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 merger. 

We will also publish a further submission from Pact, received just before the Commission decided to issue the Statement of Issues. 

The Commission is seeking submissions from Pact and Flight and other interested parties on the issues raised in the Statement of Issues.

The Statement of Issues and Pact’s submission can be found on the case register.

Submissions can be sent by email to registrar@comcom.govt.nz with the reference “Pact/Flight” in the subject line. 

Submissions are due no later than close of business 13 November 2020, with cross-submissions due no later than close of business 20 November 2020.

The Commission is currently scheduled to make a decision on the application by 16 December 2020. However, this date may be extended.

Background

We will give clearance to a proposed merger if we are satisfied that the merger is unlikely to have the effect of substantially lessening competition in a market.

Further information explaining how the Commission assesses a merger application is available on our website.