to make a decision on Infratil’s application to buy up to 50 percent of shares in Vodafone New Zealand by July 15, although that may be extended as its investigation progresses. “The commission will give clearance if it is satisfied that the proposed acquisition will not have, or would not be likely to have, the effect of substantially lessening competition in a market in New Zealand,” the competition regulator says in its statement of preliminary issu...

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