( November 13, 2025, 00:08 GMT | Official Statement) -- MLex Summary: New Zealand’s banks and retailers have been denied authorization to collectively bargain with Evergreen International, the country’s sole remaining cash-delivery provider. In a decision announced today, the New Zealand Commerce Commission said it had declined the New Zealand Banking Association’s application for interim authorization, although it was continuing to consider the association’s application for full authorization to negotiate with the company, which trades as Armourguard. “Two of the three commissioners who considered the interim application, Chair Dr John Small and Commissioner Bryan Chapple, were not satisfied that it is appropriate to grant interim authorization,” the watchdog said in its statement.The full statement follows: ...
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