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Commerce Commission - Latest News [Page 102]
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 >>
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 >>
