Sharechat Logo

Submissions on acquisitions

Friday 10th November 2000

Text too small?

The Commerce Commission is calling for submissions from business on how it should consider business acquisitions.

At present the Commerce Act prohibits acquisitions that result in market dominance being acquired or strengthened. Forthcoming amendments will raise the threshold to acquisitions that "substantially lessen competition."

Chairman John Belgrave stressed the commission was looking for submissions only on the approach the commission should take under the new regime, not on the regime itself.

Submissions should be made by December 1, when the commerce select committee reports back to Parliament.

  General Finance Advertising    

Comments from our readers

No comments yet

Add your comment:
Your name:
Your email:
Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Related News:

NZ dollar rises as US-China trade, Brexit tensions ease
SkyCity shares hit 7-week low as fire encapsulates convention centre
Wrightson showcases Fruitfed Supplies as horticulture stands out
Fonterra rivals fear dairy giant will get leg up from law overhaul
Wellington Drive remains in the black as it raises operating forecast
OMV plans further maintenance at Pohokura
Sky continues sports drive with extension to netball rights
Apple's asset-shuffling puts $270m value on PowerbyProxi
Fonterra lifts payout forecast on improving global dairy prices
22nd October 2019 Morning Report

IRG See IRG research reports