Commerce Commission - Latest News [Page 1]

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 >>

Charges filed over ‘made in New Zealand’ claims

Tuesday, 20 December 2016, 10:32 am | Commerce Commission

Topline International Limited (Topline) and its director Jeffrey Bernard Cook each face 22 charges brought by the Commission for falsely representing that its NatureBee Potentiated Bee Pollen (NatureBee) supplement was a New Zealand made and sourced ... More >>

Review of rules for regulated electricity, gas, airport

Tuesday, 20 December 2016, 9:34 am | Commerce Commission

Commission releases final decisions on review of rules for regulated electricity, gas and airport services More >>

Godfreys fined for extended warranty agreements it sold

Monday, 19 December 2016, 3:12 pm | Commerce Commission

New Zealand Vacuum Cleaner Company Limited (trading as Godfreys) was today fined $58,000 in the Manukau District Court after earlier pleading guilty to 10 charges relating to its extended warranty agreements. More >>

Real estate agency to pay $1 million for price fixing

Monday, 19 December 2016, 11:36 am | Commerce Commission

Hamilton real estate agency Lugton’s Limited has been ordered to pay a penalty of $1 million following a penalty hearing in the Auckland High Court on Friday 16 December. More >>

Final decision for telecommunications providers

Monday, 19 December 2016, 9:01 am | Commerce Commission

The Commerce Commission today released its final decision about how much 15 telecommunications providers will pay towards the $50 million Telecommunications Development Levy (TDL) for 2015/16. More >>

Phone number portability to stay

Monday, 19 December 2016, 8:57 am | Commerce Commission

The Commerce Commission has decided to continue to regulate number portability for both local and mobile telephone numbers for another five years. Number portability enables a customer to keep the same telephone number despite switching telecommunications ... More >>

Real estate agencies to pay penalties for price fixing

Friday, 16 December 2016, 2:43 pm | Commerce Commission

The head offices of Barfoot & Thompson, Harcourts, LJ Hooker and Ray White will collectively pay $9.825 million following a price fixing penalty hearing in the Auckland High Court. More >>

Youi insurance fined $320,000 for misleading sales technique

Thursday, 15 December 2016, 3:49 pm | Commerce Commission

Insurance firm Youi NZ Pty Limited (Youi) has today been fined $320,000 in the Auckland District Court for employing misleading sales techniques when attempting to sell policies to consumers who were seeking a quote. More >>

"You better watch out" - Christmas shoppers urged

Wednesday, 14 December 2016, 10:27 am | Commerce Commission

With the Christmas shopping season in full swing the Commerce Commission is reminding consumers and retailers about consumers' rights when buying goods in store or online. More >>

Final report on Fonterra’s 2016/17 Milk Price Manual

Wednesday, 14 December 2016, 10:25 am | Commerce Commission

The Commerce Commission today released its final report on its annual statutory review of Fonterra’s Milk Price Manual for the 2016/17 dairy season. More >>

Third party trademark agency receives warning

Tuesday, 13 December 2016, 2:51 pm | Commerce Commission

Gibraltar-based company PTMO Limited (PTMO) has received a Commission warning for a notice it sent to New Zealand trademark holders to pay $1,295 to renew their trademark for 10 years. More >>

South Auckland car dealership fined for false claims

Monday, 12 December 2016, 10:42 am | Commerce Commission

Car dealer, Zodiac Motor Company Limited (Zodiac) has been fined a total of $105,000 in Manukau District Court for making false claims that its cars were AA appraised and that it was an AA Appraised Used Dealer. More >>

PGW and Elders’ employees fined in price fixing case

Monday, 5 December 2016, 2:29 pm | Commerce Commission

Four current or former employees of PGG Wrightson and one former employee of Elders Rural Holdings Limited have been ordered to pay penalties totalling $105,000 following an Auckland High Court penalty hearing for their respective roles in a price fixing ... More >>

Steel mesh investigations into five companies completed

Monday, 5 December 2016, 9:13 am | Commerce Commission

The Commission has now completed its seismic steel mesh investigations into five of the companies under investigation. Three companies, who cannot be named at this time, have been advised that the Commission intends to issue criminal proceedings ... More >>

Harmoney fined $292k for misleading marketing campaign

Friday, 2 December 2016, 9:12 pm | Commerce Commission

Peer-to-peer lender Harmoney has today been fined $292,500 in the Auckland District Court for misleading consumers into believing they had been pre-approved for a personal loan. More >>

Commission issues details on NZME/Fairfax conference

Tuesday, 29 November 2016, 4:07 pm | Commerce Commission

The Commerce Commission has today published details of the conference it is holding on its draft determination of NZME and Fairfax’s application for authorisation under the Commerce Act to merge their media businesses. More >>

Mobile trader owner found guilty after not supplying goods

Tuesday, 29 November 2016, 2:59 pm | Commerce Commission

Flexi Buy Limited owner Vikram Mehta has been found guilty under the Crimes Act 1961 of being a party to obtaining money by deception, by making false representations to customers. More >>

 

 

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