INDEPENDENT NEWS

InternetNZ comment on merger clearance decision

Published: Thu 23 Feb 2017 11:18 AM
InternetNZ comment on Commerce Commission’s Vodafone / Sky merger clearance decision
InternetNZ has responded to this morning’s decision by the Commerce Commission to deny Commerce Act clearance for the proposed merger of Vodafone and Sky.
Chief Executive Jordan Carter says:
“InternetNZ has participated throughout this process due to our concern that a merger between Vodafone and Sky could have raised Network Neutrality concerns, and could have damaged competition for telephony, Internet and TV services.
“Kiwi consumers could have been the losers from such a deal.
“It was up to Vodafone and Sky to persuade the Commission that clearance should be granted, and they have not done so. The concerns we and others raised have proven to be significant.
“We look forward to seeing the Commission’s reasoning behind the decision in the next few days or weeks.
“Sky and Vodafone, absent this merger, will be competitors in the ever-changing markets for communications services. We look forward to seeing how they respond, and how the market evolves,” says Jordan Carter.
InternetNZ supported the application granted by the High Court to Spark and others yesterday (Wednesday 22nd) to defer the merger if clearance was granted, to give the public a chance to scrutinise the reasons given before a merger proceeded.
ENDS

Next in Business, Science, and Tech

Government Ends War On Farming
By: Federated Farmers
NZ Researchers Drive Work On International AI Framework
By: University of Auckland
Woolworths New Zealand Rolls Out Team Safety Cameras To All Stores As Critical Tool For De-escalating Conflict
By: Woolworths New Zealand
Environmentally Conscious Shoppers At Risk Of Being Greenwashed
By: Consumer NZ
Facing The Future: The Use Of Biometric Tech
By: Hugh Grant
Gaffer Tape And Glue Delivering New Zealand’s Mission Critical Services
By: John Mazenier
View as: DESKTOP | MOBILE © Scoop Media