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June 2006

Commission closes investigation into Pernod Ricard's acquisition of Allied Domecq

30 June 2006

The Commission has closed its investigation into the acquisition of Allied Domecq plc by Pernod Ricard S.A. and does not intend to take any further action. The Commission is of the view that the acquisition is unlikely to have resulted in a substantial lessening of competition in any market.

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NZ Bus acquisition of Mana Coach shares breached Commerce Act: High Court

29 June 2006

In a landmark decision, New Zealand Bus Limited has been found guilty of breaching section 47 of the Commerce Act, which prohibits acquisitions that are likely to substantially lessen competition.

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Visy Industrial Plastics cleared to acquire Alto Holdings

28 June 2006

The Commerce Commission has cleared Visy Industrial Plastic (NZ) Limited (Visy Industrial), or an interconnected body corporate, to acquire either all of the issued shares in Alto Holdings Limited (Alto) or the entire plastic packaging business and assets of Alto and any of its subsidiaries.

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GE Fleet NZ applies for clearance to acquire Custom Fleet NZ

9 June 2006

The Commerce Commission has received an application from GE Fleet New Zealand seeking clearance to acquire the business of Custom Fleet (NZ) Limited. The acquisition of Custom Fleet in New Zealand forms part of a wider transaction involving the acquisition by related entities of GE Fleet of the Custom Fleet business in Australia and the United Kingdom.

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Commission revokes Pohokura gas authorisation

2 June 2006

The Commerce Commission has revoked the 2003 authorisation it granted to Shell, Todd and OMV to jointly sell gas from the Pohokura field.

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Rugby Union salary cap authorised for six years

2 June 2006

The Commerce Commission has told the New Zealand Rugby Union that it can impose a salary cap to limit the amount each union can spend on players. The cap will apply for six years from today, and will be reviewed after five years.

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