The Commerce Commission is consulting on new draft guidelines that outline the Commission?s approach to assessing clearance and authorisation applications.
The Commission is consulting on a revised draft of the current Mergers and Acquisitions Guidelines, as well as the newly drafted Authorisation Guidelines.
The Mergers and Acquisitions Guidelines, which outline our approach and process when considering clearances, were last published in 2003 and have been updated to reflect recent Commission decisions and New Zealand cases, international best practice, and the Commission?s plain English standard.
The Authorisation Guidelines, which outline our approach and process when considering authorisations for mergers and agreements, replace the Benefit and Detriment Guidelines published in 1997. The newly drafted guidelines reflect the developments in case law and our practice since the publishing of the Benefit and Detriment Guidelines.
The draft Mergers and Acquisitions Guidelines can be accessed on the Commission's website at http://www.comcom.govt.nz/mergers-and-acquisitions-guidelines/ and the draft Authorisation Guidelines at http://www.comcom.govt.nz/authorisation-guidelines/
The Commission is consulting on both sets of guidelines before they are finalised mid-2013 and invites comments from interested parties. Please send all comments to GuidelinesConsult@comcom.govt.nz by 5pm on Tuesday 9 April 2013.
Source: http://www.infonews.co.nz/news.cfm?id=103171
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