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Commerce Commission - Latest News [Page 112]
Finance company to refund 1200 customers
Friday, 15 February 2008, 10:06 am | Commerce Commission
Allied Nationwide Finance Limited has agreed to refund more than 1200 customers after they were charged an unreasonable fee for repaying their loans early. More >>
Next step underway for mobile co-location terms
Friday, 15 February 2008, 9:39 am | Commerce Commission
On 8 February 2008, the Commerce Commission issued a notice to Vodafone to prepare a standard terms proposal for mobile co-location. This proposal will specify the non-price terms and conditions on which the co-location should be available to mobile ... More >>
Air Liquide cleared to acquire ASCOGAS
Thursday, 14 February 2008, 9:39 am | Commerce Commission
The Commerce Commission has cleared Air Liquide to acquire all the shares of ASCOGAS. Commission Chair Paula Rebstock said that the Commission was satisfied that the proposed acquisition would not have the effect or likely effect of substantially lessening ... More >>
NZIHapplies for RX Plastics clearance
Wednesday, 13 February 2008, 10:47 am | Commerce Commission
The Commerce Commission has received an application from New Zealand Investment Holdings Limited (NZIH) seeking clearance to acquire 100% of the shares, or assets and business, of RX Plastics Limited. More >>
Fines in NZ's biggest cartel case over $7.5m
Wednesday, 13 February 2008, 10:19 am | Commerce Commission
New Zealand’s largest cartel case to date has resulted in further heavy penalties for companies and individuals involved in the cartel in the timber preservatives industry. More >>
Cancer society asked to provide sunscreen results
Monday, 11 February 2008, 4:50 pm | Commerce Commission
The Commerce Commission has asked the Cancer Society for information about the alleged failure of one its sunscreen products, and what the society is doing about the problem. More >>
Draft terms for local loop and bitstream backhaul
Friday, 8 February 2008, 9:52 am | Commerce Commission
The Commerce Commission has today released draft determinations on the price and non-price terms for the backhaul services that support the unbundled copper local loop (UCLL) and unbundled bitstream (UBA) broadband services. More >>
Guidelines Issued For Complaints Procedures
Friday, 1 February 2008, 1:59 pm | Commerce Commission
The Commerce Commission has today issued guidelines on how the Commission addresses issues or complaints that relate to competition concerns in the telecommunications market. The Commission enforces Part 2 of the Commerce Act, which relates to restrictive ... More >>
Telecom to be prosecuted over Go Large promotion
Friday, 1 February 2008, 1:10 pm | Commerce Commission
The Commerce Commission has decided to prosecute Telecom and its subsidiary Xtra for alleged breaches of the Fair Trading Act, in relation to the Go Large broadband promotion. More >>
Commission welcomes leave to appeal judgment
Thursday, 31 January 2008, 6:34 pm | Commerce Commission
The Commerce Commission has welcomed today’s decision by Justice Mallon at the High Court in Wellington to grant leave to appeal her earlier Warehouse decision to the Court of Appeal. More >>
When a sale is not a sale
Tuesday, 22 January 2008, 11:22 am | Commerce Commission
Retailers are reminded that advertising sale prices that are no cheaper than every day prices can put them in breach of the Fair Trading Act. The reminder comes with the sentencing yesterday in the Christchurch District Court of a bed retailer for ... More >>
Commission Closes Investigation Into Telecom
Friday, 21 December 2007, 5:35 pm | Commerce Commission
The Commerce Commission has today closed its investigation into allegations that Telecom had squeezed the margins of its competitors, through bundling and a price discount, and affected their ability to compete, in breach of the Commerce Act 1986. More >>
Final TRS Determinations released
Friday, 21 December 2007, 10:52 am | Commerce Commission
allocation of the cost of Telecommunications Service Obligations (TSO) for local residential telephone service and for the TRS. More >>
Co-location On Cellular Transmission Sites
Friday, 21 December 2007, 10:14 am | Commerce Commission
The Commission has today launched a standard terms development process to determine the non-price elements of co-location of a mobile operators equipment on another operator’s transmission site. Co-location allows the mobile equipment of a network ... More >>
Sub-loop Related Services
Friday, 21 December 2007, 9:49 am | Commerce Commission
The Commission has initiated standard terms determination (STD) processes for the following sub-loop related services: More >>
Commission clarifies Number Portability
Thursday, 20 December 2007, 3:27 pm | Commerce Commission
In a decision released today, the Commission has clarified the Local and Cellular Telephone Number Portability Determination issued 31 August 2005, to confirm that pre-paid mobile services are covered under the terms of the original Determination. More >>
Pacific Radiology acquisition cleared
Thursday, 20 December 2007, 3:00 pm | Commerce Commission
The Commerce Commission has cleared Pacific Radiology Limited to acquire all the assets of Wellington Radiology Limited. More >>
A & R Whitcoulls Cleared to Acquire Borders NZ
Thursday, 20 December 2007, 1:20 pm | Commerce Commission
Reasons for A & R Whitcoulls Cleared to Acquire Borders New Zealand The Commerce Commission has released its reasons for granting clearance to A & R Whitcoulls (ARW) to acquire 100 % of the shares in Borders New Zealand. The Commission’s reasons ... More >>
Hotel Chain Guilty Of Eight Breaches Of Fair Trade
Thursday, 20 December 2007, 12:38 am | Commerce Commission
A hotel chain has pleaded guilty to eight charges of breaching the Fair Trading Act in a case that reinforces to businesses that advertising "conditions apply" is not sufficient to avoid misleading consumers where the main message of the advertising ... More >>
Court grants interim stay on Warehouse judgment
Wednesday, 19 December 2007, 5:32 pm | Commerce Commission
The High Court in Wellington has granted the Commerce Commission an interim stay of the High Court's judgment, which cleared the way for the three Foodstuffs co-operatives or Woolworths Ltd to acquire up to 100% shares in, or assets of, The Warehouse Group ... More >>
