NZ Post gets green light to acquire PBT courier business
The SOE's purchase of PBT's contracts is 'unlikely to substantially lessen competition', the Commerce Commission says.
NZ Post will not acquire the 200 PBT courier van owner-operators' contracts as part of the deal.
Competition watchdog the Commerce Commission has cleared the way for NZ Post to buy PBT Group's courier customer contracts.
Initially the ComCom was concerned the acquisition would remove a competitor for intercity economy courier services.
However, after further investigation it was satisfied the
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