NZME, Fairfax NZ merger in trouble in ComCom draft decision

Mon, 07 Nov 2016

By Paul McBeth Nov. 8 (BusinessDesk) - The Commerce Commission's draft view is that it should reject a merger of NZME and Fairfax New Zealand, which it says would "result in an unprecedented level of media concentration for a well-established liberal democracy" with the potential loss of multiple media voices a major part of the decision. The competition regulator's preliminary view is that the merger of the country's two biggest newspaper and online publishers would substantially lessen competition in a number of markets, including prem...

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