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:

RBNZ review seeks wider input on quantitative easing, bank supervision
NZ dollar rises on strong domestic exports, Trump comments on Powell
Goldsmith replaces Adams as Nat's shadow finance minister
Gold Report 25th June 2019
OECD joins KiwiBuild critics as 'reset' looms
Global trade crisis 'bad news' for open economies like NZ - OECD
Milk testing firm GEA Milfos to pay $925k for fixing prices
Dairy sales push May exports to record high
Pay rises lift employment confidence; outlook weak
Sky TV drops 'puck' deployment

IRG See IRG research reports