Commerce Commission - Latest News [Page 1]

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 >>

ANZ to pay $19 million in interest rate swaps case

Wednesday, 3 December 2014, 9:33 am | Commerce Commission

The Commerce Commission has reached a $19 million settlement with ANZ Bank New Zealand Limited (ANZ) in relation to the marketing, promotion and sale of interest rate swaps to rural customers between 2005 and 2009. More >>

Draft decisions on broadband service prices released

Tuesday, 2 December 2014, 9:13 am | Commerce Commission

The Commerce Commission has today released draft decisions for consultation setting proposed prices that Chorus can charge for use of their local copper lines and broadband service. These are wholesale prices that Chorus charges retail telecommunications ... More >>

Final decisions: electricity distributor price-quality paths

Friday, 28 November 2014, 1:36 pm | Commerce Commission

The Commerce Commission has issued its final decisions on the default price-quality paths for 16 electricity distributors (lines companies) for the period 2015-2020. More >>

Commission releases final Transpower decision

Friday, 28 November 2014, 9:46 am | Commerce Commission

The Commerce Commission has issued its final decisions on the individual price-quality path for Transpower for the period 2015-2020. More >>

Commission grants clearance to consumer pharmaceutical merge

Thursday, 27 November 2014, 5:18 pm | Commerce Commission

The Commission has granted clearance to GlaxoSmithKline (GSK) to acquire the consumer healthcare business of Novartis AG (Novartis). As a result of the acquisition, the consumer healthcare businesses of both parties will be merged into a new, GSK controlled ... More >>

Commerce Commission receives infant formula authorisation

Thursday, 27 November 2014, 12:34 pm | Commerce Commission

The Commerce Commission has received an application from the Infant Nutrition Council (INC) seeking authorisation to restrict their marketing activities of infant formula for children under six months of age. More >>

Vector granted clearance to acquire Arc from Meridian

Wednesday, 26 November 2014, 9:11 am | Commerce Commission

The Commerce Commission has granted clearance to Vector Limited (Vector) to acquire all of the shares in Arc Innovations Limited (Arc) from Meridian Energy Limited. More >>

Draft decision on Transpower project amendment

Tuesday, 25 November 2014, 9:28 am | Commerce Commission

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

Commerce Commission to consider baby products merger

Thursday, 20 November 2014, 5:20 pm | Commerce Commission

The Commerce Commission has received an application from Mayborn Group Limited seeking clearance to acquire certain assets in the ownership of Jackel Pty Limited, including intellectual property rights to the Tommee Tippee brands and trademarks relating ... More >>

Commission completes Countdown investigation

Thursday, 20 November 2014, 10:52 am | Commerce Commission

Based on the evidence gathered during the investigation, the Commission does not believe that Progressive has breached any of the laws it enforces and it will not be taking any action against Progressive. More >>

 

 

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