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

 

Statement: PropertyIQ’s application to acquire Terralink

Media Release - Statement of preliminary issues for PropertyIQ’s application to acquire the business and assets of Terralink

Media Release

Issued: 9 August 2013

Release No. 8

The Commerce Commission has published a statement of preliminary issues relating to an application from PropertyIQ seeking clearance to acquire the business and assets of Terralink.

Both PropertyIQ and Terralink supply a range of property information and data analytics services in New Zealand.

The statement of preliminary issues outlines the key competition issues that the Commission currently considers will be important in deciding whether or not to grant clearance. The Commission’s statement of preliminary issues and the public version of the application are on the Commission’s website at: www.comcom.govt.nz/clearances-register/

The Commission invites submissions from parties who consider that they have information relevant to the Commission’s consideration of this matter. Submissions can be sent to registrar@comcom.govt.nz with the reference PropertyIQ/Terralink in the subject line of your email or to PO Box 2351, Wellington 6140 by 4pm on Friday 23 August 2013.

Background
PropertyIQ is a New Zealand based company which provides property information and services. PropertyIQ offers a range of products including property reports to consumers and real estate professionals, customised data and analytical services to corporate customers, and the wholesaling of data sets. PropertyIQ is owned 50% by Quotable Value Limited (a Crown owned company) and 50% by RP Data New Zealand Limited.

Terralink Limited is a New Zealand company specialising in the provision of geospatial data and services. Terralink also provides a range of property information data sets, reports and services.

ENDS

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 


Auckland Airport: North American Touch Downs Make AA Most Connected In Australasia
The return of American Airlines, the world’s largest airline, announced today has cemented Auckland Airport’s title as the Australasian airport with the most non-stop connections to the United States and Canada... More>>



Reserve Bank: Monetary Conditions Tighten By More And Sooner

The Monetary Policy Committee today increased the Official Cash Rate (OCR) to 2.0 percent. The Committee agreed it remains appropriate to continue to tighten monetary conditions at pace to maintain price stability... More>>


The Download Weekly: Vodafone FibreX back in court

Vodafone and the Commerce Commission head back to court over FibreX in a week the TCF issues broadband marketing codes that should avoid similar problems in the future... More>>



Kiwibank: Savers To Benefit From Higher Returns Following OCR Rise

Following market movements Kiwibank is pleased to increase the interest rate and rates of return on its savings accounts... More>>

Fonterra: Provides 2022/23 Opening Forecast Farmgate Milk Price & Business Performance Update
Fonterra today announced its 2022/23 opening forecast Farmgate Milk Price and provided an update on its third-quarter performance... More>>


Stats: Quiet Start For Retail In 2022
The volume of retail sales was relatively unchanged in the March 2022 quarter, following a strong increase in the December 2021 quarter, Stats NZ said today... More>>