Collaboration welcome says ComCom, collusion not

Collaboration welcome says ComCom, collusion not
There can be benefits from competitors collaborating but there is a line says watchdog. (Image: Getty)
Ian Llewellyn
The Commerce Commission encourages lawful collaboration between businesses to help them achieve sustainability objectives.However, the regulator warned it would not allow those initiatives to be used as an “excuse for collusion or other anti-competitive behaviour that harms New Zealanders”.The commission has issued new collaboration and sustainability guidelines, focusing on distinguishing between illegal collusion and legitimate collaboration.Its competition general manager, Antonia Horrocks, said: “It’s important...

More Markets

NZ sharemarket braces for Trump's 'Liberation Day'
Markets Market Close

NZ sharemarket braces for Trump's 'Liberation Day'

The S&P/NZX 50 Index closed at 12,320.19, up 7.59 points or 0.062%.

Graham Skellern 02 Apr 2025
Westpac Bank’s Eckhold says April cut likely wrong move
Economy

Westpac Bank’s Eckhold says April cut likely wrong move

Economists are widely expecting a 25 bps rate cut next week. 

Rebecca Howard 02 Apr 2025
Trump-era FX 'compounding' margin losses, analysts say
Retail

Trump-era FX 'compounding' margin losses, analysts say

"Liberation day" could make matters worse, says Kiwibank’s Kerr.

Gregor Thompson 02 Apr 2025