Strategopoly: playing with the nation's assets

David Heatley and Bronwyn Howell

No 373104, Competition & Regulation Times from New Zealand Institute for the Study of Competition and Regulation

Abstract: Air New Zealand in 2001; Auckland International Airport and KiwiRail in 2008 ... the New Zealand government has on at least three occasions in the not-so-distant past intervened in private market transactions to secure for itself, or place limitations upon, who can own or control so-called 'strategic assets'. And in recent months the 'strategic asset' label has been applied to dairy farms in order to justify restrictions on foreign ownership. Dave Heatley and Bronwyn Howell ask what characteristics of an asset make it strategic, particularly in the national policy context.

Date: 2010-12-01
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