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Strengthened competition settings are key to productivity, New Zealand minister says

( February 11, 2025, 00:44 GMT | Official Statement) -- MLex Summary: Improved competition is a “top priority” for New Zealand’s government and will benefit consumers while lifting productivity, a minister said. In a statement, Commerce and Consumer Affairs Minister Andrew Bayly said the review of competition settings announced in December would help the government move beyond sector-specific legislation in a bid to “improve our overarching competition settings.” The statement marks the closure of the government’s consultation period for changes to the merger and acquisition provisions of the Commerce Act.The full statement from New Zealand Commerce and Consumer Affairs Minister Andrew Bayly follows: ...

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