On 15 February 2018, Commerce and Consumer Affairs Minister, Kris Faafoi, tabled the Commerce (Criminalisation of Cartels) Amendment Bill (Bill) in the House. The Bill introduces a new criminal offence for cartel conduct, which includes a penalty for individuals of imprisonment of up to seven years. If enacted, there would be a two-year transitional period …

We are pleased to announce that Matthews Law has again been ranked as a leading firm in competition/antitrust in the Chambers Asia-Pacific 2018 Guide. The Guide describes our firm, established in 2013, as a “specialist competition law practice offering comprehensive advice on regulatory investigations, merger clearance and advisory matters, and consumer law for high-end clients. …

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 …

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