October 2009
'Failing firm' guidelines issued by Commerce Commission
30 October 2009
The Commerce Commission today released guidelines on how applications for mergers and acquisitions involving the 'failing firm' argument will be treated. The guidelines are designed to assist businesses and their legal representatives by explaining how the Commission will assess claims that the target firm (or division of a firm) is failing as well as outlining the types of supporting evidence that may be required. These guidelines supplement the Commission's Mergers and Acquisitions Guidelines.Relates to: Business Competition
Credit card settlements lower New Zealand business costs
5 October 2009
The Commerce Commission has reached separate agreements with seven financial institutions settling the Commission's claims that they breached the Commerce Act, and ushering in a new competitive landscape for the credit card industry in New Zealand.Relates to: Business Competition
