Non-notified acquisitions a concern for ComCom

Fri, 30 Nov 2018

By Gavin Evans Nov. 30 (BusinessDesk) - Investigations of non-notified mergers and acquisitions have disclosed “significant competition issues” with some firms being prosecuted as a result, the Commerce Commission says. The regulator’s case register shows four purchases or proposed purchases are being tested to see if they will reduce competition. They include Wilson Parking, against which the commission began High Court action in July for the firm’s 2016 purchase of a rival’s Wellington parking building. Commission chair Mark Berry to...

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