NZ Windfarms signs hedge for all its output
By Gavin Evans July 29 (BusinessDesk) - NZ Windfarms has signed a 15-month hedge on all the production from its Te Rere Hau wind farm near Palmerston North. The firm says the deal with a “major” New Zealand-based counter-party, takes effect from Oct. 1 and provides a quarte...
Digital platform harms won't be fixed by competition regulation alone
By Gavin Evans July 29 (BusinessDesk) - Global digital platforms may have the potential for harm, but competition regulation isn’t necessarily the right tool for addressing them, a visiting academic says. Concerns about the size of some platforms – which include Google, Fac...
Sky-Vodafone merger decision challenging - Berry
By Gavin Evans July 29 (BusinessDesk) - The $3.4 billion Sky-Vodafone New Zealand transaction the Commerce Commission rejected in 2017 was the most difficult of the vertical mergers former chair Mark Berry had to consider. Vertical mergers – where a firm moves into another...
Pursue individuals 'harshly' in cartel cases, ComCom told
By Gavin Evans July 26 (BusinessDesk) - The Commerce Commission should pursue cartel prosecutions against individuals “harshly” if it wants to achieve the greatest deterrence using new powers coming into effect in 2021, a visiting regulator says. Brent Snyder, previously he...
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