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The Mirror Queenstown Lakes : May 22nd 2013
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Wednesday, May 22, 2013 Melbourne a new market Page 7 5379495AA Wanaka musician Liv McBride and Graeme Woller, of Invercargill, will perform songs from their debut album in Wanaka tomorrow night, before embarking on a national tour. Read more Page 2. Photo: SUPPLIED Music from a Wanaka wardrobe Cardrona sale in wind Commerce Commission eyes deal's impact By STAFF REPORTERS CONTINUED Page 2 The Commerce Commission is watching possible ownership changes on southern skifields with the possibility of NZSki buying Cardrona ski field. If NZSki, owners of the Coronet Peak and Remarkables ski fields, were to buy the Wanaka ski field, they would own three of the five ski fields in the area. The Snow Park, which is not operating this year, and Treble Cone would remain independent. A Commerce Commission spokes- woman said the Commerce Act prohibited mergers and acquisi- tions that substantially lessened competition. The commission can grant a clearance for an acquisition ''where we are satisfied that it will not have or would not be likely to have the effect of substantially lessening of competition in a market''. Authorisation for an acquisition that would result in a substantial lessening of competition could also be granted if the public benefits resulting from the acqui- sition outweighed any detrimen- tal effects. NZSki had not applied to the commission for a clearance or authorisation, she said. ''We are keeping an eye on the Ball fever Page 14 Group popular p3 Food for thought p10 Southern Lakes
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