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The Economics of the Commerce Act. Ed A. Bollard (NZIER Research Monograph 52, October 1989) Chapter 4, p.66-88.

Keywords: Business & Finance;

4.1 Introduction

The merger provisions of the Commerce Act 1986 contain a two stage test for refusal. Section 66 subsection 7 states that the Commerce Commission shall give clearance unless it is satisfied that the merger or takeover would result in any person acquiring a dominant position in a market or strengthening an already dominant position.