Commerce Commission - Latest News [Page 1]

HRV fined over water filter claims

Tuesday, 23 October 2018, 12:30 pm | Commerce Commission

HRV Clean Water Limited (HRV) has been fined $440,000 after pleading guilty to making unsubstantiated claims about the benefits of its water filters and for making misleading claims about the quality of New Zealand’s home water supply. The fine was issued ... More >>

Commission opens investigation into wool scouring

Thursday, 18 October 2018, 12:20 pm | Commerce Commission

The Commerce Commission has opened an investigation into David Ferrier’s acquisition through a holding company of a 70% equity interest in wool scourer Cavalier Wool Holdings Limited. More >>

Debt collection industry on notice about misleading tactics

Thursday, 18 October 2018, 10:31 am | Commerce Commission

The Commission is reminding debt collectors of their legal obligation to avoid misrepresenting consumers’ rights, as it warns one business about its conduct. More >>

Car dealership and owner fined for CGA misrepresentations

Wednesday, 17 October 2018, 12:30 pm | Commerce Commission

An Auckland car dealership and its owner have been fined a total of $12,000 on 16 charges under the Fair Trading Act. More >>

Commerce Commission closes investigation into acquisition

Monday, 15 October 2018, 9:53 am | Commerce Commission

The Commerce Commission has closed its investigation into Fulton Hogan’s acquisition of Stevenson Group Limited’s construction materials business as its concerns with the transaction have been addressed. More >>

Commission releases draft report on Fonterra’s Milk Manual

Monday, 15 October 2018, 9:23 am | Commerce Commission

Commission releases draft report on Fonterra’s 2018/19 Milk Price Manual The Commerce Commission today released its draft report on its annual review of Fonterra’s Milk Price Manual for the 2018/19 dairy season. More >>

Statement of Preliminary Issues for DLF/PGW Seeds merger

Thursday, 11 October 2018, 10:43 am | Commerce Commission

Statement of Preliminary Issues released for DLF/PGW Seeds merger The Commerce Commission has published a statement of preliminary issues relating to the proposed acquisition of PGG Wrightson Seeds Holdings Limited by DLF Seeds A/S. More >>

Transpower’s Wellington conductor replacement approved

Wednesday, 10 October 2018, 2:22 pm | Commerce Commission

The Commerce Commission has formally approved $23.5 million for Transpower to replace the conductors (overhead wires) and strengthen the structures of a 9.5km section of its high voltage direct current (HVDC) transmission network in Wellington. More >>

Commission warning on responsible lending requirements

Wednesday, 10 October 2018, 1:19 pm | Commerce Commission

The Commerce Commission has issued a warning to Rapid Loans NZ Limited (Rapid Loans) about a loan it issued to a vulnerable borrower. More >>

Electricity lines companies disclose their investments

Wednesday, 10 October 2018, 10:04 am | Commerce Commission

The Commerce Commission has released information on the type and level of investment lines companies are making in emerging technologies. More >>

Commission files proceedings against Vector

Wednesday, 10 October 2018, 9:09 am | Commerce Commission

The Commerce Commission will today file civil proceedings in the High Court at Auckland seeking financial penalties against electricity lines company Vector for breaching its network quality standards. More >>

DLF Seeds seeks clearance to acquire PGG Wrightson’s seeds

Tuesday, 2 October 2018, 11:52 am | Commerce Commission

The Commerce Commission has received a clearance application from DLF Seeds A/S to acquire 100% of the shares of PGG Wrightson Seeds Holdings Limited from PGG Wrightson Limited. More >>

PB Tech fined for extensive failings

Monday, 1 October 2018, 11:51 am | Commerce Commission

PB Technologies Ltd (PB Tech) has been fined $77,000 in the Auckland District Court after pleading guilty to 14 charges brought by the Commission for selling non-compliant extended warranties. More >>

NZSALE sentenced for unsafe children’s nightwear

Wednesday, 26 September 2018, 9:08 am | Commerce Commission

Online and store retailer NZSALE was fined $74,000 in the North Shore District Court yesterday after pleading guilty to four charges brought by the Commerce Commission for selling nightwear that failed to meet the applicable safety standard. More >>

Commission welcomes Court of Appeal ruling on NZME/Fairfax

Tuesday, 25 September 2018, 10:04 am | Commerce Commission

The Court of Appeal has dismissed NZME and Fairfax’s (now Stuff) long-running appeal against the Commerce Commission’s decision to decline their media merger. More >>

Statement of Preliminary Issues for Tennex/San-i-pak

Friday, 21 September 2018, 3:38 pm | Commerce Commission

The Commerce Commission has published a statement of preliminary issues relating to the proposed acquisition of the medical and quarantine waste collection and treatment assets of San-i-pak Limited (San-i-pak) by Tennex Capital Limited (Tennex). More >>

Fraud charge over fire extinguisher service claims

Thursday, 20 September 2018, 12:09 pm | Commerce Commission

The Commerce Commission has filed charges under the Crimes Act 1961 and the Fair Trading Act 1986 (FT Act) against the owner of a company which supplies and services fire extinguishers. More >>

Datix’s proposed acquisition of RL Solutions investigated

Wednesday, 19 September 2018, 9:35 am | Commerce Commission

The Commerce Commission has opened an investigation into Datix’s proposed acquisition of RL Solutions. More >>

Tennex seeks authorisation to acquire San-i-pak

Tuesday, 18 September 2018, 11:46 am | Commerce Commission

The Commerce Commission has received an authorisation application from Tennex Capital Limited (Tennex) to acquire the medical and quarantine waste collection and treatment assets of San-i-pak Limited (San-i-pak). More >>

Commission to file proceedings against Aurora Energy

Monday, 17 September 2018, 9:30 am | Commerce Commission

The Commerce Commission has decided to file court proceedings against Dunedin-based electricity lines company Aurora Energy for breaching its regulated quality standards in 2016 and 2017. The Commission will be asking the High Court to impose financial ... More >>

 

 

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