Commerce Commission - Latest News [Page 1]

Noel Leeming fined $200,000 for misleading consumers

Friday, 14 December 2018, 4:32 pm | Commerce Commission

Retailer Noel Leeming Group Limited (Noel Leeming) has today been fined$200,000 for misleading consumers about their rights under the Consumer Guarantees Act (CGA), following a Commerce Commission prosecution. More >>

Commission grants clearance to Thales subject to divestment

Thursday, 13 December 2018, 2:38 pm | Commerce Commission

The Commerce Commission has granted clearance for Thales S.A to acquire Gemalto N.V. subject to a divestment undertaking requiring Thales to divest its entire general-purpose hardware security module (HSM) business. More >>

Commission opens first market study into retail fuel sector

Thursday, 6 December 2018, 9:32 am | Commerce Commission

The Commerce Commission has today commenced a market study into factors that may affect competition for the supply of retail petrol and diesel used for land transport throughout New Zealand. More >>

Statement of Preliminary Issues released for Fletcher

Tuesday, 4 December 2018, 9:24 am | Commerce Commission

The Commerce Commission has published a Statement of Preliminary Issues relating to an application by Fletcher Building Limited to acquire all the assets and employees of Waikato Aggregates Limited, including the right to extract and process sand from ... More >>

DLF Seeds acquisition of PGG Wrightson Seeds

Monday, 3 December 2018, 9:56 am | Commerce Commission

The Commerce Commission has sent a letter of issues to DLF Seeds in relation to its proposed acquisition of PGG Wrightson Seeds. More >>

Commission outlines approach for improving service

Friday, 30 November 2018, 9:06 am | Commerce Commission

The Commerce Commission has today published a framework paper outlining its approach to implementing new provisions under the Telecommunications Act to improve retail service quality for consumers. More >>

Jeweller Michael Hill fined $169,000

Thursday, 29 November 2018, 4:04 pm | Commerce Commission

Jewellery retailer Michael Hill New Zealand Limited (Michael Hill) has been fined $169,000 in the Wellington District Court today following a Commerce Commission investigation into its extended warranty product. More >>

Commission proposes to authorise acquisition of San-i-Pak

Thursday, 29 November 2018, 10:15 am | Commerce Commission

The Commerce Commission has today released a draft determination proposing to grant authorisation to Tenex to acquire the assets of competing Canterbury-based waste firm San-i-Pak. More >>

Fletcher Building seeks clearance for Waikato Aggregates

Thursday, 29 November 2018, 10:13 am | Commerce Commission

The Commerce Commission has received a clearance application from Fletcher Building Limited (Fletcher Building) to acquire all the assets and employees of Waikato Aggregates Limited (Waikato Aggregates), including the right to extract and process sand from ... More >>

Scanpower and GasNet warned for breaching requirements

Wednesday, 28 November 2018, 9:49 am | Commerce Commission

The Commerce Commission has issued formal warnings to Dannevirke-based electricity lines company Scanpower and Whanganui-based gas distributor GasNet for failing to publish full asset management plans by their regulatory deadlines. More >>

Commission releases Consumer Issues Report for 2017/18 year

Tuesday, 27 November 2018, 11:45 am | Commerce Commission

The Commerce Commission has released its Consumer Issues Report for the year to 30 June 2018. More >>

Clothing importer fined for labelling failures

Monday, 26 November 2018, 10:56 am | Commerce Commission

Clothing importer Goodwear Limited has been fined $50,000 for supplying children’s clothing which didn’t meet product safety or consumer information standards, following a Commerce Commission investigation. More >>

Commission consultations on moving from copper to fibre

Monday, 26 November 2018, 10:17 am | Commerce Commission

The Commerce Commission is seeking feedback on the consumer protections and proposed process that will regulate when Chorus can stop providing copper-based voice and broadband services in areas where fibre broadband is available. More >>

Commission wins court appeal in Hamilton real estate case

Friday, 23 November 2018, 1:50 pm | Commerce Commission

The Court of Appeal has found Hamilton-based Lodge Real Estate and Monarch Real Estate and its directors engaged in price-fixing in breach of the Commerce Act, overturning an earlier High Court ruling that had cleared them. More >>

New product safety videos released

Thursday, 22 November 2018, 9:14 am | Commerce Commission

The Commerce Commission has today released product safety videos, including a hard-hitting story which urges businesses “don’t toy with the life of a child”. More >>

Commerce Commission to appeal Steel & Tube sentence

Tuesday, 20 November 2018, 10:06 am | Commerce Commission

The Commission has today filed an appeal against the sentence imposed on Steel and Tube Holdings Limited (Steel & Tube) for false and misleading representations about steel mesh products. More >>

Lines companies’ price-quality path reset - views sought

Thursday, 15 November 2018, 8:56 am | Commerce Commission

The Commerce Commission has today released a consultation paper seeking feedback on the potential issues it will be considering when resetting the price-quality paths that will apply to 17 regional electricity lines companies in New Zealand. More >>

Lines company performance data highlights emerging trends

Monday, 12 November 2018, 8:52 am | Commerce Commission

The Commerce Commission has published its third set of one-page summaries of key performance measures for each of New Zealand’s 29 electricity lines companies. More >>

Commission seeks views on approach to new fibre regulation

Friday, 9 November 2018, 10:35 am | Commerce Commission

The Commerce Commission has today invited views on its proposed approach to implementing the new regulatory regime for New Zealand’s fibre broadband networks. More >>

Restrictions on infant formula marketing extended

Thursday, 8 November 2018, 10:26 am | Commerce Commission

Commission authorises extending restrictions on infant formula marketing The Commerce Commission has authorised members of the Infant Nutrition Council Limited to extend the advertising and marketing restrictions in their Code of Practice to cover infant ... More >>

 

 

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