Commerce Act 1986
| Commerce Act 1986 | |
|---|---|
 | |
| 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.[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.
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