Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Long Live Competition; Long Live Choice

Long Live Competition; Long Live Choice

Origin Pacific is pleased – and relieved – that the Commerce Commission’s draft determination has indicated on the basis of the information it has to date that the Commission is likely to decline authorisation of the proposed Alliance.

“At least at the moment, this is a victory for competition and freedom of choice for travellers,” said Origin Pacific CEO, Tony Marks. “The go ahead for the merger of the two airline giants would be the equivalent of a shotgun marriage between the All Blacks and Wallabies. We all want to watch the two sporting teams compete on a level playing field and embody the spirit of fair play, not be presented with a gang of one.”

“ We recognise, of course, that it’s still early days and we’re sure the draft determination will be strongly challenged by the applicants. We continue to believe however that the public and national interest will not be protected through sanctioning the airline monopoly which would result from the alliance. It would be foolish to see the alliance if it proceeds as anything but a huge blow to competition.

Mr Marks said Origin Pacific is a fighter and is committed to pushing for effective competition in the New Zealand markets. “The draft determination of the Commission is a welcome step in that direction.

“We’re proud to be a New Zealand owned airline and an airline that’s made for New Zealand and the kiwi lifestyle,” he said. “We are part of New Zealand – it’s our country of Origin.”

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Media Mega Merger: StuffMe Hearing Argues Over Moveable Feast

New Zealand's two largest news publishers are appealing against the Commerce Commission's rejection of the proposal to merge their operations. More>>

Elsewhere:


Approval: Northern Corridor Decision Released

The approval gives the green light to construction of the last link of Auckland’s Western Ring Route, providing an alternative route from South Auckland to the North Shore. More>>

ALSO:


Crown Accounts: $4.1 Billion Surplus

The New Zealand Government has achieved its third fiscal surplus in a row with the Crown accounts for the year ended 30 June 2017 showing an OBEGAL surplus of $4.1 billion, $2.2 billion stronger than last year, Finance Minister Steven Joyce says. More>>

ALSO:

Mycoplasma Bovis: One New Property Tests Positive

The newly identified property... was already under a Restricted Place notice under the Biosecurity Act. More>>

Accounting Scandal: Suspension Of Fuji Xerox From All-Of-Government Contract

General Manager of New Zealand Government Procurement John Ivil says, “FXNZ has been formally suspended from the Print Technology and Associated Services (PTAS) contract and terminated from the Office Supplies contract.” More>>