Trade Me ruling delayed again as watchdog reiterates concerns - News Summed Up

Trade Me ruling delayed again as watchdog reiterates concerns


Trade Me ruling delayed again as watchdog reiterates concernsSUPPLIED NeedaCar could provide a competitive check on Trade Me Motors, if Trade Me is not allowed to take over the company behind it, the Commerce Commission believes. A decision on whether Trade Me should be allowed to take over Christchurch software firm Motorcentral has been delayed for a third time, with the country's competition watchdog again laying out its concerns. TOM PULLAR-STRECKER/STUFF Trade Me Motors is Trade Me's most successful business, outside of its original general items marketplace. Trade Me Motors is the second-largest earner for Trade Me, bringing in revenues of $64 million last year. That was more than Trade Jobs and Trade Me Property combined, and only slightly less than the $70m in fees Trade Me earned from its "general items" marketplace.


Source: Stuff December 31, 2017 20:26 UTC



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