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

 

36 hours of scrutiny essential on Vodafone-Sky merger

36 hours of scrutiny essential on Vodafone-Sky merger

Source: InternetNZ

--

InternetNZ has advised the High Court it supports telecommunications companies’ requests to delay the proposed merger between Vodafone New Zealand and Sky Network Television by 36 hours, in the event this merger is allowed to proceed by the Commerce Commission.

The Commerce Commission is due to release its decision on the merger application on Thursday morning, 23 February.

"If the merger application is approved by the Commerce Commission, Vodafone and Sky will likely complete the merger almost immediately. This will mean that appropriate scrutiny of the Commission’s decision won’t be able to occur," says InternetNZ Deputy Chief Executive, Andrew Cushen.

InternetNZ has participated throughout this merger application process, raising concerns that the Vodafone-Sky merger may raise network neutrality issues and diminish competition for telephony and pay TV services.

"The Commission was clearly concerned about these matters as well - hence they took the unprecedented step of releasing the Letter of Unresolved Issues late in 2016," says Cushen.

The telecommunications companies’ applications to the High Court seeks an order to prevent the merger from being completed for 36 hours following the release of the Commission’s decision. This would allow the necessary analysis of the decision, if approval of the merger is granted.

"36 hours is the bare minimum amount of time to allow InternetNZ and other parties the opportunity to assess the Commission’s decision.

"This delay is vital to let us and others check whether the evidence and submissions presented during the merger assessment process have been heard and considered. We need to make sure the merger - if approved - will not be to the detriment of New Zealand Internet, phone and TV users.

"InternetNZ supports the actions to ensure that any merger outcomes will not come at the cost of New Zealanders," says Cushen.

ENDS


© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Up 0.5% In June Quarter: Services Lead GDP Growth

“Service industries, which represent about two-thirds of the economy, were the main contributor to GDP growth in the quarter, rising 0.7 percent off the back of a subdued result in the March 2019 quarter.” More>>

ALSO:

Pickers: Letter To Immigration Minister From Early Harvesting Growers

A group of horticultural growers are frustrated by many months of inaction by the Minister who has failed to announce additional immigrant workers from overseas will be allowed into New Zealand to assist with harvesting early stage crops such as asparagus and strawberries. More>>

ALSO:

Non-Giant Fossil Disoveries: Scientists Discover One Of World’s Oldest Bird Species

At 62 million-years-old, the newly-discovered Protodontopteryx ruthae, is one of the oldest named bird species in the world. It lived in New Zealand soon after the dinosaurs died out. More>>

Rural Employers Keen, Migrants Iffy: Employment Visa Changes Announced

“We are committed to ensuring that businesses are able to get the workers they need to fill critical skills shortages, while encouraging employers and regions to work together on long term workforce planning including supporting New Zealanders with the training they need to fill the gaps,” says Iain Lees-Galloway. More>>

ALSO:

Marsden Pipeline Rupture: Report Calls For Supply Improvements, Backs Digger Blame

The report makes several recommendations on how the sector can better prevent, prepare for, respond to, and recover from an incident. In particular, we consider it essential that government and industry work together to put in place and regularly practise sector-wide response plans, to improve the response to any future incident… More>>

ALSO: