Sky Television and Vodafone will have to make concessions if they are to get their proposed merger approved by the country’s competition watchdog, an analyst believes.
The Commerce Commission has dealt a blow to the prospects of Sky and Vodafone being allowed to combine their New Zealand businesses, indicating that on the basis of the information it had gathered to date it would block the deal.
The watchdog said that after considering a large number of documents and speaking to a wide range of industry participants, it was not satisfied that the merger would not substantially lessen competition in the telecommunications and pay-TV markets.
Full content: Stuff
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