Commerce Commission - Latest News [Page 1]

Transpower warned for breaching its quality standards

Friday, 13 September 2019, 8:55 am | Commerce Commission

The Commerce Commission has issued national electricity grid operator Transpower with a formal warning for breaching a number of its quality standards in the 2015/16 and 2016/17 reporting years. More >>

Linsa Finance in $350K settlement with Commission

Thursday, 12 September 2019, 10:06 am | Commerce Commission

The Commerce Commission has signed a settlement agreement with finance company Linsa Finance Limited and has discontinued High Court proceedings. More >>

Commission releases proposed approach for emergency calling

Thursday, 12 September 2019, 9:31 am | Commerce Commission

The Commerce Commission has released a consultation paper outlining its emerging views and proposed approach to establishing the 111 Contact Code. More >>

Cardrona seeks clearance to acquire the Treble Cone

Friday, 6 September 2019, 1:31 pm | Commerce Commission

The Commerce Commission has received a clearance application from Cardrona Alpine Resort Limited seeking clearance to acquire either the shares of Treble Cone Investments Limited or the assets it uses to operate the Treble Cone ski field. More >>

Commission alleges UDC charged unreasonable default fees

Friday, 6 September 2019, 9:07 am | Commerce Commission

The Commerce Commission has filed High Court proceedings against UDC Finance Ltd, alleging that it charged unreasonable default fees. More >>

Preliminary issues released for Bungy acquisition

Thursday, 5 September 2019, 3:24 pm | Commerce Commission

The Commerce Commission has published a Statement of Preliminary Issues relating to an application by Queenstown Bungy Limited seeking clearance to acquire the bungy, swing and related business in Taupo owned and operated by Taupo Bungy Limited. More >>

Warning to women involved with Women’s Gifting Circle

Wednesday, 4 September 2019, 11:12 am | Commerce Commission

Four women have been warned by the Commerce Commission for likely breaching the law by promoting and operating a pyramid scheme in New Zealand. More >>

Queenstown Bungy seeks clearance to acquire Taupo Bungy

Friday, 30 August 2019, 2:30 pm | Commerce Commission

The Commerce Commission has received a clearance application from Queenstown Bungy Limited to acquire the bungy and swing operations in Taupo owned and operated by Taupo Bungy Limited, a wholly owned subsidiary of Taupo Tourism Holdings Limited. More >>

Commission releases draft report on retail fuel market

Tuesday, 20 August 2019, 8:49 am | Commerce Commission

The Commerce Commission has identified several factors it considers are affecting competition in New Zealand’s retail fuel market, which may mean consumers are currently paying higher pump prices for petrol and diesel than could be expected in a competitive ... More >>

Commission alleges irresponsible lending by Pretty Penny

Monday, 12 August 2019, 1:01 pm | Commerce Commission

Commission alleges irresponsible lending by Pretty Penny The Commerce Commission has commenced High Court proceedings against Quadsaa Pty Ltd (trading as Pretty Penny and PPL) alleging that it has breached the lender responsibility principles contained ... More >>

Farmland Foods fined $180,000 for misleading customers

Tuesday, 30 July 2019, 6:49 pm | Commerce Commission

Farmland Foods fined $180,000 for misleading customers about country of origin New Zealand smallgoods producer Farmland Foods has been fined $180,000 in the Palmerston North District Court for misleading consumers about the place of origin of some of ... More >>

Commission files charges against Global Fibre8 and owner

Tuesday, 30 July 2019, 4:11 pm | Commerce Commission

Commission files charges against Global Fibre8 and owner Tangi Tuake The Commerce Commission has filed a total of eight representative charges against building product company Global Fibre8 Limited and its sole director and shareholder Tangi Tuake. More >>

Commission releases 2019/20 priorities

Thursday, 25 July 2019, 10:07 am | Commerce Commission

Speaking at the Commission’s competition and regulation conference, Competition Matters 2019, in Auckland today, Chair Anna Rawlings said there were four broad groups of priorities for the Commission this year – enduring priorities, focus areas, ... More >>

$45K fine for supplying unsafe toy pig

Monday, 22 July 2019, 10:33 am | Commerce Commission

Importer and wholesaler 1st Mart Limited (First Mart) has been fined $45,000 for supplying unsafe toys. More >>

Finance company to refund customers $2.7 million

Wednesday, 17 July 2019, 10:37 am | Commerce Commission

Nearly $2.7 million will be credited or refunded to thousands of borrowers following a settlement with the Commerce Commission. More >>

Telecommunications providers face charges

Wednesday, 17 July 2019, 9:29 am | Commerce Commission

The Commerce Commission has laid 13 charges against retail telecommunications providers CallPlus Services Limited (trading as Slingshot), Flip Services Limited and Orcon Limited, alleging the companies made false representations in invoices they sent ... More >>

Rental booking platform charged with misleading consumers

Tuesday, 16 July 2019, 11:00 am | Commerce Commission

Holiday rental-accommodation management and booking company Bachcare is facing two charges under the Fair Trading Act for allegedly misleading consumers by manipulating online reviews posted by users of its accommodation services. More >>

Police respond to water rescue incident in Far North

Thursday, 11 July 2019, 1:27 pm | Commerce Commission

Police and emergency services are responding to a water rescue incident in the Hokianga Harbour, in the Far North District. More >>

Commission files proceedings against Westpac

Thursday, 11 July 2019, 1:18 pm | Commerce Commission

The Commerce Commission has filed High Court proceedings today against Westpac New Zealand Limited (Westpac). More >>

Clearance for Infratil to acquire shares in Vodafone

Thursday, 11 July 2019, 9:22 am | Commerce Commission

The Commerce Commission has granted clearance for Infratil Limited to acquire up to 50% of the shares in Vodafone New Zealand Limited. More >>

 

 

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