Commerce Commission - Latest News [Page 1]

Spark seeks clearance to acquire TeamTalk

Tuesday, 21 March 2017, 8:49 am | Commerce Commission

The Commerce Commission has received a clearance application from Spark New Zealand Trading Limited (Spark) to, either directly or indirectly, acquire up to 100% of the shares of TeamTalk Limited. More >>

Nelson and Tasman Councils’ joint landfill application

Friday, 17 March 2017, 4:46 pm | Commerce Commission

The Commerce Commission has reached a preliminary view that, subject to a condition, it should allow the Nelson City Council and the Tasman District Council to form a business unit to jointly operate the two landfills in the Nelson-Tasman region. More >>

Statement of Preliminary Issues released for Vero / Tower

Thursday, 16 March 2017, 9:39 am | Commerce Commission

The Commerce Commission has published a Statement of Preliminary Issues relating to the proposed acquisition of Tower by Vero. More >>

Misleading Christmas deal results in $145k fine

Tuesday, 14 March 2017, 3:19 pm | Commerce Commission

Mobile trader Sales Concepts Limited has been fined $145,000 in the North Shore District Court after pleading guilty to 10 charges under the Fair Trading Act 1986 relating to its ‘Christmas Deal Bundles’. More >>

Chorus network capacity to continue to grow to meet need

Tuesday, 14 March 2017, 8:55 am | Commerce Commission

The Commerce Commission has today released the final decision in its review of the non price features of the Unbundled Bitstream Access (UBA) service. More >>

Rapid Loans to refund over $1 million in unreasonable fees

Tuesday, 7 March 2017, 11:57 am | Commerce Commission

Internet-based lender Rapid Loans NZ Limited has agreed to compensate borrowers approximately $1.4 million following a Commerce Commission investigation into unreasonable fees. More >>

Commission issues warning over chicken size representations

Tuesday, 7 March 2017, 9:43 am | Commerce Commission

Poultry producers Inghams Enterprises (NZ) PTY Limited (Inghams) and Tegel Foods Limited (Tegel) have been issued with warnings by the Commerce Commission over packaging representations about the size of chickens. More >>

Clearance for sprinkler inspection merger declined

Friday, 3 March 2017, 5:23 pm | Commerce Commission

The Commerce Commission has declined to grant clearance for Aon New Zealand to acquire the fire sprinkler and alarm inspection business of Fire Protection Inspection Services Limited. More >>

First jail sentence in Commerce Commission case

Friday, 3 March 2017, 3:44 pm | Commerce Commission

Vikram Mehta, owner of mobile trader Flexi Buy Limited (Flexi Buy), has today been sentenced in the Auckland District Court to two years imprisonment after taking money from customers without intending to supply goods as promised. More >>

Vero seeks clearance to acquire Tower

Friday, 3 March 2017, 11:35 am | Commerce Commission

The Commerce Commission has received a clearance application from Vero Insurance New Zealand Limited to acquire up to 100% of the shares in Tower Limited. More >>

Commission declines clearance for Vodafone/Sky merger

Thursday, 23 February 2017, 9:11 am | Commerce Commission

The Commerce Commission has declined to grant clearance for the proposed merger of Sky Network Television and Vodafone New Zealand. More >>

Judge criticises mobile trader for targeting the vulnerable

Wednesday, 22 February 2017, 12:56 pm | Commerce Commission

Mobile trader Bestdeals 4 You Limited (Bestdeals) has been fined $47,250 in the Auckland District Court for failing to disclose key consumer information about its credit contracts and layby sales agreements. More >>

Bike Barn fined $800k for misleading pricing

Friday, 10 February 2017, 4:44 pm | Commerce Commission

Bike Retail Group Limited and Bikes International Limited, the joint operators of Bike Barn in New Zealand, have today been fined $800,000 in the Auckland District Court. More >>

Revenues and quality standards for gas pipeline services

Friday, 10 February 2017, 9:36 am | Commerce Commission

The Commerce Commission has released its draft decisions on the default price-quality paths (DPP) for gas pipeline services. These paths set the revenues and minimum quality standards that four gas distributors and one gas transmission business must comply ... More >>

Commission files charges against Appenture Marketing

Wednesday, 8 February 2017, 1:19 pm | Commerce Commission

The Commerce Commission has filed 24 charges against Appenture Marketing Ltd for failing to provide consumers with key contract information and for making false and misleading representations to consumers about their rights. More >>

Charges filed against Bunnings for misleading advertising

Wednesday, 8 February 2017, 10:23 am | Commerce Commission

Commission confirms charges filed against Bunnings for misleading advertising The Commerce Commission has filed 45 charges in Auckland District Court against Bunnings (NZ) Limited alleging it misled consumers by advertising the prices of its goods ... More >>

$1m penalty for misleading Nurofen specific pain range claim

Friday, 3 February 2017, 4:24 pm | Commerce Commission

Reckitt Benckiser (New Zealand) Limited (RBNZ) has been fined $1.08 million today in the Auckland District Court for 10 charges relating to its Nurofen specific pain range products. The products include Nurofen Migraine Pain, Nurofen Tension Headache, ... More >>

Mobile trader pleads guilty to disclosure failures

Wednesday, 25 January 2017, 11:37 am | Commerce Commission

Mobile trader Best Buy Limited (Best Buy) has pled guilty to 16 charges relating to the operation of its door-to-door sales business in Auckland and smaller North Island towns. More >>

Baby City sentenced for two non-compliant cots

Friday, 20 January 2017, 10:12 am | Commerce Commission

Baby City Retail Investments Limited (Baby City) has been fined $39,000 in the Auckland District Court for six charges relating to selling cots which failed to comply with the packaging and labelling requirements of the safety standard for household cots ... More >>

Regulation of Spark’s wholesale voice services under review

Thursday, 22 December 2016, 8:54 am | Commerce Commission

The Commerce Commission has completed its investigation of whether to recommend to the Minister for Communications that Spark’s wholesale voice services provided on copper lines should be deregulated. More >>

 

 

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