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Commerce Commission - Latest News [Page 1]
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 >>
Statement Of Preliminary Issues Released For Farmlands’ Proposed Acquisition Of Seales Winslow
Friday, 24 November 2023, 1:17 am | Commerce Commission
The Commerce Commission has published a statement of preliminary issues relating to an application from Farmlands Co-operative Society Limited seeking clearance to acquire 100% of the shares of Seales Winslow Limited. The statement outlines the ... More >>
NZ Post Seeks Clearance To Acquire Courier Business Assets Of PBT Couriers
Tuesday, 21 November 2023, 4:32 pm | Commerce Commission
The Commerce Commission has received an application from New Zealand Post Limited (NZ Post) seeking clearance for it, or any interconnected body corporate, to acquire certain courier business assets of PBT Group Limited (PBT). Specifically, NZ Post ... More >>
Commission Sees Consumer Benefit In Transpower’s Proposed $393m Spend On The Grid, But Questions Timing Of HVDC Upgrade
Thursday, 16 November 2023, 9:41 am | Commerce Commission
The Commerce Commission has issued its draft decision approving Transpower’s proposed $392.9 million investment in the electricity transmission grid based on the benefit to Kiwi electricity consumers. Transpower’s proposal, known as Net-Zero Grid Pathways ... More >>
Commission Invites Views On Chorus’ Proposed $2 Billion Investment
Thursday, 16 November 2023, 9:39 am | Commerce Commission
The Commerce Commission is consulting on Chorus’ proposal to spend $2.1 billion between 2025-2028 – the second period of the new fibre regulatory regime. Telecommunications Commissioner, Tristan Gilbertson, says the Commission’s focus is on ensuring Chorus ... More >>
Statement of Preliminary Issues released for One NZ’s application to acquire Dense Air
Wednesday, 15 November 2023, 7:41 pm | Commerce Commission
The Commerce Commission has published a statement of preliminary issues relating to an application from One New Zealand Group Limited seeking clearance to acquire 100% of the shares in Dense Air New Zealand Limited from Dense Air Limited and SoftBank ... More >>
Commission Grants Clearance For Sealord’s Proposed Acquisition Of Independent Fisheries
Monday, 13 November 2023, 9:16 pm | Commerce Commission
The Commerce Commission has granted clearance for Sealord Group Limited to acquire the fishing business of Independent Fisheries. In reaching its decision, the Commission considered the potential impact of the proposed acquisition on competition in the ... More >>
Statement Of Preliminary Issues Released For Kingspan’s Proposed Acquisition Of Conqueror
Monday, 13 November 2023, 5:48 pm | Commerce Commission
The Commerce Commission has published a statement of preliminary issues relating to an application from Kingspan Limited seeking clearance to acquire the insulated panel and insulation boards business of Conqueror New Zealand Limited. The statement ... More >>
Farmlands Co-operative Society Seeks Clearance To Acquire Seales Winslow
Thursday, 9 November 2023, 3:15 pm | Commerce Commission
The Commerce Commission has received an application from Farmlands Co-operative Society Limited seeking clearance to acquire 100% of the shares of Seales Winslow Limited. Both parties manufacture and distribute animal nutrition products, including ... More >>
Consumer And Economic Regulatory Authorities Form Network To Promote Well-functioning Markets In The Pacific
Monday, 6 November 2023, 3:11 pm | Commerce Commission
The Commerce Commission has joined competition, consumer protection, and economic regulators from across the Pacific to share intelligence, investigative techniques, and best practice in a newly formed initiative - the Pacific Island Network of Competition ... More >>
One NZ Seeks Clearance To Acquire Dense Air
Friday, 3 November 2023, 8:52 am | Commerce Commission
The Commerce Commission has received an application from One New Zealand Group Limited seeking clearance to acquire 100% of the shares in Dense Air New Zealand Limited from Dense Air Limited and SoftBank Corp. One NZ is one of New Zealand’s largest ... More >>
Commission Focussed On Ensuring Consumers Benefit From Large-scale Investment In Electricity Lines
Thursday, 2 November 2023, 9:17 am | Commerce Commission
The Commerce Commission will have a close eye on ensuring that the growing investment in electricity lines maximises benefits to Kiwi consumers – as the sector goes into a period of investment that is likely to total in the tens of billions over ... More >>
The Top 3 On The Grocery Commissioner’s Fix-it List
Monday, 30 October 2023, 12:04 pm | Commerce Commission
New Zealand’s grocery watchdog, Pierre van Heerden, has today revealed the ‘Top 3’ on his current fix-it list for the country’s $25 billion supermarket sector: Pricing integrity – misleading or inaccurate pricing by retailers; Supplier behaviour ... More >>
Statement of Preliminary Issues released for AlphaTheta’s proposed acquisition of Serato
Friday, 27 October 2023, 6:26 am | Commerce Commission
Issued 26 October 2023 The Commerce Commission has published a Statement of Preliminary Issues relating to an application from AlphaTheta Corporation seeking clearance to acquire Serato Audio Research Limited. The Statement outlines the key competition ... More >>
Commission Seeks Feedback On Draft Telecommunications Development Levy Allocation
Thursday, 26 October 2023, 10:29 am | Commerce Commission
The Commerce Commission has today released its draft decision on the allocation of payments for the Government’s $11.25 million Telecommunications Development Levy (TDL) for 2022/2023. The TDL is paid by providers with gross revenues in excess ... More >>
Kingspan Seeks Clearance To Acquire Conqueror
Thursday, 26 October 2023, 10:19 am | Commerce Commission
The Commerce Commission has received a clearance application from Kingspan Limited to acquire the insulated panel and boards business of Conqueror New Zealand Limited. The parties overlap in the supply of insulation boards and insulated panels in New ... More >>
Statement Of Issues Released For Proposed Queenstown Jet Boats Merger
Thursday, 19 October 2023, 3:17 pm | Commerce Commission
The Commerce Commission has published a statement of issues relating to an application from Ngāi Tahu Tourism Limited seeking clearance for itself (or a wholly-owned subsidiary) to acquire the tourism jet boating business trading as “KJet” and related assets ... More >>
AlphaTheta seeks clearance to acquire Serato
Wednesday, 11 October 2023, 7:53 pm | Commerce Commission
The Commerce Commission has received a clearance application from AlphaTheta Corporation (AlphaTheta), seeking clearance to acquire Serato Audio Research Limited (Serato). AlphaTheta and Serato are both active in DJ software. DJ software can be used for ... More >>
