Statement of Issues released for Trade Me’s application to acquire homes.co.nz
Published23 Apr 2021
The Commerce Commission has released a statement of issues relating to Trade Me Limited’s application for clearance to acquire PropertyNZ Limited.
PropertyNZ Limited owns and operates the homes.co.nz website, while Trade Me owns and operates the Trade Me Property website.
The Statement of Issues outlines the Commission’s potential competition issues with the acquisition following its initial investigation. The 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 Trade Me, PropertyNZ and other interested parties on the issues raised in the Statement of Issues.
The Statement of Issues can be found on the Commission’s case register.