
NZME-Fairfax merger plans in peril
Multimillion dollar plans to merge Fairfax Media NZ with NZME are in jeopardy after the New Zealand Commerce Commission indicated it would not approve the proposal.
Multimillion dollar plans to merge Fairfax Media NZ with NZME are in jeopardy after the New Zealand Commerce Commission indicated it would not approve the proposal.
A lack of submissions to the New Zealand Commerce Commission from advertisers and suppliers strengthens the case for a merger between NZME and Fairfax NZ, the two publishers have claimed.
Submissions to the New Zealand Commerce Commission on the proposed merger of NZME and Fairfax Media’s NZ assets have exposed concerns over a reduction of independent views, the establishment of a near monopoly and job losses.
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