Commerce Act 1986 | |
---|---|
New Zealand Parliament | |
| |
Royal assent | 28 April 1986 |
Amended by | |
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.[1]
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.