( February 26, 2025, 01:37 GMT | Official Statement) -- MLex Summary: New Zealand’s competition minister, Andrew Bayly, has resigned over an altercation in his office, in which he says he held the arm of a staff member. In a press conference on Tuesday, New Zealand Prime Minister Christopher Luxon said another member of parliament for the governing National Party, Scott Simpson, would take over Bayly’s role as minister of commerce and consumer affairs. Bayly had been a vocal proponent of the need to overhaul the country’s competition laws — a process that is now underway.The transcript of Prime Minister Christopher Luxon's statement follows: ...
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