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Bill to amend competition laws introduced in New Zealand parliament

( December 9, 2025, 20:25 GMT | Official Statement) -- MLex Summary: A bill has been introduced in the New Zealand parliament as part of the planned revamp of the country’s competition laws targeting creeping acquisitions and predatory-pricing practices. The Commerce (Promoting Competition and Other Matters) Amendment Bill introduced on Monday and published on Tuesday proposes to give the Commerce Commission powers to assess the effect of acquisitions made by the a party over the preceding three years and to grant “class exemptions” for categories of low-risk conduct. The bill also proposes to change to the definition of “substantial lessening of competition” to include conduct that "creates, strengthens, or entrenches market power.”The bill is attached....

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