Region: New Zealand

Russell McVeagh’s competition head leaves for the bar

Sarah Keene has left Russell McVeagh to join New Zealand’s bar as an independent barrister after almost 17 years at the firm.

20 August 2021

New Zealand launches new regulatory regime to promote fuel competition

New Zealand has implemented new regulation to stimulate competition in the country’s fuel market, after a market study in 2019 found that the sector should be more competitive.

11 August 2021

New Zealand market study finds structural problems in grocery sector

New Zealand’s Commerce Commission has suggested breaking up the incumbent supermarket duopoly “as a last resort” after a market study found a lack of competition in the grocery sector.

30 July 2021

New Zealand’s enforcer goes after Google Ads agreements

New Zealand’s antitrust authority is seeking a declaration from the High Court that a consumer loan company violated the country’s anti-cartel rules by allegedly agreeing with rivals not to appear in each other’s Google search results.

21 July 2021

The Asia-Pacific Round-up (9 July 2021)

News in brief from the Asia-Pacific region… China cranked up its tech crackdown yet again with another slate of gun-jumping decisions. Meanwhile, reports surfaced this week that Korea’s competition watchdog is investigating Broadcom just as the US-based chipmaker wrapped up a monopolisation lawsuit at home. And a pair of mergers are working their way through lengthy merger probes – one in New Zealand and another in Singapore.

08 July 2021

New Zealand remains sceptical on waste collection deal

New Zealand’s competition agency is concerned that Can Plan Nelson’s proposed acquisition of certain assets of a waste collection business might substantially lessen competition for residential services in that market.

01 June 2021

New Zealand enforcer seeks fine against alleged taxi conspirator

New Zealand’s competition watchdog has asked a local court to fine a taxi company for allegedly colluding with two rivals to implement a minimum charge for taxi rides at the country’s capital airport.

04 May 2021

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

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