Fairfax Media and NZME fight merger rejection with High Court appeal

Fairfax Media and NZME Limited will file an appeal in the High Court of New Zealand in a bid to overturn the New Zealand Commerce Commission’s decision to block the merger of the two companies.
The watchdog argued Fairfax NZ and NZME would control 90% of NZ’s print media market if the merged – which could substantially lessen competition in the market – however the two media companies have hit back arguing the NZCC failed to take into account the variety of other new and