Date of Royal Assent 28 April 1986 | ||
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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.
References
Commerce Act 1986 Wikipedia(Text) CC BY-SA