Commerce Commission - Latest News [Page 1]

Commission clears Rheem to acquire Peter Cocks

Wednesday, 3 February 2016, 4:45 pm | Commerce Commission

The Commerce Commission has given clearance for Rheem New Zealand Limited to acquire the business and assets of Peter Cocks (2010) Limited. More >>

Agreement to repackage Nurofen specific pain range

Wednesday, 23 December 2015, 12:18 pm | Commerce Commission

The Commerce Commission has reached an agreement with Reckitt Benckiser (New Zealand) Limited under which the pharmaceutical company will stop New Zealand sales of its Nurofen specific pain range products in their current packaging by March 2016. More >>

Coty to acquire Procter and Gamble Assets

Wednesday, 23 December 2015, 12:12 pm | Commerce Commission

The Commerce Commission has received an application from Coty Inc. seeking clearance to acquire a significant part of the global hair care, colouring and styling, colour cosmetics and fragrance businesses of the Procter and Gamble Company. More >>

Livestock companies fined over $3 million

Tuesday, 22 December 2015, 1:11 pm | Commerce Commission

PGG Wrightson and Rural Livestock have been fined $2.7 million and $475,000 respectively in separate penalty hearings in the Auckland High Court for price fixing in connection with the introduction of the National Animal Identification Tracing Act 2012 (NAIT ... More >>

Commerce Commission stops mobile trader and secures refunds

Tuesday, 22 December 2015, 12:30 pm | Commerce Commission

The Commission has accepted an enforceable undertaking from mobile trader Sales Concepts Limited (Sales Concepts). More >>

Spark seeks clearance to acquire radio spectrum

Monday, 21 December 2015, 10:23 am | Commerce Commission

The Commerce Commission has received an application from Spark New Zealand Trading Limited (Spark) seeking clearance to acquire the management rights to 70MHz of radio spectrum in the 2300MHz band from Craig Wireless Spectrum Operations Limited (Craig ... More >>

Date extension for Z Energy’s application to acquire Chevron

Friday, 18 December 2015, 9:59 am | Commerce Commission

On 1 July 2015, Z Energy Limited (Z Energy) registered an application with the Commerce Commission seeking clearance to acquire 100% of the shares in Chevron New Zealand (Chevron), the owner of the Caltex brand in New Zealand. More >>

Commission releases investigation guidelines

Thursday, 17 December 2015, 12:44 pm | Commerce Commission

The Commerce Commission has released guidelines designed to help traders and consumers understand how it investigates competition and consumer matters. More >>

Commission files proceedings against real estate agencies

Thursday, 17 December 2015, 10:27 am | Commerce Commission

The Commerce Commission has filed proceedings in the Auckland High Court for alleged price fixing and anti-competitive behaviour by 13 national and regional real estate agencies, a company owned by a number of national real estate agencies, and 3 individuals. ... More >>

Commission releases final decision on Broadband

Tuesday, 15 December 2015, 10:14 am | Commerce Commission

The Commerce Commission has today released its final decision setting the prices that Chorus can charge for use of its local copper lines and broadband service over the next five years. These are wholesale prices that Chorus charges retail telecommunications ... More >>

Commission releases final report on Fonterra

Tuesday, 15 December 2015, 10:09 am | Commerce Commission

The Commerce Commission today released its final report on its statutory review of Fonterra’s Milk Price Manual for the 2015/16 dairy season. The Manual sets out how Fonterra will calculate how much it will pay dairy farmers for raw milk. More >>

Commission urges Flexi Buy customers to come forward

Monday, 14 December 2015, 5:08 pm | Commerce Commission

Customers of mobile trader Flexi Buy Limited, who purchased goods but never received them, are being asked to contact the Commerce Commission. More >>

Auckland money lender found guilty and fined

Monday, 14 December 2015, 10:23 am | Commerce Commission

Unlicensed money lender, Sunway Finance Limited (Sunway), was fined $30,000 in Auckland District Court and all of its loan contracts were extinguished. As a consequence, debtors do not have to pay back any outstanding money under these loans. More >>

Retailers reminded to avoid exaggerating discounts

Wednesday, 9 December 2015, 11:02 am | Commerce Commission

The Commerce Commission is reminding retailers of their responsibilities as the holiday shopping season heats up. More >>

Liability allocation for telecommunication providers

Wednesday, 9 December 2015, 9:38 am | Commerce Commission

The Commerce Commission has released its final decision about how much 18 telecommunications providers will pay towards the $50 million Telecommunications Development Levy (TDL) for 2014/15. More >>

Commerce Commission clears merger of Vocus and M2

Friday, 4 December 2015, 11:13 am | Commerce Commission

The Commerce Commission has given clearance for Vocus Communications Limited (Vocus) to acquire up to 100% of the shares and/or assets in M2 Group Limited. More >>

Waste oil firm fined $425k

Thursday, 3 December 2015, 4:29 pm | Commerce Commission

Enviro Waste Services Limited has been fined $425,000 in the Auckland High Court following a Commerce Commission investigation into attempted anti-competitive conduct in relation to the collection of waste oil in the upper South Island. More >>

Construction company charged over building guarantee

Thursday, 3 December 2015, 12:44 pm | Commerce Commission

The Commerce Commission has filed charges against construction business Flaxmill Limited (Flaxmill) and its director, Gerard James Thomson, in the Christchurch District Court. More >>

Gas companies respond well to new disclosure requirements

Wednesday, 2 December 2015, 9:32 am | Commerce Commission

The Commerce Commission has welcomed the high level of compliance from gas pipeline companies in meeting new requirements to disclose how they are managing their assets. More >>

Yoghurt Story and Frozen Yoghurt charged by Commission

Tuesday, 1 December 2015, 3:04 pm | Commerce Commission

Yoghurt Story New Zealand Limited (Yoghurt Story) and Frozen Yoghurt Limited (Frozen Yoghurt) today appeared in Auckland District Court facing charges brought by the Commerce Commission. More >>

 

 

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