Comcom logic is a joke - remember how they kneecapped Chorus with their "preliminary decision" which halved their share price only to reverse it.
Declining Tower beggars belief when they are 5% market share and of questionable independent financial strength. I'd understand if IAG was trying it on but Vero are c. 25%. Hasn't Youi turned up in NZ as a new recent competitor - hard to make an argument there are barriers to entry etc.
Does this mean they have to relook at Z buying Caltex or the supermarket duopoly. Tower shareholders have been sacrificed at the alter of Mr Berry's ego.
Comcom logic is a joke - remember how they kneecapped Chorus with their "preliminary decision" which halved their share price only to reverse it.
Declining Tower beggars belief when they are 5% market share and of questionable independent financial strength. I'd understand if IAG was trying it on but Vero are c. 25%. Hasn't Youi turned up in NZ as a new recent competitor - hard to make an argument there are barriers to entry etc.
Does this mean they have to relook at Z buying Caltex or the supermarket duopoly. Tower shareholders have been sacrificed at the alter of Mr Berry's ego.
There is an appeal process - this is not the end game.
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