Commerce Act 1986 | |
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New Zealand Parliament | |
To promote competition within markets in New Zealand | |
Date of Royal Assent | 28 April 1986 |
Amendments | |
2008 | |
Status: Current legislation |
The Commerce Act 1986 is a statute of New Zealand. It prohibits conduct that restricts competition and purchase of shares or assets where that would lessen competition in a market.
As well as generally governing markets, the Act gives the Commerce Commission particular powers in relation to services provided by electricity lines businesses, gas pipeline businesses and airports.