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Bill for information-sharing between antitrust regulators held up in legislative process

 |  April 17, 2012

Plans to enact new laws allowing antitrust regulators to share information have been held up in the legislative process. The Commerce Commission Bill is to provide for the sharing of confidential information between the New Zealand competition authority, the Australian Competition and Consumer Commission, and other foreign watchdogs. The bill was first introduced by the New Zealand government in September 2008. It passed its first reading in May 2010, but is not expected to be passed until the end of this year.

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