ComCom wants feedback on misuse of market power guidelines

Tue, 18 Oct 2022

The Commerce Commission has released a draft misuse of market power guidelines on how it will enforce changes to the Commerce Act next year.The Commerce Amendment Act 2022 makes changes to better address conduct likely to substantially lessen competition in a market.It will also align New Zealand's rules with Australian legislation.The commission is seeking submissions until Nov 18. The changes will come into effect on April 5, 2023.The regulator defines any business that is “substantially unconstrained” by competitive pressures...

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