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Competition still on for personal lubricant suppliers

Author
Sam Thompson,
Publish Date
Fri, 24 Apr 2015, 4:55PM
(Photo: Getty Images)
(Photo: Getty Images)

Competition still on for personal lubricant suppliers

Author
Sam Thompson,
Publish Date
Fri, 24 Apr 2015, 4:55PM

The Commerce Commission has decided the merger of two companies supplying personal lubricants is not on.

Reckitt Benckiser Group, owners of Durex, had applied to buy out Johnson & Johnson’s K-Y brand and product assets.

Both supply personal lubricants to New Zealand supermarkets and pharmacies.

The Commerce Commission says the buy out will lessen competition .

It says it can not exclude the real chance that as a result of this merger, Durex and K-Y’s wholesale prices would increase.

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