The New Zealand Competition Authority clears the merger of two electricity and gas retailers (Mercury / Trustpower)

Mercury cleared to acquire Trustpower’s retail business* The Commerce Commission has granted clearance for Mercury NZ Limited to acquire Trustpower Limited’s retail business. Deputy Chair Sue Begg said the Commission is satisfied that the acquisition is unlikely to substantially lessen competition in any New Zealand market. The Commission analysed the competitive impact of the proposed acquisition on the retail supply of

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New Zealand Competition Authority, The New Zealand Competition Authority clears the merger of two electricity and gas retailers (Mercury / Trustpower), 28 September 2021, e-Competitions September 2021, Art. N° 103617

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