Press Release – Commerce Commission The Commerce Commission has granted clearance for NEP Broadcast Services New Zealand Limited to acquire from Sky Network Television Limited the assets of its outside broadcasting business, Outside Broadcasting Limited. Chair Anna Rawlings said the …
The Commerce Commission has granted clearance for NEP Broadcast Services New Zealand Limited to acquire from Sky Network Television Limited the assets of its outside broadcasting business, Outside Broadcasting Limited.
Chair Anna Rawlings said the Commission is satisfied that the acquisition is unlikely to substantially lessen competition in any New Zealand market.
Central to the Commission’s decision was its assessment of what Sky would otherwise do if the proposed acquisition did not proceed. In particular, the Commission considered and tested whether there was a realistic prospect that OSB would otherwise continue providing outside broadcasting services in competition with NEP.
Friday, 5 February 2021, 6:19 am
The Commerce Commission has granted clearance for NEP
Broadcast Services New Zealand Limited to acquire from Sky
Network Television Limited the assets of its outside
broadcasting business, Outside Broadcasting
Limited.
Chair Anna Rawlings said the Commission is
satisfied that the acquisition is unlikely to substantially
lessen competition in any New Zealand market.
Central
to the Commission’s decision was its assessment of what
Sky would otherwise do if the proposed acquisition did not
proceed. In particular, the Commission considered and tested
whether there was a realistic prospect that OSB would
otherwise continue providing outside broadcasting services
in competition with NEP.