https://www.rnz.co.nz/assets/news/220099/eight_col_sky_2.jpg?1579144035 The Commerce Commission has cleared the way for Sky Network Television to sell its outside broadcast subsidiary (OSB) to NEP New Zealand. The Commerce Commission said it was satisfied Sky TV’s sale of its outside broadcast subsidiary would not substantially weaken competition. Photo: Supplied / Richard Parsonson The deal was announced in August last year and would see NEP become Sky’s technical production partner for the broadcast of live sport in New Zealand for the next 10 years. NEP would acquire OSB’s six broadcasting trucks, two warehouses and all ancillary equipment as part of the transaction. The deal ran into trouble when the Commerce Commission raised competition concerns. Commerce Commission chair Anna Rawlings said it was now satisfied the acquisition would not substantially weaken competition in any New Zealand market. “After careful consideration, the Commission is satisfied that there is no realistic prospect that OSB would continue to provide ...
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