Statement Of Preliminary Issues Released For Life Health Foods / Chalmers Clearance Application
The Commerce Commission has published a statement of preliminary issues relating to an application from Life Health Foods NZ Limited seeking clearance to acquire the business and assets of Chalmers Organics Limited by way of a 100 percent asset purchase.
The statement outlines the key competition issues that 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 “LHF/Chalmers” in the subject line. Any submissions should be received by close of business on 22 February 2022.
The Commission is currently scheduled to make a decision on the application by 11 March 2022. However, this date may be extended as the investigation progresses.
The Statement of Preliminary Issues and a public version of the application can be found on the Commission’s case register.
Background
Life Health Foods and Chalmers Organics both supply a range of vegetarian and plant-based products, including meat alternatives, to supermarkets and other retail stores, as well as to the food service industry and home delivery.
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 our website.
University of Auckland: Junk Food Designed To Make Us Eat More, Study Finds
Spark: New Report Sets Out Outcomes-Led Approach To Lift Rural Connectivity Using The Right Mix Of Technologies
Bill Bennett: Fixed Voice Rules Head For Deregulation
UN Department of Global Communications: United Nations Proposes New Global Dashboard To Measure Progress Beyond GDP
Banking Ombudsman Scheme: Fraud Check Delays Well Worth The Inconvenience, Says Banking Ombudsman
Asia Pacific AML: NZ’s Financial Crime Gap - Beyond The 'Number 8 Wire' Mentality

