Commerce Commission - Latest News [Page 2]
Statement Of Preliminary Issues Released For Proposed Foodstuffs Merger
Thursday, 18 January 2024, 12:09 pm | Commerce Commission
The Commerce Commission has published a statement of preliminary issues relating to an application from Foodstuffs North Island Limited and Foodstuffs South Island Limited seeking clearance to merge. The statement outlines the key competition issues ... More >>
Statement Of Preliminary Issues Released For St John's Application To Acquire Certain Medical Alarm From Securely
Wednesday, 17 January 2024, 1:16 pm | Commerce Commission
The Commerce Commission has published a statement of preliminary issues relating to an application from The Priory in New Zealand of the Most Venerable Order of the Hospital of St John of Jerusalem (St John) seeking clearance to acquire certain assets ... More >>
Payments NZ seeks authorisation to further develop its open banking framework
Tuesday, 16 January 2024, 5:30 pm | Commerce Commission
The Commerce Commission has received an application from Payments NZ Limited (Payments NZ) seeking authorisation to work with API providers and third parties to develop arrangements that, according to Payments NZ, will facilitate a more well-utilised, ... More >>
Ngāi Tahu Tourism Withdraws Application For KJet And Time Tripper Acquisition
Friday, 22 December 2023, 11:24 am | Commerce Commission
Ngāi Tahu Tourism has formally withdrawn its application to the Commerce Commission for clearance to acquire the tourism jet boating business trading as "KJet" and related assets (including 100% of the shares in Time Tripper Limited) from Kawarau ... More >>
Commission Authorises The Restrictions On The Advertising And Marketing Of Infant Formula
Thursday, 21 December 2023, 9:16 pm | Commerce Commission
The Commerce Commission has granted authorisation to the current and future members of the Infant Nutrition Council Limited (INC) to restrict their advertising and marketing of formula products for infants aged up to 12 months old. In assessing the INC’s ... More >>
Commission Alleges Zoono’s 24 Hour And 30 Day Germ Killing Claims Not Backed-up
Wednesday, 20 December 2023, 9:44 am | Commerce Commission
The Commerce Commission has filed charges against Zoono Limited (Zoono), alleging it made unsubstantiated representations about the performance of its hand and surface sanitiser products. The Commission alleges that between July 2019 to August 2023 ... More >>
Kiwi Motorists Should “Kick The Tyres” On Fuel Loyalty Schemes
Tuesday, 19 December 2023, 8:50 am | Commerce Commission
The Commerce Commission says Kiwi motorists really need to “kick the tyres” on fuel discounts and compare display prices to make sure they’re getting the best price over the summer – when many New Zealanders are hitting the road for their ... More >>
Commission Grants Clearance For Kingspan To Acquire Conqueror
Monday, 18 December 2023, 8:21 pm | Commerce Commission
The Commerce Commission has granted clearance for Kingspan Limited to acquire the insulated panel and boards business of Conqueror New Zealand Limited. Both Kingspan and Conqueror supply insulated panels made with a polyisocyanurate (PIR) foam core ... More >>
Foodstuffs North Island And Foodstuffs South Island Seek Clearance To Merge
Monday, 18 December 2023, 11:36 am | Commerce Commission
The Commerce Commission has received an application from Foodstuffs North Island Limited and Foodstuffs South Island Limited seeking clearance to merge. Foodstuffs North Island and Foodstuffs South Island operate as separate co-operatives that focus ... More >>
Foodstuffs North Island And Foodstuffs South Island Seek Clearance To Merge
Monday, 18 December 2023, 11:34 am | Commerce Commission
The Commerce Commission has received an application from Foodstuffs North Island Limited and Foodstuffs South Island Limited seeking clearance to merge. Foodstuffs North Island and Foodstuffs South Island operate as separate co-operatives that focus ... More >>
Case Highlights Need To Play It Safe Ahead Of The Festive Season
Thursday, 14 December 2023, 1:41 pm | Commerce Commission
As the festive season approaches, the Commerce Commission is encouraging shoppers to be mindful of safety when purchasing toys for young children. This follows a recent case where the Waitakere District Court imposed a fine of $38,500 on Geneva Distributors ... More >>
Telcos Need To Improve Transparency On Pricing And Coverage Says ComCom
Thursday, 14 December 2023, 9:14 am | Commerce Commission
New draft Guidelines issued by the Commerce Commission would require telecommunications providers to be more transparent about their prices and coverage so that Kiwi consumers can make better comparisons and choices. Telecommunications Commissioner, ... More >>
St John Seeks Clearance To Acquire Securely’s Medical Alarm And Monitoring Business
Wednesday, 13 December 2023, 3:29 pm | Commerce Commission
The Commerce Commission has received a clearance application from The Priory in New Zealand of the Most Venerable Order of the Hospital of St John of Jerusalem (St John) to acquire certain assets from Electra Services Limited, which trades as Securely. ... More >>
Supermarkets Encouraged To Come To The Party This Holiday Season With Genuinely Good Prices
Wednesday, 13 December 2023, 11:34 am | Commerce Commission
New Zealand’s Grocery Commissioner is challenging supermarkets to step up and offer meaningful savings for Kiwi households this Christmas and New Year holiday season, to help address cost-of-living pressures. Given large increases in food prices ... More >>
Commission Strengthens Regulatory Foundations To Support Future Infrastructure Investment
Wednesday, 13 December 2023, 11:27 am | Commerce Commission
The Commerce Commission today released its final decisions on its Input Methodologies Review, updating the key regulatory rules for electricity lines, gas pipelines, and airports in New Zealand. Commissioner Vhari McWha says the rules are fundamental ... More >>
Commission Files Criminal Charges Against Construction Companies And Directors In First Criminal Cartel Prosecution
Tuesday, 12 December 2023, 10:53 am | Commerce Commission
The Commerce Commission has filed criminal charges against two construction companies and two directors for alleged bid rigging of publicly funded construction contracts, in the country’s first-ever criminal prosecution for cartel conduct. The charges ... More >>
Statement Of Preliminary Issues Released For NZ Post’s Application To Acquire Certain Courier Business Assets Of PBT
Friday, 8 December 2023, 10:08 am | Commerce Commission
The Commerce Commission has published a statement of preliminary issues relating to an application from New Zealand Post Limited seeking clearance for it, or any interconnected body corporate, to acquire certain courier business assets of PBT ... More >>
Stakeholder Views Wanted On Fibre (UFB) Deregulation Framework
Thursday, 7 December 2023, 9:23 am | Commerce Commission
The Commerce Commission is seeking stakeholder views on the framework it should use to assess whether there are reasonable grounds to investigate the deregulation of fibre (UFB) services. Telecommunications Commissioner, Tristan Gilbertson, says ... More >>
Commission Finalises Telco Development Levy
Wednesday, 6 December 2023, 10:06 am | Commerce Commission
The Commerce Commission has today released its final decision on the allocation of payments for the Government’s $11.25 million Telecommunications Development Levy (TDL) for 2022/23. Under the Telecommunications Act, the Commerce Commission ... More >>
Court Increases NZME Fine To $195,000 In Puzzle Toy Prosecution
Friday, 1 December 2023, 9:23 am | Commerce Commission
The Commerce Commission has successfully argued the original fine imposed on NZME Advisory Limited (NZME) was “manifestly inadequate” and did not appropriately reflect the presence of harm – with the High Court increasing the penalty to $195,000, ... More >>