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

 

Statement of preliminary issues for Ixom/Oji acquisition

Media Release
Issued 23 January 2019
Release No. 103

Statement of preliminary issues released for the Ixom/Oji acquisition

The Commerce Commission has published a Statement of Preliminary Issues relating to Ixom’s proposed acquisition of the manufacturing assets of a chemical plant in Kawerau from Oji.

The statement outlines the key competition issues the Commission considers important in deciding whether or not to grant clearance to the proposed acquisition.

The Commission invites interested parties to provide comments on the likely competitive effects of the proposed acquisition. Submissions can be sent by email to registrar@comcom.govt.nz with the reference Ixom/Oji in the subject line. Any submissions should be received by close of business on Thursday 7 February 2019.

The Commission is currently scheduled to make a decision on the application by 12 March 2019. However, this date may be extended as the investigation progresses.

The statement of preliminary issues and public version of the application can be found on the case register.

Background

We will give clearance to a proposed merger if we are satisfied that the merger is unlikely to have the effect of substantially lessening competition in a market.

Further information explaining how the Commission assesses a merger application is available on ourwebsite.



© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Zero Gross CO2 Target, Separate Biological Emissions: Environment Commission On ETS

A report about taking an alternative ‘landscape approach’ to Aotearoa New Zealand’s long-term climate change targets and policies has been released today by the Parliamentary Commissioner for the Environment, Simon Upton. More>>

ALSO:

Tax Bill Passes, Drops: “An End To Unnecessary Secondary Tax”

“The changes mean Inland Revenue will more closely monitor the tax paid by wage and salary earners through the year. If it appears the worker is being over taxed, Inland Revenue will suggest a more suitable PAYE tax code tailored to that worker.” More>>

ALSO:

Ethiopian Airline Crash: Boeing 737 Max Aircraft Operations Temporarily Suspended

New Zealand’s Civil Aviation Authority has suspended the operation of Boeing 737 MAX aircraft to or from New Zealand. Currently this affects only one operator, Fiji Airways. There are no other airlines that fly this aircraft type to New Zealand. More>>

ALSO:

Sorting Out DNA: Crime-Busting Software Wins Top Science Prize

Software developed in New Zealand that has contributed to identifying suspects in tens of thousands of criminal cases around the world has won the 2018 Prime Minister’s $500,000 Science Prize. More>>

ALSO:

In The High Court: IRD Wins Tax Avoidance Case

Inland Revenue has won a High Court case against Eric Watson’s Cullen Group over a nearly $52 million tax debt. More>>

ALSO:

Insurers Withdraw From Market: Plea For EQC Rethink

A consumer watchdog wants the government to rethink the Earthquake Commission (EQC) as more people are pushed out of getting property and contents insurance. More>>

ALSO: