| Commerce Act 1986 | |
|---|---|
Parliament of New Zealand |
|
| Long title/ Purpose |
To promote competition within markets in New Zealand |
| Dates | |
| Date of Royal Assent | 28 April 1986 |
| Other legislation | |
| 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.