On 19 December the High Court essentially confirmed that the New Zealand Commerce Commission (NZCC) was right to decline clearance & authorisation for the proposed NZME and Fairfax merger. The proposed merger would have brought New Zealand’s two biggest newspaper networks and online news sites under common ownership, with a combined monthly reach of 3.7 million …

Elsie Stone has joined Matthews Law from the Takeovers Panel. Elsie works on competition (antitrust), technology and commercial matters. Her competition work covers merger control, cartels & investigations, and regulation & access. She is a key contact for compliance matters. Elsie’s contact details are here and her LinkedIn profile is here.

There has been a spotlight on merger activity in New Zealand’s telecommunications and media space over recent months. Two high-profile mergers were proposed, with the applicants in each case citing a need to keep up with challenging and rapidly commercial environments. However, in both cases the New Zealand Commerce Commission declined to approve the proposed …

Commission brings 7 high profile fair trading cases in as many weeks The Commerce Commission (Commission) has brought proceedings against 7 (mostly) well-known companies – peer-to-peer lender Harmoney, Youi, Trustpower, 123 Mart, Budge, Godfreys and Bike Barn – since 1 August this year, alleging various breaches of the Fair Trading Act 1986 (FTA). A number …

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