Commerce Commission - Latest News [Page 1]

Commission uses new enforcement tools

Friday, 6 March 2015, 12:14 pm | Commerce Commission

The Commerce Commission has used the new enforcement tools granted as part of the Consumer Law Reform last year to issue infringement notices for the first time to motor vehicle dealers in Auckland and Christchurch. More >>

Commission targets ‘opt out’ pricing

Friday, 6 March 2015, 9:33 am | Commerce Commission

The Commerce Commission is calling on New Zealand businesses to scrap the use of ‘opt out’ pricing after gaining agreement from Air New Zealand that it will end its practice of pre-selecting travel insurance for customers when selling tickets ... More >>

Commission reaches preliminary view on infant formula

Tuesday, 3 March 2015, 4:19 pm | Commerce Commission

The Commerce Commission has reached a preliminary view that it should allow members of the Infant Nutrition Council (INC) to restrict their advertising and marketing of infant formula for children under six months of age. More >>

Final decision on Transpower’s project amendment application

Thursday, 26 February 2015, 9:59 am | Commerce Commission

Commerce Commission releases final decision on Transpower’s Upper South Island reliability project amendment application More >>

Commission releases approach to unfair contract terms

Wednesday, 25 February 2015, 2:02 pm | Commerce Commission

The Commerce Commission has today published its final Unfair Contract Terms Guidelines and its approach to enforcing the new unfair contract terms law when it takes effect next month. More >>

Commission settles with Westpac over interest rate swaps

Tuesday, 17 February 2015, 9:07 am | Commerce Commission

The Commerce Commission has reached a $2.97 million settlement with Westpac in relation to its marketing, promotion and sale of interest rate swaps to rural customers between 2005 and 2012. More >>

Commerce Commission grants clearance to baby products merger

Thursday, 29 January 2015, 1:45 pm | Commerce Commission

The Commerce Commission has granted clearance to Mayborn Group Limited to acquire certain assets from Jackel Pty Limited, including intellectual property rights to the Tommee Tippee brands and trademarks for New Zealand. More >>

ASB to pay $3.2m in interest rate swaps case

Wednesday, 24 December 2014, 10:46 am | Commerce Commission

The Commerce Commission has reached a $3.2 million settlement with ASB Bank Limited in relation to its marketing, promotion and sale of interest rate swaps to rural customers between 2005 and 2009. More >>

Final liability allocation for telecommunications providers

Monday, 22 December 2014, 12:37 pm | Commerce Commission

The Commerce Commission has released its final decision confirming how much 22 telecommunications providers will pay towards the $50 million Telecommunications Development Levy (TDL) for 2013/14. More >>

Commission concludes plasterboard investigation

Monday, 22 December 2014, 12:25 pm | Commerce Commission

The Commerce Commission has completed its investigation into allegations that Winstone Wallboards Limited (a subsidiary of Fletcher Building) acted anti-competitively to maintain its market position in the manufacture and supply of plasterboard. More >>

Clearance for Connor to acquire shares in Acurity

Friday, 19 December 2014, 2:24 pm | Commerce Commission

The Commission has given clearance to Connor Healthcare Limited to acquire all of the shares in Acurity Health Group Limited that Connor does not already own, subject to Evolution Healthcare (NZ) Pty Ltd divesting shares in Connor after the takeover. ... More >>

Backdating prices for Chorus’ copper lines and broadband

Friday, 19 December 2014, 9:05 am | Commerce Commission

The Commerce Commission has today published its emerging view on backdating the final prices that Chorus charges for its local copper lines and broadband service. More >>

Connor Healthcare - second clearance Acurity application

Thursday, 18 December 2014, 12:08 pm | Commerce Commission

The Commerce Commission has received a second application from Connor Healthcare Limited seeking clearance to acquire all of the shares that it does not currently own in Acurity Health Group Limited. More >>

Auckland finance companies face criminal proceedings

Wednesday, 17 December 2014, 10:32 am | Commerce Commission

The Commerce Commission has filed criminal proceedings in Auckland District Court against finance companies Budget Loans Limited and Evolution Finance Limited, alleging their repossession and debt recovery practices breached the Fair Trading Act. More >>

Final report on statutory review of Fonterra's milk prices

Monday, 15 December 2014, 9:40 am | Commerce Commission

Commission releases final report on statutory review of Fonterra’s 2014/15 Milk Price Manual More >>

Wild Nature sentencing concludes souvenir prosecutions

Friday, 12 December 2014, 3:49 pm | Commerce Commission

Wild Nature sentencing concludes souvenir company prosecutions for misleading tourists – total fines imposed reach $1 million More >>

Commission grants clearance to generic pharmaceutical merger

Friday, 12 December 2014, 1:45 pm | Commerce Commission

The Commerce Commission has granted clearance to Mylan Inc. to acquire the Established Pharmaceuticals Division of Abbott Laboratories, Inc. In New Zealand, Mylan and Abbott import and wholesale supply a range of generic pharmaceutical products. More >>

Commerce Commission decision on WACC used for disclosures

Friday, 12 December 2014, 11:50 am | Commerce Commission

The Commerce Commission has released its final decision on the weighted average cost of capital (WACC) that will apply to information disclosure for electricity lines and gas pipeline businesses. More >>

Connor Healthcare application to acquire 100% of Acurity

Friday, 12 December 2014, 10:56 am | Commerce Commission

The Commerce Commission has declined an application from Connor Healthcare Limited to acquire all of the shares that it does not currently own in Acurity Health Group Limited. More >>

Application to acquire Tommee Tippee

Thursday, 4 December 2014, 2:13 pm | Commerce Commission

The Commerce Commission has published a statement of preliminary issues relating to an application from Mayborn Group Limited (Mayborn) seeking clearance to acquire certain assets in the ownership of Jackel Pty Limited (Jackel), including intellectual ... More >>

 

 

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