TAKE-OVERS’ EFFECTS
Mr Nash Seeks Investigation (N.Z. Press Association) WELLINGTON. Sept. 15. “I would like the Government to have a look into the effect of take-overs and their effect on the economy,” said the Leader of the Opposition (Mr Nash) in the House of Representatives today. Mr Nash mentioned the take-over of the New Zealand Loan and Mercantile Agency Company by Dalgetys and asked what the fanners would think if the concern then took over Wright, Stephenson and Company. “It’s no good talking about competition. That's gone,” said Mr Nash. Mr Nash suggested that a schedule should be prepared showing all take-overs in the last five years and what advantages came from them. “Take-overs are gradually monopolising the activities of the country. It could be very dangerous for the economy. The farmers ought to watch it,” said Mr Nash.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19610916.2.118
Bibliographic details
Press, Volume C, Issue 29620, 16 September 1961, Page 10
Word Count
139TAKE-OVERS’ EFFECTS Press, Volume C, Issue 29620, 16 September 1961, Page 10
Using This Item
Stuff Ltd is the copyright owner for the Press. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Acknowledgements
This newspaper was digitised in partnership with Christchurch City Libraries.
Log in