SNAP: ComCom sticks to its guns in rejecting NZME-Fairfax NZ merger

Tue, 02 May 2017

By Paul McBeth May 3 (BusinessDesk) - The Commerce Commission has stuck to its guns in rejecting a proposed tie-up between the country's major news publishers Fairfax New Zealand and NZME, reiterating its concerns that while the merger could buy the companies some time it would concentrate too much media influence in one entity. The antitrust regulator affirmed its draft decision in rejecting the proposed merger, saying its primary concern was that the deal would reduce the quality of news produced and the diversity of voices available t...

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