Going For Growth: Competition Reform

The Government is beefing up the Commerce Act for the first time in nearly 20 years to provide greater protection to the public and more certainty for business, Economic Growth Minister Nicola Willis and Commerce and Consumer Affairs Minister Scott Simpson say. 

“These changes provide more certainty and reliability for businesses, and are what this Government was elected to deliver,” Nicola Willis says. 

“Competition is a key driver of growth, innovation and productivity. Consumers and businesses thrive when markets are open and fair. But our current settings are outdated, lack clarity and have led to some of our most important markets being dominated by only a handful of players.”  

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