New Zealand: Commerce Commission investigation into proposed acquisition of Serato Audio Research Limited by AlphaTheta Corporation

Progress

Current status
in force
18 Jul 2024 in force
13 Jun 2024 in consultation
29 May 2024 in consultation
21 Feb 2024 processing consultation
07 Feb 2024 in consultation

Scope

Implementers
New Zealand
Policy Area
Competition
Policy Instrument
Merger control regulation
Regulated Economic Activity
software provider: other software
Government Branch
executive
Government Body
competition authority
Implementation Level
national

Timeline of events

18 Jul 2024
in force

Issued Commerce Commission's decision prohibiting AlphaTheta’s proposed acquisition of Serato

On 18 July 2024, the Commerce Commission denied approval for AlphaTheta's proposed acquisition of Serato. Both companies operate in the DJ segment of the music industry. AlphaTheta supplies DJ hardware under the Pioneer DJ brand and DJ software unde…

Source
Event type investigation
Action type ruling
Government branch executive
Government body competition authority
13 Jun 2024
in consultation

Closed consultation on Commerce Commission statement of unresolved issues regarding AlphaTheta's proposed acquisition of Serato

On 13 June 2024, the New Zealand Commerce Commission (CC) closes a public consultation on its statement of unresolved issues concerning the proposed acquisition of Serato by AlphaTheta Corporation (ATC). Regarding potential unilateral effects in the…

Source
Event type investigation
Action type consultation opened
Government branch executive
Government body competition authority
29 May 2024
in consultation

Opened consultation on Commerce Commission statement of unresolved issues regarding AlphaTheta's proposed acquisition of Serato

On 29 May 2024, the New Zealand Commerce Commission (CC) issued a statement of unresolved issues concerning the proposed acquisition of Serato by AlphaTheta Corporation (ATC) and opened a public consultation until 13 June 2024. Regarding potential u…

Source
Event type investigation
Action type consultation opened
Government branch executive
Government body competition authority
21 Feb 2024
processing consultation

Closed Consultation on Commerce Commission Statement of Issues regarding AlphaTheta's proposed acquisition of Serato

On 21 February 2024, the public consultation closed on the New Zealand Commerce Commission (CC) statement of issues concerning the proposed acquisition of Serato by AlphaTheta Corporation (ATC). The CC expressed concerns about the potential substant…

Source
Event type investigation
Action type consultation closed
Government branch executive
Government body competition authority
07 Feb 2024
in consultation

Opened Consultation on Commerce Commission Statement of Issues regarding AlphaTheta's proposed acquisition of Serato

On 7 February 2024, the New Zealand Commerce Commission (CC) issued a statement of issues concerning the proposed acquisition of Serato by AlphaTheta Corporation (ATC) and opened a public consultation until 21 February 2024. The CC expressed concern…

Source
Event type investigation
Action type consultation opened
Government branch executive
Government body competition authority