We are seeking New Zealander’s views on a number of topics at the moment, including Infratil Limited’s proposed acquisition of Vodafone New Zealand and our draft decisions on the maximum revenue Transpower and regulated electricity lines companies can earn and the quality standards they must meet for the period 2020–2025. You can read more about both of our electricity draft decisions in this edition of Bulletin. We are also seeking feedback on our emerging views paper on the rules, requirements and processes which will underpin the new regulatory regime for New Zealand’s fibre networks. We encourage you to let us know your views.

Since our last edition of Bulletin, we have granted clearance for pharmaceutical company GlaxoSmithKline plc to acquire the consumer healthcare business of Pfizer Inc and for building materials company Gebr. Knauf KG and USG Corporation to merge subject to a divestment undertaking. In April, telecommunications companies Spark and Vodafone were fined $675,000 and $350,000 respectively for making false or misleading representations when invoicing customers. We also issued a warning to a Christchurch pipeline maintenance firm and its director over price fixing conduct.

Our Competition Matters conference will be held next month in Auckland. The two-day event offers sessions in the competition, regulation and consumer areas, including breakout sessions which allow delegates to choose from programme options that are most suited to their interests. We have a great line up of speakers and you can read more about one of them (Prof Howard Shelanski) in this edition of Bulletin. Tickets for the conference are still available, you can find all the details on our website.

In the last week of May, we farewelled Dr Mark Berry as his term as Chairman came to an end and welcomed Anna Rawlings as the new Chair of the Commission. A familiar face to everyone at the Commission, Anna has been a Commissioner since June 2014. We are delighted to have her on board and we wish Mark all the best for the next stage of his career.

Nga mihi

Adrienne Meikle

Chief Executive