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Commerce Commission - Latest News [Page 103]
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 >>
Commerce Commission confirms confidentiality order
Friday, 14 August 2009, 10:11 am | Commerce Commission
Commerce Commission confirms confidentiality order The Commerce Commission confirmed today that protection for confidential information under a confidentiality order in relation to commercial interconnection agreements provided by telecommunications ... More >>
Pawnbroker admits breech of the Fair Trading Act
Tuesday, 11 August 2009, 11:39 am | Commerce Commission
The Commerce Commission has settled with an Invercargill based pawnbroker over breaches of the Credit Contracts and Consumer Finance Act (CCCF Act) and the Fair Trading Act. A Commission investigation into The Pawn Shop identified that payday loan and ... More >>
Commerce Commission warns of potential breach
Thursday, 6 August 2009, 10:00 am | Commerce Commission
Information contained in a National Business Review article entitled Revealed: Vodafone's secret deal with 2degrees potentially breached a Commerce Commission confidentiality order and section 100 of the Commerce Act. More >>
Court of Appeal decision under scrutiny
Tuesday, 4 August 2009, 11:59 am | Commerce Commission
The Commerce Commission is studying a decision by the Court of Appeal, released today, in a case brought by the Commerce Commission against Telecom Corporation of New Zealand Limited (Telecom) under section 36 of the Commerce Act. More >>
Draft guidelines for telecommunications sector
Friday, 31 July 2009, 9:06 am | Commerce Commission
The Commerce Commission has released draft guidelines to provide greater clarity for the telecommunications industry on how the Commission exercises its powers and functions under the Telecommunications Act. The guidelines set out the key factors ... More >>
Commerce Commission Releases Discussion Document
Wednesday, 29 July 2009, 9:40 am | Commerce Commission
The Commerce Commission has today released a discussion document which forms the first step in a consultation process to develop information disclosure requirements for the suppliers of regulated electricity lines, gas pipelines and specified airport ... More >>
Guidelines on carbon claims & Fair Trading Act out
Friday, 24 July 2009, 3:05 pm | Commerce Commission
The Commerce Commission has today released guidelines which inform businesses about their obligations surrounding carbon offset and neutrality claims and how they are affected by the Fair Trading Act. “These carbon claim guidelines will supplement ... More >>
Breach of Fair Trading Act
Friday, 24 July 2009, 2:04 pm | Commerce Commission
A Palmerston North man has pleaded guilty to breaching the Fair Trading Act by misleading consumers about the nature of a charity shop. He was ordered yesterday by the Palmerston District Court to pay $10,000 in reparation to two women’s refuges. More >>
Judge Confirms Wings And Wheels Ticket Decision
Wednesday, 22 July 2009, 2:53 pm | Commerce Commission
A judge in the Auckland High Court confirmed yesterday that the money paid for tickets to the postponed airshow Wings and Wheels over Waikato was being held on trust by the airshow’s organisers and that the money should be used to pay refunds to entitled ... More >>
Yan fruit "juice" products voluntarily recalled
Monday, 20 July 2009, 12:56 pm | Commerce Commission
A distributor of a range of imported products marketed as fruit juice has agreed to recall all their products after tests as part of a Commerce Commission investigation found that at least two of the products had inaccurate labels. More >>
Commerce Commission takes action against juice co.
Friday, 17 July 2009, 12:06 pm | Commerce Commission
The Commerce Commission has concluded an investigation into the promotion and labelling of juice products by Brownlie Brothers Limited trading as Simply Squeezed, a juice manufacturing and distribution company. As a result of the investigation the Commission ... More >>
