Fairfax NZME merger gets draft rejection from Commerce CommissionNZN VIDEO The Fairfax-NZME merger is now in doubt, says Labour Party leader Andrew Little. The Commerce Commission has given a preliminary "no" to a merger of Fairfax Media and NZME in a draft ruling released on Tuesday. TOM PULLAR-STRECKER/FAIRFAX NZ A draft ruling has been issued on Fairfax NZ's planned merger with NZME, with the final word expected by March. RNZ MORNING REPORT The Commerce Commission has indicated it doesn't think the merger between media companies Fairfax and NZME should go ahead. The commission estimated Fairfax NZ and NZME would be able to cut annual costs by $37- 56 million if the merger went ahead.

Source: Stuff November 07, 2016 19:38 UTC