ComCom declines banks’ request for ruling on Armourguard services
The New Zealand Banking Association applied in September for authorisation to collectively negotiate the price they pay for cash-handling services.
Commerce Commission chair Dr John Small.
There has been a rare difference of opinion among Commerce Commission decision-makers, who have declined an interim application by the country’s banks to collectively negotiate the price they pay for cash-handling services.
The competition regulator announced this morning it had rejected the New
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