The Commerce Commission has published a statement of preliminary issues relating to an application from New Zealand Post Limited seeking clearance for it, or any interconnected body corporate, to acquire certain courier business assets of PBT Group Limited (PBT). Specifically, NZ Post seeks to acquire PBT’s existing contracts with businesses who have signed contracts to use PBT’s courier services.
The statement outlines the key competition issues that the Commission considers important in deciding whether or not to grant clearance to the proposed acquisition.
/Public Release. View in full here.
