NZ Commerce Commission signals it will block NZME-Fairfax NZ merger due to diversity of voices concerns
The New Zealand Commerce Commission has signalled it will not allow a merger between NZME and Fairfax’s New Zealand assets due to concerns it would result in one outlet controlling nearly 90% of NZ’s print media market.
The NZCC’s draft determination outlines concerns around the impact of the merger on competition in both advertising and reader markets.
