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I Public Notices '■ SALE OF LIQUOR ACT 1982 (Section 1I2K) MARGARET MARY I,OWE. of Ashburton, Caterer, has made application to the Licensing Control Commission for a Caterer’s licence in respect lot the premises known as “Brigadoon,” situated at 22 Carters Terrace, Ashburton. Any person who is entitled to object and who wishes to object to the grant of this application may, not later than 14 days from the date of the first publication of this notice, file a notice in writing of his objection afid of the grounds thereof with the Secretary of the Licensing Control Commission at Wellington. This is the second publication of this notice. The first publication was made on the 4th dav of October, 1979. ; PUBLIC NOTICE COMMERCE ACT 1975 1. NOTICE IS HEREBY GIVEN that the Commerce Commission has received, on October 8, 1979, a report from the Examiner of Commercial Practices relating to the proposed takeover by L. D. Nathan and Co. Ltd of McKenzies (N.Z.) Ltd. In his report the Examiner concludes with the following summary: “It is my view that the proposed takeover will have many effects contrary to the public interest. Examples of these effects have been illustrated in this report. All of them, however, stem from the basic fact that the proposal involves the elimination of competition between two companies which fulfil an important and unique role in retailing in New Zealand. The proposal contravenes one of the main purposes of the Commerce Act which is to promote the interests of consumers and the effective and efficient development of industry and commerce through the encouragement of competition. It is accord- , ingly a proposal which, in my opinion is so obviously contrary to the public interest that the Commission must withhold its consent. Moreover, in my view the proposal is such that it is not possible to permit it to proceed subject to terms or conditions which would remedy effects which are likely to he contrary to the public interest. The essence of the proposal is to eliminate competition. Such an absolute effect can not be modified by conditions. “I recommend that the Commission make an order in terms of Section 78(4) (a) (i) prohibiting the proposed takeover of McKenzies (N.Z.) Ltd by L. D. Nathan and Co. Ltd.” The Commission will conduct an inquiry into this matter as required by Section 76. 2. Persons, who wish to take part in this inquiry and who may be granted leave to do so pursuant to Section 14, are asked to apply to the Executive Officer of the Commission in writing giving their reasons by 12 noon, Thursday, October 18, 1979. 3. Any application received in terms of paragraph 2 above will be considered by the Commission at a preliminary hearing at 10.30 a.m., on Tuesday, October 23, 1979. at the Commission’s Offices, 6th Floor, Chase NBA House, 163 The Terrace, Wellington. 4. The substantive hearing into this matter will commence at 10.30 a.m. on Wednesday, November 14, 1979. Written submissions from the parties will be required to be filed with the Commission by Wednesday, November 6, 1979. D. J. KERR. Executive Officer Commerce Commission, P.O.' Box 10-273, WELLINGTON.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19791011.2.198.6

Bibliographic details

Press, 11 October 1979, Page 39

Word Count
526

Page 39 Advertisements Column 6 Press, 11 October 1979, Page 39

Page 39 Advertisements Column 6 Press, 11 October 1979, Page 39

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