Antitrust Antitrust

New Zealand personal banking industry becomes subject of fourth antitrust market study

By Laurel Henning
  • 20 Jun 2023 01:31
  • 20 Jun 2023 01:31
New Zealand’s four major personal-banking providers will be the subject of the country’s fourth in-depth competition market study, following a government announcement today.
ANZ Bank New Zealand, ASB Bank, Bank of New Zealand and Westpac will face a study conducted by the country’s antitrust watchdog that will run through August

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Laurel Henning

Senior Correspondent

Laurel is a senior correspondent specializing in competition law, data privacy and security, in Australia and New Zealand. Laurel reports from Sydney on criminal-cartel legislation and white-collar crime, as well as competition and consumer lawsuits involving companies including Google, Meta Platforms and Apple. While at MLex Laurel has also reported boardroom disputes and shareholder campaigns agitating for changes to company strategy. Laurel joined MLex in 2013 and reported for five years on European energy and climate policies from Brussels. In that time, Laurel covered the regulation of emissions and technological developments pertaining to the energy sector within the EU, as well as the Paris agreement in 2015. A graduate of the University of Liverpool, Laurel studied English and French before beginning a career in journalism with MLex.

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