Region: New Zealand

New Zealand’s criminal cartel regime goes live

New Zealand has launched its long-awaited criminal cartel regime, meaning that price-fixing, market allocation and bid-rigging can now be punished with a jail sentence of up to seven years.

08 April 2021

New Zealand looks to revise leniency ahead of new criminal cartel rules

New Zealand’s government has issued draft guidelines for how the solicitor-general will handle applications for immunity from prosecution ahead of the country’s transition to a criminal cartel regime in April 2021.

18 December 2020

New Zealand

Featured in GCR 100 2021

A handful of small but very capable local antitrust practices are now eagerly awaiting much discussed changes to New Zealand’s cartel laws and possible amendments to misuse of market power rules.

11 December 2020

New Zealand settles car park merger dispute

New Zealand’s largest parking company has agreed to divest three leases to parking facilities in Wellington to settle claims from the country’s antitrust watchdog that a deal to acquire a lease for a rival car park harmed competition.

21 October 2020

Mylan/Upjohn cleared with remedies

Competition enforcers in New Zealand and Australia have cleared the proposed merger of Pfizer’s subsidiary Upjohn with Mylan subject to a series of divestitures.

10 September 2020

Enforcers agree new cooperation framework for digital age

Antitrust agencies in the UK, US, Australia, Canada and New Zealand have signed a competition framework agreement that aims to increase cooperation in cross-border investigations.

03 September 2020

New Zealand enforcer enhances protocols following 2019 robbery

New Zealand’s competition watchdog has enhanced its security protocols for storing sensitive information following the 2019 theft of computer equipment containing confidential material from an external provider.

05 August 2020

New Zealand enforcer forgoes cartel fine due to coronavirus

A horse transportation company has escaped fines for price fixing in New Zealand, because of the impact of the covid-19 pandemic.

29 July 2020

Australia and New Zealand conditionally clear Elanco/Bayer

Competition enforcers in Australia and New Zealand have cleared Elanco Animal Health’s €7 billion acquisition of Bayer’s animal health business after Elanco agreed to divest several products in each country.

09 July 2020

New Zealand court punishes pharmacy and director for price-fixing

The Wellington High Court has fined a pharmacy and one of its directors for fixing the prices of prescription items in 2016.

10 June 2020

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