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Commerce Commission - Latest News [Page 101]
Draft guidance on Telecom’s non-discrimination
Monday, 21 December 2009, 10:30 am | Commerce Commission
The Commerce Commission has today released a paper which sets out the Commission’s draft guidance on Telecom Corporation of New Zealand Limited’s non-discrimination obligations under the Telecom Separation Undertakings. The Commission is seeking ... More >>
CommComm: Telecom’s regulatory financial reporting
Friday, 18 December 2009, 11:33 am | Commerce Commission
Telecom New Zealand Limited today released its first set of audited regulatory financial statements for the financial year ending 30 June 2009. Under the Telecommunications Act Telecom must publish financial and other information about its retail, wholesale ... More >>
Comm Comm: final mobile termination undertakings
Friday, 18 December 2009, 11:27 am | Commerce Commission
The Commerce Commission today released further revised undertakings received in relation to mobile termination access services from Telecom and Vodafone, and correspondence from 2degrees withdrawing all of their earlier undertakings. The Commission will ... More >>
Commerce Commission Closes Investigation
Friday, 18 December 2009, 9:57 am | Commerce Commission
The Commerce Commission has closed an investigation into a potential breach of a confidentiality order. The investigation followed the disclosure in the Independent and the National Business Review in August 2009 of details of a confidential commercial ... More >>
Holiday voucher company pleads guilty to breaches
Tuesday, 15 December 2009, 5:06 pm | Commerce Commission
Discount Premium Holidays Limited, a New Zealand registered company that operated from Australia selling holiday vouchers in New Zealand, has pleaded guilty to 38 charges of breaching the Fair Trading Act and has been fined $209,000 in the Auckland ... More >>
Consultation on Input Methodologies extended
Thursday, 10 December 2009, 5:40 pm | Commerce Commission
The Commerce Commission has released two revised process papers today, following the granting of an extension to the timeframe for determining Input Methodologies and the Information Disclosure Requirements for Airports. The Minister of Commerce ... More >>
Telecom fined $500,000 for misleading over plan
Monday, 7 December 2009, 2:11 pm | Commerce Commission
Telecom New Zealand Limited has pleaded guilty to 17 charges of breaching the Fair Trading Act over claims made in 2006 when promoting Xtra’s Go Large broadband plan. Telecom has been fined $500,000 in the Auckland District Court today. More >>
Next steps for mobile termination investigation
Friday, 4 December 2009, 10:25 am | Commerce Commission
As part of the Commerce Commission’s investigation into mobile termination rates, the Commission has today written to 2degrees, Telecom and Vodafone inviting them to submit final revised undertakings. More >>
CommComm draft Telecom TSO cost 08/09
Friday, 4 December 2009, 10:19 am | Commerce Commission
The Commerce Commission today released a telecommunication service obligation (TSO) Cost Calculation Determination for the Local Residential Telephone Service covering the 2008/09 year. The draft cost is $69.7 million. More >>
CommComm 08/09 final determinations: Teleco Relay
Friday, 4 December 2009, 9:56 am | Commerce Commission
* the cost of the Telecommunications Relay Service (TRS) for the hearing impaired; and the * the proportion of cost to be met by each party liable to contribute to the cost of the TRS and the local residential telephone service obligation. Each ... More >>
Electricity distribution businesses’ price-quality
Monday, 30 November 2009, 10:05 am | Commerce Commission
The Commerce Commission has today released its determination and decisions paper for the price-quality path which will apply to electricity distribution businesses from 1 April 2010. This marks the first determination published by the Commission ... More >>
Energy Cos warned about anti-competitive behaviour
Tuesday, 24 November 2009, 9:55 am | Commerce Commission
The Commerce Commission has issued a formal warning to two energy companies alleged to have attempted to engage in anti-competitive conduct during the purchase by tender of a power station near Nelson in 2002. The warning, issued to Contact Energy Limited ... More >>
Inghams warned over GM free chicken claims
Wednesday, 18 November 2009, 10:14 am | Commerce Commission
The poultry producer Inghams Enterprises (NZ) Pty. Limited (Inghams) has received a warning from the Commerce Commission that it risked breaching the Fair Trading Act with claims that its chickens contained no genetically modified ingredients. ... More >>
Commerce Commission grants exemption to Mark Tume
Monday, 16 November 2009, 10:29 am | Commerce Commission
The Commerce Commission has granted Mark Tume an exemption under the Electricity Industry Reform Act 1998 (EIR Act) in relation to his potential appointment to the board of Powerco, subject to certain conditions. Currently Mr Tume is a director ... More >>
Juice Company Guilty of Breaching Fair Trading Act
Thursday, 12 November 2009, 4:39 pm | Commerce Commission
Brownlie Brothers Limited trading as Simply Squeezed, a juice manufacturing and distribution company pleaded guilty to six charges of breaching the Fair Trading Act and was fined $45,000 in the District Court in Auckland today. An order for court costs and solicitors ... More >>
Compliance Review Of Electricity Distribution
Wednesday, 11 November 2009, 11:43 am | Commerce Commission
The Commerce Commission has today released a review of the asset management plans disclosed by electricity distribution businesses for the period beginning 1 April 2009. The Commission notes the continued progress made by many electricity distribution ... More >>
Draft TSO determinations for 08/09 released
Tuesday, 10 November 2009, 11:21 am | Commerce Commission
The Commerce Commission has released its 2008/09 draft determinations on the: cost of the Telecommunications Relay Service (TRS) for the hearing impaired; and the proportion of the cost to be met by each party liable to contribute to the cost of the TRS and ... More >>
Proceedings against Telecom over loyalty offers
Friday, 6 November 2009, 10:38 am | Commerce Commission
The Commerce Commission is issuing proceedings alleging that three separate loyalty offers made by Telecom Corporation of New Zealand Limited’s Wholesale business unit between December 2008 and July 2009 are likely to have breached its obligation ... More >>
Merger and acquisitions guidelines
Friday, 30 October 2009, 4:31 pm | Commerce Commission
The Commerce Commission today released guidelines on how applications for mergers and acquisitions involving the ‘failing firm’ argument will be treated. The guidelines are designed to assist businesses and their legal representatives by explaining how ... More >>
Comm Comm grants exemption to Marko Bogoievski
Thursday, 29 October 2009, 10:05 am | Commerce Commission
The Commerce Commission has granted Marko Bogoievski an exemption under the Electricity Industry Reform Act 1998 (EIR Act) in relation to his potential appointment to the board of Auckland International Airport Limited (AIAL), an electricity lines business, ... More >>
