PROJECTS
Fisheries Quota Competition Review, New Zealand
The problem
Sanford, a New Zealand fishing company, wanted to acquire Simunovich Fisheries’ scampi fishing quota, but the Commerce Commission—New Zealand’s competition authority—was worried that the acquisition would reduce competition, as Sanford’s share of the scampi quota would increase from 34.9 percent to 42.7 percent.
How we helped
Castalia analyzed the transaction for the Commerce Commission. We reviewed the experience with similar quota aggregations which had happened in the past. We also analyzed whether scampi was a stand-alone market, or part of a broader lobster market. Our analysis shows that the proposed acquisition was unlikely to have a detrimental effect on competition.
Impact
Our analysis led the Commerce Commission to clear Sanford to acquire Simunovich Fisheries’ scampi quota.
The client
Our team
How can we help you?
How can we help you?
WASHINGTON, DC
+1 (202) 466-6790
1747 Pennsylvania Avenue NW, Suite 1200
United States of America
SYDNEY
+61 (2) 9231 6862
Suite 19.01, Level 19, 227 Elizabeth Street
Australia
AUCKLAND
+64 (4) 913 2800
Sinclair House, 3 Glenside Crescent
New Zealand
WELLINGTON
+64 (4) 913 2800
Level 2, 88 The Terrace
New Zealand
PARIS
+33 (0)1 85 64 10 22
3B Rue Taylor
France
BOGOTÁ
+57 (1) 508 5794
Calle 81 #11-08, Piso 5, Oficina 5-121
Colombia
Thinking for a better world.
WASHINGTON, DC
+1 (202) 466-6790
1747 Pennsylvania Avenue NW, Suite 1200
United States of America
SYDNEY
+61 (2) 9231 6862
Suite 19.01, Level 19, 227 Elizabeth Street
Australia
AUCKLAND
+64 (4) 913 2800
74D France Street, Newton South
New Zealand
WELLINGTON
+64 (4) 913 2800
Level 2, 88 The Terrace
New Zealand
PARIS
+33 (1) 73 44 26 97
6 Rue Duret
France
BOGOTÁ
+57 (1) 508 5794
Calle 81 #11-08, Piso 5, Oficina 5-127
Colombia
Thinking for a better world.