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Commerce Commission - Latest News [Page 102]
Fair Trading Act charges laid against Vodafone
Friday, 23 October 2009, 2:51 pm | Commerce Commission
The Commerce Commission has laid charges against Vodafone for alleged breaches of the Fair Trading Act 1986 in relation to various broadband and mobile phone promotions. More >>
Auckland importer warned by Commerce Commiss
Thursday, 22 October 2009, 10:25 am | Commerce Commission
An Auckland-based importer has been warned by the Commerce Commission that a toy tool set imported from China and sold in budget variety stores may have breached an unsafe goods notice relating to levels of lead in children’s toys. Anyone in ... More >>
Franchise prosecution welcomed
Friday, 16 October 2009, 5:17 pm | Commerce Commission
The Commerce Commission has welcomed the conviction and sentencing today of Stewart John Brown and Robert Llewelyn Parr. Mr Brown and Mr Parr both pleaded guilty to Crimes Act charges of obtaining by false pretences and obtaining by deception in ... More >>
Electricity co fined for misleading bill review
Friday, 16 October 2009, 10:03 am | Commerce Commission
An energy company has pleaded guilty to breaching the Fair Trading Act and has been fined $17,000 in the Tauranga District Court on Wednesday. TrustPower, an electricity generator and retailer, was fined for misleading its customers about the nature of ... More >>
Telecom blocked competition in data transmission
Wednesday, 14 October 2009, 10:50 am | Commerce Commission
The High Court has found that Telecom (Telecom Corporation of New Zealand and Telecom New Zealand Limited) used its substantial market power to prevent and deter competition in markets involving high-speed data transmission. The Commerce Commission claimed ... More >>
Telecom TSO cost calculation for '06/07: Comm Comm
Wednesday, 7 October 2009, 10:44 am | Commerce Commission
The Commerce Commission has released its telecommunication service obligations (TSO) determination covering the 2006/07 year for Telecom’s local residential telephone service. The final TSO cost is $61.36 million for 2006/07. The final TSO cost has ... More >>
Telecom TSO cost calculation for '07/08: Comm Comm
Wednesday, 7 October 2009, 10:42 am | Commerce Commission
The Commerce Commission has released its telecommunication service obligations (TSO) determination covering the 2007/08 year for Telecom’s local residential telephone service. The final TSO cost is $72.1 million. The final TSO cost has increased from ... More >>
ComCom receives application for EIR Act exemption
Monday, 28 September 2009, 5:05 pm | Commerce Commission
The Commerce Commission has received an application from Marko Bogoievski seeking exemption from section 17 of the Electricity Industry Reform Act 1998 (EIR Act) in relation to his nomination as Infratil Limited’s alternate director of Auckland ... More >>
Commerce Commission to investigate resale services
Friday, 25 September 2009, 11:14 am | Commerce Commission
The Commerce Commission today announced that it will commence an investigation into whether the services Telecom Corporation of New Zealand provides to other telecommunications companies to be resold should be deregulated. Retail services such as Homeline are ... More >>
Broadband Quality Report Released
Wednesday, 23 September 2009, 11:29 am | Commerce Commission
The Commerce Commission has released its report on New Zealand broadband quality for the three months to June 2009. The report examines the quality of broadband services provided by New Zealand’s internet service providers (ISPs). The data has been ... More >>
Telecom complies with Telco Service Obligations
Friday, 18 September 2009, 10:25 am | Commerce Commission
The Commerce Commission has advised the Minister for Communications and Information Technology that Telecom Corporation of New Zealand Limited has complied with all its Telecommunications Service Obligations (TSO) quality measures for the 2008/09 ... More >>
Commerce Comm: Electricity Distribution Businesses
Tuesday, 8 September 2009, 10:06 am | Commerce Commission
The Commerce Commission has today released its draft decisions paper on the default price-quality paths to apply to electricity distribution businesses from 1 April 2010. This is the fourth paper released for consultation by the Commission as part ... More >>
CommComm: draft revised leniency policy on cartels
Thursday, 3 September 2009, 11:47 am | Commerce Commission
The Commerce Commission is seeking feedback from interested parties on its draft revised leniency policy on cartels. Sections 27 and 30 of the Commerce Act 1986 prohibit agreements between competitors that substantially lessen competition in a market. ... More >>
Commerce Commission To Appeal To Supreme Court
Wednesday, 2 September 2009, 9:38 am | Commerce Commission
The Commerce Commission will seek leave to appeal to the Supreme Court in its case against Telecom Corporation of New Zealand Limited (Telecom) over Telecom’s introduction of the 0867 dial-up prefix in 1999. More >>
Comm Comm investigates Telecom loyalty offers
Monday, 31 August 2009, 10:03 am | Commerce Commission
The Commerce Commission announced today that it has launched an investigation into an alleged breach of the Separation Undertakings by Telecom’s Wholesale business unit. This decision follows receipt of the Independent Oversight Group’s (IOG) ... More >>
Guilty Plea To Breach Of Fair Trading Act
Thursday, 27 August 2009, 12:56 pm | Commerce Commission
Three South Island companies involved in a scheme which misled people into believing that they were buying their own homes pleaded guilty to breaching the Fair Trading Act in the Invercargill District Court on 24 August. More >>
Frucor Beverages cleared to acquire SimplySqueezed
Tuesday, 25 August 2009, 1:21 pm | Commerce Commission
The Commerce Commission has cleared Frucor Beverages Limited (Frucor) to acquire Simply Squeezed Holdings Ltd and/or Brownlie Brothers Ltd (Simply Squeezed). Commerce Commission Chair Dr Mark Berry said that the Commission was satisfied that the proposed ... More >>
Commerce Commission and MasterCard agree to settle
Monday, 24 August 2009, 1:28 pm | Commerce Commission
The Commerce Commission and MasterCard International Incorporated (MasterCard) have signed an agreement settling the Commission’s claims that MasterCard’s credit card scheme rules providing for the payment of multilateral interchange fees, together ... More >>
Schering-Plough granted clearance to merge
Thursday, 20 August 2009, 4:21 pm | Commerce Commission
The Commerce Commission has granted clearance to Schering-Plough Corporation in respect of the proposed merger between Schering-Plough Corporation and Merck & Co., Inc. Commerce Commission Chair, Dr Mark Berry, said the Commission was satisfied that ... More >>
Pfizer granted clearance to acquire Wyeth
Thursday, 20 August 2009, 3:38 pm | Commerce Commission
The Commerce Commission has granted clearance for Pfizer Inc. to acquire Wyeth Corporation. Commerce Commission Chair, Dr Mark Berry, said the Commission was satisfied that the proposed acquisition will not have, or would not be likely to have, the effect ... More >>
