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Commerce Commission - Latest News [Page 1]
Process For Setting Powerco’s Electricity Revenue To 2025 Gets Underway
Thursday, 26 May 2022, 10:05 am | Commerce Commission
The Commerce Commission is inviting feedback on key issues as part of the first stage in the transition of Powerco Limited (Powerco) from a customised price-quality path (CPP) to the default price-quality path (DPP). A price path sets the maximum ... More >>
Mastercard And Visa Networks Will Be Initial Focus For Commission Under New Act
Wednesday, 18 May 2022, 2:28 pm | Commerce Commission
Under the new Retail Payment Systems Act 2022, the Mastercard and Visa credit and debit card networks will be the initial focus of the Commerce Commission’s work to promote competition and efficiency in the retail payment system. The Act allows ... More >>
Commission Appeals Record $2.25m Fine In Vodafone FibreX Case
Wednesday, 18 May 2022, 9:14 am | Commerce Commission
The Commerce Commission has filed an appeal in the High Court against a record $2.25 million fine imposed on Vodafone NZ Limited (Vodafone) for its offending under the Fair Trading Act during its FibreX advertising campaign. While the sentence imposed ... More >>
Commerce Commission Welcomes New Broadband Marketing Codes
Tuesday, 17 May 2022, 11:22 am | Commerce Commission
The Commerce Commission welcomes new marketing codes for the telecommunications industry that will help consumers make informed choices about the best broadband service for them. The new codes were developed by the New Zealand Telecommunications ... More >>
Statement Of Issues Released For Lineage/CSN Clearance Application
Friday, 13 May 2022, 3:12 pm | Commerce Commission
The Commerce Commission has published a Statement of Issues relating to the clearance application for Lineage Logistics New Zealand to acquire Cold Storage Nelson Limited (the Proposed Acquisition). The Statement of Issues outlines the Commission’s potential ... More >>
Statement Of Preliminary Issues Released For Kinetic / NZ Bus
Friday, 13 May 2022, 2:16 pm | Commerce Commission
The Commerce Commission has published a Statement of Preliminary Issues relating to the clearance application for Kinetic NZ Holdings Ltd (Kinetic) to acquire 100% of the issued share capital of NZB Holdco Limited (NZ Bus) and its subsidiaries. ... More >>
Statement Of Preliminary Issues Released For Latitude / Humm
Friday, 13 May 2022, 11:59 am | Commerce Commission
The Commerce Commission has published a statement of preliminary issues regarding the application from Latitude Group Holdings Limited to acquire Humm Group Limited’s consumer finance business. The Statement outlines the key competition issues that ... More >>
Commission Invites Feedback On Its Initial Views Of Wellington Airport’s Pricing Decisions
Friday, 13 May 2022, 9:41 am | Commerce Commission
The Commerce Commission is inviting feedback on its initial views, released today, about Wellington Airport’s pricing decisions for specified airport services, such as aircraft parking or airfield and passenger terminal charges, for the period 1 ... More >>
Statement Of Preliminary Issues For Mobil Applications To Increase Ownership Interest In Jet Fuel Joint Ventures
Thursday, 12 May 2022, 5:41 am | Commerce Commission
The Commerce Commission has published a statement of preliminary issues relating to two clearance applications from Mobil Oil New Zealand Limited to acquire up to 100% of Z Energy Limited’s ownership interest in two assets used to supply jet ... More >>
Statement Of Unresolved Issues Released For Life Health Foods / Chalmers
Wednesday, 4 May 2022, 10:12 am | Commerce Commission
The Commerce Commission has published a Statement of Unresolved Issues relating to an application from Life Health Foods NZ Limited seeking clearance to acquire the business and assets of Chalmers Organics Limited. The Statement of Unresolved ... More >>
Commission Clears Zenith Water / Waterlogic Merger Subject To Divestment
Tuesday, 3 May 2022, 1:48 pm | Commerce Commission
The Commerce Commission has given clearance to Osmosis Buyer Limited (Osmosis) to acquire Firewall Holdings S.À R.L (Firewall) as part of a global transaction, subject to an undertaking to divest Firewall’s Merquip business. Osmosis’ New Zealand ... More >>
Statement Of Unresolved Issues Issued For Proposed THL/Apollo Merger
Friday, 29 April 2022, 5:28 am | Commerce Commission
The Commerce Commission has published a statement of unresolved issues relating to an application from THL Group (Australia) Pty Ltd, a subsidiary of Tourism Holdings Limited, seeking clearance to acquire 100% of the shares in Apollo Tourism & ... More >>
Draft Determination On New Zealand Tegel Growers Association’s Application To Engage In Collective Bargaining
Wednesday, 27 April 2022, 9:38 am | Commerce Commission
The Commerce Commission (Commission) has reached a preliminary view that it should allow the New Zealand Tegel Growers Association Incorporated (TGA) to collectively negotiate on behalf of its members the terms and conditions of its members’ supply ... More >>
Mobil Seeks Clearance To Increase Ownership Interest In Two Jet Fuel Joint Ventures
Tuesday, 26 April 2022, 9:37 am | Commerce Commission
The Commerce Commission has received two clearance applications from Mobil Oil New Zealand Limited to acquire up to 100% of Z Energy Limited’s ownership interest in two assets used to supply jet fuel at Auckland International Airport: the Wiri ... More >>
Kinetic NZ Holdings Limited Seeks Clearance To Acquire NZ Bus
Tuesday, 19 April 2022, 3:37 pm | Commerce Commission
The Commerce Commission has received a clearance application from Kinetic NZ Holdings Limited (Kinetic) to acquire 100% of the issued share capital of NZB Holdco Limited (NZ Bus) and its subsidiaries. Kinetic operates bus and coach services in New Zealand ... More >>
Latitude Seeks Clearance To Acquire Humm’s Consumer Finance Business
Tuesday, 19 April 2022, 11:51 am | Commerce Commission
The Commerce Commission has received a clearance application from Latitude Group Holdings Limited (Latitude) to acquire Humm Group Limited’s consumer finance business (Humm). Latitude and Humm are global suppliers of consumer finance products including ... More >>
Statement Of Unresolved Issues Released For Anytime NZ Limited’s Collaborative Activity Clearance Application
Thursday, 14 April 2022, 3:51 pm | Commerce Commission
The Commerce Commission has published a Statement of Unresolved Issues relating to the application by Anytime NZ Limited (Anytime NZ) for clearance under section 65A of the Commerce Act 1986 for proposed agreements with its franchisees. The proposed ... More >>
Provisional Authorisation Granted For News Publishers’ Association To Engage In Collective Bargaining With Meta & Google
Tuesday, 12 April 2022, 10:18 am | Commerce Commission
The Commerce Commission has provisionally authorised the News Publishers’ Association of New Zealand to collectively negotiate with Meta and Google regarding the terms and conditions on which participating news media companies’ content is displayed ... More >>
Ampol/Z: Commission Approves Divestment Of Gull To Allegro Transaction Vehicle
Thursday, 7 April 2022, 8:46 pm | Commerce Commission
The Commerce Commission has approved the sale by Ampol Limited (Ampol) of the Gull business in New Zealand (Gull) to GNZ Energy Bidco Limited (GNZ). GNZ is controlled by Allegro Funds Pty Ltd (Allegro) and owned by a combination of investors in the ... More >>
Statement Of Preliminary Issues Released For Fletcher/Tumu ITM Application
Tuesday, 5 April 2022, 8:46 pm | Commerce Commission
The Commerce Commission has published a statement of preliminary issues relating to an application from Fletcher Distribution Limited (FDL) seeking clearance to acquire the six ITM stores, and a frame and truss manufacturing plant, from Tumu Merchants ... More >>
