ComCom to issue Statement of Issues on Viridian’s bid for Metro Glass

ComCom to issue Statement of Issues on Viridian’s bid for Metro Glass
(Image: NZME)
BD AI
The Commerce Commission has announced its decision to issue a Statement of Issues regarding Viridian's proposed acquisition of Metro Performance Glass.The statement will highlight potential competition issues that have been identified during the commission's initial investigation.The commission has raised concerns about the possibility of adverse competitive effects resulting from the loss of competition between Viridian and Metro in the glass processing, supply, and installation markets.These effects could involve price increases or a...