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Read: https://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=11849459 Proposed mergers between media firms are likely to raise the total industry's profits. What is the primary criterion that the Commerce Commission usually

Read: https://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=11849459

Proposed mergers between media firms are likely to raise the total industry's profits. What is the primary criterion that the Commerce Commission usually uses to evaluate the mergers between firms (including between media firms)? In this case, what was the alternative criterion the Commerce Commission used when it rejected this proposed merger? Why is it important that the Commerce Commission used this alternative criterion?

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