Region: New Zealand

Australia follows New Zealand in approving RV acquisition

The Australian Competition and Consumer Commission has joined New Zealand’s Commerce Commission in approving a tie-up between motorhome rental companies THL and Apollo subject to a package of divestment remedies.

29 September 2022

Relaxation of foreign investment control rules fails at first hurdle in New Zealand

Lawmakers in New Zealand have rejected a bill that would have exempted investors based in member countries of the Organisation for Economic Co-operation and Development from requiring foreign investment control clearance.

26 September 2022

RV companies offer divestitures to allay concerns in Australia

Motorhome rental companies THL Group and Apollo Tourism & Leisure have offered to divest a significant portion of the latter’s recreational vehicle business in Australia to address concerns that their merger would harm competition.

07 September 2022

New Zealand threatens price regulation if supermarkets don’t open up wholesale arms

New Zealand’s government has ordered the country’s supermarket duopolists to voluntarily provide rivals with fair access to their wholesale products or face price regulation.

26 August 2022

New Zealand to let news companies collectively negotiate with Meta and Google

New Zealand’s competition watchdog has provisionally decided to allow the News Publishers’ Association of New Zealand to collectively negotiate with Meta and Google over the terms and conditions for displaying news content.

10 August 2022

Rebates stunting competition in residential building supplies market, NZCC finds

New Zealand’s antitrust authority has encouraged companies in the residential building supplies market to reconsider the use of quantity-based rebates ahead of next year’s introduction of an effects test for the country’s misuse of market power rules.

03 August 2022

NZ lawmaker: exempt OECD members from FDI law to aid grocery sector

A New Zealand lawmaker has suggested exempting members of the Organisation for Economic Co-operation and Development from the country’s foreign investment law to stimulate growth in the grocery sector, as he slammed the government’s response to the cost of living crisis.

20 July 2022

Māori calls on government to halt sale of petrol company to Australian buyer

The National Māori Authority has called for New Zealand’s government to pause the sale of the country’s third-largest fuel retailer to offshore interests and questioned whether the national interest test under the country's foreign investment control regime is robust enough.

17 June 2022

Russell McVeagh bolsters practice

Russell McVeagh has promoted Petra Carey and Bradley Aburn to the partnership in Auckland.

31 May 2022

New Zealand rejects fitness company’s proposed standardised pricing policy

New Zealand’s competition watchdog has rejected the country’s first-ever application for authorisation of a collaborative agreement under new powers assumed in 2017, concluding that a fitness company’s proposed implementation of a standardised pricing policy with franchisees would be unlawful.

31 May 2022

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