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Commerce Commission - Latest News [Page 105]
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 >>
Commission issues warning to Real Estate Network
Tuesday, 31 March 2009, 11:42 am | Commerce Commission
The Commerce Commission has warned the Real Estate Network Limited (REN) that it and its members risk breaching the Commerce Act. REN is a cooperative company representing approximately 95 per cent of licensed residential real estate agents in and around ... More >>
Streamlined authorisation process guidelines
Monday, 30 March 2009, 3:16 pm | Commerce Commission
The Commerce Commission has developed a new streamlined authorisation process that will enable faster decisions on certain authorisation applications. This should result in more timely and cost-effective decisions by businesses. The streamlined process ... More >>
Decision on natl roaming investigation deferred
Monday, 30 March 2009, 10:06 am | Commerce Commission
The Commerce Commission today announced that it is deferring its decision on whether to investigate extending the regulation of the national mobile roaming service to include price. The Commission has been considering whether there are reasonable grounds ... More >>
Commission files waste oil domestic cartel case
Friday, 27 March 2009, 5:04 pm | Commerce Commission
The Commerce Commission has today filed proceedings in the High Court in Auckland alleging the collusive fixing of prices in the waste oil industry. The Commission began investigating the waste oil industry in 2006 following an approach by a whistleblower. ... More >>
Raise your IQ by being an informed consumer
Friday, 27 March 2009, 11:48 am | Commerce Commission
onsumers who respond to online IQ tests and love compatibility tests should be sure they have read the fine print. The Commerce Commission has received a number of complaints about text subscription services that originate from such websites. The usual scenario ... More >>
Accounting Separation Of Telecom
Thursday, 26 March 2009, 9:19 am | Commerce Commission
Under the requirements, Telecom must publish financial and other information about its retail, wholesale and network business activities. This information will be publicly available and is designed to inform a wide range of people about the operation and ... More >>
Kaimai and Grate Kiwi dispute with Fonterra
Thursday, 19 March 2009, 4:06 pm | Commerce Commission
The Commerce Commission has released a consultation document regarding disputes between Fonterra Co-operative Group Limited and both Kaimai Cheese Company Limited and The Grate Kiwi Cheese Company Limited. More >>
Commerce Commission welcomes ruling
Thursday, 19 March 2009, 10:03 am | Commerce Commission
The Commerce Commission welcomes a Court of Appeal ruling today confirming the New Zealand Courts’ jurisdiction over overseas residents alleged to have breached the Commerce Act. More >>
Draft review of backhaul services released
Thursday, 19 March 2009, 9:49 am | Commerce Commission
The Commerce Commission today released a draft report on backhaul services. Backhaul is the final link connecting competitors to Telecom's local loop, so those companies can provide services such as landlines and broadband to households. More >>
Commerce Commission – New Chair
Monday, 16 March 2009, 5:06 pm | Commerce Commission
The Commerce Commission welcomes the announcement today, by Commerce Minister Simon Power, of the appointment of a new Chair, Dr Mark Berry. More >>
Curtin welcomes return to Commerce Commission
Thursday, 12 March 2009, 12:46 pm | Commerce Commission
Donal Curtin has welcomed the decision by Commerce Minister Simon Power agreeing to his continuing as a member of the Commerce Commission. “I believe my resignation of the Deputy Chair was the right thing to do as I appreciate that the Minister’s ... More >>
