New Zealand competition watchdog outlines preliminary issues in APN-Fairfax merger
New Zealand’s competition watchdog has identified five key areas of overlap that would result from a merger between Fairfax Media New Zealand and APN News & Media.
The Commerce Commission has released a statement of preliminary issues regarding the proposed merger which was announced last month.
“We will investigate whether the proposed merger is likely to substantially lessen competition in the relevant markets by focusing on the unilateral and vertical effects that might result from this merger,” the Commission revealed, in a statement.
ACCC blocked Carsales buying Trading Post in 2013.
With the rise of the US tech giants, the landscape has changed for local media companies.
Aus and NZ governments are still stuck in the 1990s.