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Competition-law changes will be central to productivity gains, New Zealand minister says

( February 10, 2025, 05:39 GMT | Official Statement) -- MLex Summary: Boosting productivity by increasing competition and targeting overly concentrated markets is a significant plank of the government’s economic agenda, New Zealand’s competition minister said. In a speech to the Financial Services Council, Minister for Commerce and Consumer Affairs Andrew Bayly said reviewing the country’s competition laws and updating the role and powers of the New Zealand Commerce Commission would be central to the government’s 2025 policy initiatives, along with the implementation of the Consumer Data Right’s “open banking” and “open electricity” data-portability rules.The full speech by Andrew Bayly follows: ...

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