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  • Photo: Air Niugini Cargo

17.04.2019

Artikel Nummer: 27275

Competition authority clears Papuan partnership


Papua New Guinea's Independent Consumer and Competition Commission (ICCC) has ended an investigation into a MoU that was entered into by Air Niugini Cargo Ltd (ANCL) and Hevilift after considering that the MoU does not have any anti-competitive clauses and that competition concerns are not likely to be established.

 

Last August, the subsidiary of Air Niugini began a partnership with Hevilift covering the exclusive marketing and use of the Hevilift converted ATR-42 freighter.

 

The ICCC ruled out that the MoU is not a form of JV, but just a partnership more related to a marketing venture that is intended to make the freighter available to ANCL should the latter require it.

 

The competition watchdog reserves its rights to conduct a further investigation into the matter "should any serious competition concerns arise in the future". (ah)

www.iccc.gov.pg

www.heviliftgroup.com

www.airniugini.com.pg

 

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