Commission Grants Clearance For NEP To Acquire Sky's Outside Broadcasting Assets
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 th...
Source: scoop.co.nz