Statement of Issues released for the Cengage/McGraw-Hill merger
Published04 Feb 2020
The Commerce Commission has published a Statement of Issues relating to an application from Cengage Learning Holdings II, Inc. and McGraw-Hill Education, Inc. seeking clearance to merge their global publishing businesses. In New Zealand both parties supply textbooks and related educational materials.
The Statement of Issues outlines the Commission’s potential competition issues with the acquisition following its initial investigation. A Statement of Issues is not a final decision and does not mean that the Commission intends to decline or clear the acquisition.
The Commission is seeking submissions from Cengage and McGraw-Hill and other interested parties on the issues raised in the Statement of Issues.