Commerce Commission - Latest News [Page 1]

Canterbury builder fined

Monday, 20 June 2016, 2:11 pm | Commerce Commission

Gerard James Thomson, the Director of construction business, Flaxmill Ltd, was fined $12,800 and ordered to pay $16,700 in compensation to two of the three complainants for making false representations about providing Homefirst building guarantees to ... More >>

Electricity, gas and airport services review

Thursday, 16 June 2016, 10:24 am | Commerce Commission

The Commerce Commission has today released draft decisions for consultation on its review of input methodologies (IMs) – the rules, requirements and processes that apply to the sectors it regulates under Part 4 of the Commerce Act More >>

First mobile traders sentenced under new laws

Wednesday, 15 June 2016, 4:08 pm | Commerce Commission

Mobile traders Goodring Company Limited (Goodring) and Betterlife Corporation Limited (Betterlife) have been fined a total of $171,500 after being sentenced in Auckland District Court. More >>

Preliminary Issues released for Fairfax / NZME merger

Tuesday, 14 June 2016, 10:11 am | Commerce Commission

The Commerce Commission has published a Statement of Preliminary Issues relating to the merger of the businesses of Wilson & Horton Limited (trading as NZME) and Fairfax New Zealand Limited. More >>

Report details profitability of electricity lines companies

Wednesday, 8 June 2016, 9:47 am | Commerce Commission

The Commerce Commission has today released a new report detailing the profitability of the 16 electricity distributors subject to price-quality regulation in New Zealand between 2012 and 2015. More >>

Payday lender, Twenty Fifty Club, found guilty

Friday, 3 June 2016, 2:56 pm | Commerce Commission

Twenty Fifty Club Ltd and its sole director Gavin John Marsich were today found guilty of 16 charges each in Manukau District Court in relation to a payday loans business in South Auckland. More >>

Commerce Commission receives racing betting application

Friday, 3 June 2016, 12:41 pm | Commerce Commission

The Commerce Commission has received an application from the New Zealand Racing Board (NZRB) seeking authorisation for parts of a proposed arrangement between the NZRB and Tabcorp Wagering Manager (Vic) Pty Ltd (Tabcorp). More >>

Commission files charges against educational software

Thursday, 2 June 2016, 11:24 am | Commerce Commission

The Commerce Commission has filed 37 charges against the Auckland Academy of Learning Limited (AAL). The charges allege that misrepresentations were made by staff who sold AAL’s educational software package, CAMI. They also allege that AAL breached ... More >>

Commission lifts ‘stop’ on Brilliance Steel’s steel mesh

Wednesday, 1 June 2016, 4:41 pm | Commerce Commission

The Commerce Commission has lifted its advice to Brilliance Steel Limited (Brilliance) not to sell ductile steel mesh represented as grade 500E after reaching an interim agreement. More >>

NZME and Fairfax apply for authorisation to merge

Friday, 27 May 2016, 1:26 pm | Commerce Commission

The Commerce Commission has received an application from Wilson and Horton Limited (trading as NZME) and Fairfax NZ Limited seeking authorisation to merge their media operations in New Zealand. More >>

Telco report highlights growth of mobile and video streaming

Thursday, 26 May 2016, 10:27 am | Commerce Commission

The Commerce Commission has today released its latest annual telecommunications monitoring report analysing the state of New Zealand’s telecommunications markets. More >>

Commission files proceedings against Vodafone

Wednesday, 25 May 2016, 3:59 pm | Commerce Commission

The Commerce Commission has filed court proceedings against Vodafone New Zealand Limited alleging it breached the Fair Trading Act by making false price representations. More >>

Napier lender, Cash to You Loans, appears in court

Monday, 23 May 2016, 2:59 pm | Commerce Commission

Lower-tier finance company, Cash to You Loans Limited, has appeared in the Napier District Court on 32 charges brought by the Commerce Commission relating to its lending business. More >>

Nangong sentenced after selling fake alpaca duvets

Monday, 23 May 2016, 10:40 am | Commerce Commission

Duvet and rug business Nangong Limited and its owner, Yun Qiang Hou, were convicted and fined a total of more than $109,000 in Auckland District Court after pleading guilty to 14 charges of making false claims that their duvets contained alpaca wool ... More >>

Manawatu agency to pay $1.25m penalty in price fixing case

Friday, 20 May 2016, 2:53 pm | Commerce Commission

Manawatu agency to pay $1.25m penalty in real estate price fixing case Unique Realty Limited has been ordered to pay a penalty of $1.25 million following a hearing in the Auckland High Court. Unique is the first of 13 national and regional real estate ... More >>

Supreme Court backs Commission in credit law case

Thursday, 12 May 2016, 3:41 pm | Commerce Commission

The Supreme Court has dismissed Motor Trade Finance Limited (MTF) and Sportzone Motorcycles Limited’s second and final appeal in the long-running credit fees case brought by the Commerce Commission, providing the definitive ruling on a key piece of credit ... More >>

Drainage firm director sentenced to home detention

Wednesday, 11 May 2016, 3:36 pm | Commerce Commission

Alligator Drainage Limited director Graham Lilley has today been sentenced to 10 months home detention in Christchurch District Court, having pleaded guilty to 21 deception charges under the Crimes Act following a Commerce Commission and Police ... More >>

Lenders must repay all fees and interest

Wednesday, 4 May 2016, 2:55 pm | Commerce Commission

Lenders must repay all fees and interest if they don’t comply with disclosure rules More >>

Commission concludes Intagr8 investigation

Wednesday, 4 May 2016, 2:31 pm | Commerce Commission

The Commerce Commission has concluded its investigation into telecommunications firm Intagr8 Limited regarding allegations it misrepresented the price and nature of its services when making sales in New Zealand. More >>

Imported goats’ milk powder products not “New Zealand made”

Tuesday, 3 May 2016, 11:27 am | Commerce Commission

In a case taken by the Commerce Commission, the High Court has found that New Zealand Nutritionals (2004) Limited (NZ Nutritionals) made misleading “New Zealand made” claims about two dietary supplements. More >>

 

 

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