The Commerce Commission of New Zealand has announced its decision to decline to clear a proposed joint venture between two radiology entities, Hamilton Radiology and Medimaging radiology practices. According to a press release, while the Commission found no competition issues in the x-rays, ultrasound and low tech radiology services market, one region was found to have weakened competition within the MRI services market if the merger were to proceed. In that region – the Waikato region – the two parties are currently the only competing providers of MRI services. A significant number of consumers were likely to be affected in this region, the Commission found.
Full Content: Competition Commission New Zealand
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