US vs Japan in tussle for NZ's Serato

US vs Japan in tussle for NZ's Serato
Blame it on the Rane. (Image: Getty)
Paul McBeth
Assurances about monopoly power from the Japanese buyer of Auckland-based DJ software company Serato should not be taken at their word, says Serato's American customer, InMusic, in a submission to the New Zealand competition regulator, the Commerce Commission.Nor should Serato believed when it says it's being bought by Yokohama-based AlphaTheta (ATC) when the NZ software firm is "in decline".ATC proposes to pay US$65 million ($104.1m) for Serato, subject to competition and overseas investor approvals in NZ.In a separate respon...

More Law & Regulation

DeVere censured by FMA for failing to meet obligations
Law & Regulation

DeVere censured by FMA for failing to meet obligations

The FMA has censured deVere for failing to comply with obligation under its FAP licence.

Tom Raynel 12:15pm
Country Road loses court battle over duties
Retail

Country Road loses court battle over duties

Country Road has been ordered to retroactively pay $2.5 million in duties and GST.

Foodstuffs alleges defamation over merger opinion piece
Retail

Foodstuffs alleges defamation over merger opinion piece

Chapman Tripp lawyers sent letters to the University of Auckland and Stuff.

Cleaning company escapes much bigger fine for cartel conduct
Law & Regulation

Cleaning company escapes much bigger fine for cartel conduct

The High Court fined Canterbury Industrial Scrubbing $51,000.

Staff reporters 02 Jul 2024