WELLINGTON Feb 23 New Zealand's competition
regulator on Thursday ruled against Sky Network Television's
acquisition of Vodafone's New Zealand unit for
NZ$1.3 billion ($930 million).
The Commerce Commission said in a statement that it was not
convinced the deal would not substantially decrease competition
in the New Zealand market.
The regulator had in October delayed the decision until
February and asked Sky and Vodafone for more details, citing
concern it would dampen competition from rival broadband and
(Reporting by Charlotte Greenfield; Editing by Toby Chopra)