The New Zealand Competition Authority reaches a divestment agreement with a car park operator in a 4-year old merger in order to settle competition concerns (Wilson Parking)

Wilson Parking agrees to divest car parks in settlement agreement with Commerce Commission* Wilson Parking New Zealand Limited (Wilson Parking) has agreed to divest the leases of three car parking facilities it currently operates in central Wellington, in a settlement agreement with the Commerce Commission. In June 2016, Wilson Parking New Zealand Limited acquired the long-term lease to operate the Capital car park (50-60 Boulcott Street), which comprised 659 parking bays available to the public. It did not apply for clearance from the Commission to