Scoop has an Ethical Paywall
Scoop InfoPages
This InfoPage in unregistered, if this is your news page register Commerce Commission for InfoPages here.
Commerce Commission - Latest News [Page 104]
Transpower request to amend settlement declined
Monday, 22 June 2009, 10:24 am | Commerce Commission
The Commerce Commission has declined a request from Transpower that the Commission amend the administrative settlement it reached with Transpower last year. Transpower sought an amendment to the settlement in order to remove its exposure to instantaneous ... More >>
Draft guidelines on estimating the cost of capital
Friday, 19 June 2009, 11:01 am | Commerce Commission
Estimating the cost of capital is an important part of the Commission’s work under Part 4 of the Commerce Act 1986, the Dairy Industry Restructuring Act 2001 and the Telecommunications Act 2001. It is a key component in assessing whether a regulated ... More >>
Discussion documents on Part 4 of the Commerce Act
Friday, 19 June 2009, 10:54 am | Commerce Commission
The Commerce Commission has today released three key discussion documents relating to regulation under Part 4 of the Commerce Act. This represents a significant step forward in the implementation of the Part 4 requirements of the Commerce Act. In ... More >>
Appointment of new Commissioners welcomed
Thursday, 18 June 2009, 5:10 pm | Commerce Commission
The Chair of the Commerce Commission Dr Mark Berry said he welcomes the appointment of two new Commissioners to assist with the competition agency's high workload. More >>
Commerce Commission issues sub-loop decision
Thursday, 18 June 2009, 9:58 am | Commerce Commission
The Commerce Commission has today released its decision on the price and non-price terms on which Telecom must make the unbundled sub-loop services available to other telecommunications providers. Telecom is currently in the process of deploying 3,600 ... More >>
Fullers applies for clearance to aquire Kiwi Kat
Tuesday, 9 June 2009, 2:26 pm | Commerce Commission
The Commerce Commission has received an application from Fullers Group Limited seeking clearance in relation to the proposed acquisition of most of the assets of 360 Discovery, operated by Kiwi Kat Limited. Both Fullers Group Limited and Kiwi Kat Limited own ... More >>
Assembled in NZ not enough to claim ‘NZ Made'
Monday, 8 June 2009, 1:48 pm | Commerce Commission
Another New Zealand office furniture company has been fined for breaching the Fair Trading Act for claiming in advertising brochures that two models of office chairs were made in New Zealand. Auckland based Eden Office Seating pleaded guilty to three ... More >>
Commerce Comm enables streamlined authorisation
Monday, 8 June 2009, 10:23 am | Commerce Commission
Following public consultation, the Commerce Commission has developed a new streamlined authorisation process. This process has been designed to enable faster decisions for straightforward authorisation applications that have clear public benefits and ... More >>
Final Ruling In Fonterra Dispute
Friday, 5 June 2009, 2:23 pm | Commerce Commission
The Commerce Commission has released its final determination regarding disputes between Fonterra Co-operative Group Limited and both Kaimai Cheese Company Limited and The Grate Kiwi Cheese Company Limited. More >>
Comm Comm will not appeal Avanti Finance decision
Friday, 29 May 2009, 3:10 pm | Commerce Commission
The Commerce Commission has decided that it will not appeal against the recent decision of the High Court in Commerce Commission v Avanti Finance Limited. The case related to the fee on full prepayment (or break fee) that Avanti charged to debtors who repaid ... More >>
Medical Mortgages Limited settles with Comm Comm
Thursday, 28 May 2009, 10:22 am | Commerce Commission
The Commerce Commission has settled with a company that specialises in providing finance to medical professionals over the incorrect calculation of mortgage break fees. In the settlement, Medical Mortgages Limited admits breaching the Fair Trading ... More >>
Schering-Plough applies to merge with Merck
Friday, 22 May 2009, 5:21 pm | Commerce Commission
The Commerce Commission has received an application from Schering-Plough Corporation seeking clearance in relation to the proposed merger between Schering-Plough Corporation and Merck & Co., Inc. Schering-Plough Corporation operates in New Zealand through ... More >>
Electricity Cos have not breached the Commerce Act
Thursday, 21 May 2009, 11:02 am | Commerce Commission
The Commerce Commission has concluded its principal investigation into whether any participants in the wholesale or retail electricity markets may have breached Part 2 of the Commerce Act. The Commission has found no evidence of breaches of the Act, ... More >>
Comm Comm finalises review of backhaul services
Friday, 1 May 2009, 9:48 am | Commerce Commission
The Commerce Commission today finalised its first review of backhaul services. Backhaul is the final link connecting competitors’ networks to Telecom's local loop, so those competitors can provide services such as landlines and broadband to consumers. ... More >>
Update on bank break fees investigation
Thursday, 30 April 2009, 11:15 am | Commerce Commission
The Commerce Commission has completed the first part of its investigation into banks' break fees. A break fee, or prepayment fee, is a fee charged by a creditor to recover its loss when a customer repays their loan early. The Commission has been investigating ... More >>
Telco market monitoring report for 2008
Tuesday, 14 April 2009, 10:39 am | Commerce Commission
The Commerce Commission has released its 2008 telecommunications monitoring report analysing the state of New Zealand telecommunications markets. Telecommunications Branch Director Osmond Borthwick said the report shows that there were signs of increasing ... More >>
Ensuring continuity of telco decisions
Thursday, 2 April 2009, 9:44 am | Commerce Commission
Plans have been put in place at the Commerce Commission to ensure continuity of the large workload of telecommunications decisions, during a period of transition. The new Chair Dr Mark Berry has asked Paula Rebstock to remain in her role as a member ... More >>
Commerce Commission Issues Draft Guidelines
Wednesday, 1 April 2009, 11:20 am | Commerce Commission
The Commerce Commission has today released draft guidelines which inform creditors and consumers about the Commission’s approach to enforcing the fees provisions under the Credit Contracts and Consumer Finance Act. The Commission is consulting ... More >>
Schindler Lifts warned over alleged bid-rigging
Wednesday, 1 April 2009, 10:08 am | Commerce Commission
The Commerce Commission has issued formal warnings to Schindler Lifts New Zealand Limited (Schindler) and one current and one former employee for participating in a longstanding cartel arrangement which shared elevator installation contracts in ... More >>
Quarterly report on broadband quality
Wednesday, 1 April 2009, 9:37 am | Commerce Commission
The Epitiro/IDC report on New Zealand broadband quality for the December 2008 quarter has been released. The report examines the quality of broadband services provided by New Zealand’s internet service providers (ISPs) as measured by Epitiro from ... More >>
