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Commerce Commission - Latest News [Page 113]
Admission Saves Kiwibank & NZPost From Prosecution
Wednesday, 19 December 2007, 2:21 pm | Commerce Commission
Kiwibank and New Zealand Post have reached a settlement with the Commerce Commission in relation to a breach of the Fair Trading Act 1986 over a failure to adequately disclose overseas currency conversion fees in on-line customer statements for Prezzy ... More >>
Commission Seeks To Appeal Warehouse Decision
Tuesday, 18 December 2007, 9:46 am | Commerce Commission
The Commerce Commission is seeking leave to appeal the High Court's decision 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 Ltd. More >>
Commerce Commission Seeks Views On Vector Offer
Friday, 14 December 2007, 11:26 am | Commerce Commission
The Commerce Commission is seeking the views of interested parties on the voluntary offer put forward by Vector as an alternative to regulatory control being imposed. More >>
Air Liquide NZ Ltd applies to acquire ASCOGAS Ltd
Friday, 14 December 2007, 10:21 am | Commerce Commission
The Commerce Commission has received an application from Air Liquide New Zealand Limited (Air Liquide) seeking clearance to acquire 100 % of the shares in ASCOGAS Limited (ASCOGAS). More >>
Final report on regulation of co-location services
Friday, 14 December 2007, 9:59 am | Commerce Commission
The Commerce Commission has issued its final recommendation to the Minister of Communications on the regulation of mobile co-location services on cellular transmission sites. More >>
Final determinations for unbundled bitstream acces
Thursday, 13 December 2007, 9:25 am | Commerce Commission
The Commerce Commission has issued its final determination on the price and non-price terms on which Telecom must make the unbundled bitstream access (UBA) service available to other telecommunications providers. More >>
"Buyer enquiry over" should not mislead
Wednesday, 12 December 2007, 5:10 pm | Commerce Commission
The Commerce Commission says real estate agents need to heed the warning contained in a recent court case relating to pricing practices to avoid breaching the Fair Trading Act. More >>
West Auckland pawn broker ordered to repay loans
Tuesday, 11 December 2007, 11:04 am | Commerce Commission
Loan customers described by a Judge as some of the "more vulnerable and desperate members of society" are to get a partial refund from a pawn broker after a successful prosecution by the Commerce Commission. More >>
Second Convictions For Probitas Fertiliser
Friday, 7 December 2007, 11:50 am | Commerce Commission
Second Convictions For False And Misleading Claims About Probitas Fertiliser A Waihi-based company that makes a fertiliser product has been convicted and fined for a second time for making misleading claims under the Fair Trading Act. More >>
The Warehouse High Court decision
Thursday, 29 November 2007, 2:05 pm | Commerce Commission
The Commerce Commission is disappointed by the High Court's decision allowing the appeals of the three Foodstuffs co-operatives and Woolworths Ltd against the Commission's decision declining clearance for either party to acquire up to 100% shares in, or ... More >>
Court injunction against Discount Premium Holidays
Wednesday, 28 November 2007, 5:31 pm | Commerce Commission
A group of companies that has been telemarketing discount travel memberships and vouchers has been ordered to stop breaching the Fair Trading Act, as a result of an injunction sought by the Commerce Commission. More >>
Sumitomo Forestry: Carter Holt Harvey
Wednesday, 28 November 2007, 5:08 pm | Commerce Commission
The Commerce Commission has received an application from Sumitomo Forestry Co Limited seeking clearance to acquire all of the medium density fibre board (MDF) assets and business operations of Carter Holt Harvey Limited (Building Supplies Division) situated ... More >>
ALT TV settles with Commerce Commission
Monday, 26 November 2007, 5:05 pm | Commerce Commission
ALT TV, an independently owned television station based in Auckland, has settled with the Commerce Commission and agreed that not disclosing the cost of text messages, and misleading viewers over the nature of a prize offered in a competition, may have ... More >>
Credit Card Users Get Over $24m Back
Friday, 23 November 2007, 11:12 am | Commerce Commission
A sentencing in the Auckland District Court today has brought to a close three years of action by the Commerce Commission to expose and seek redress for undisclosed and inadequately disclosed overseas transaction fees. More >>
Legal action initiated against alleged cartel
Thursday, 22 November 2007, 2:21 pm | Commerce Commission
The Commerce Commission has filed civil proceedings in the Auckland High Court against a New Zealand company, its Australian parent company and four executives for alleged cartel behaviour in the New Zealand corrugated fibre packaging industry. More >>
Director's Discharge Without Conviction Overturned
Thursday, 22 November 2007, 11:20 am | Commerce Commission
The Commerce Commission has been successful in overturning the discharge without conviction of Naresh Shukla, Director of 230 Marua Limited, a leather furniture company. In June 2007 Naresh Shukla and his company 230 Marua each pleaded guilty in the Auckland ... More >>
Cadmus And Provenco Apply For Clearance To Merge
Thursday, 22 November 2007, 11:11 am | Commerce Commission
The Commerce Commission has received an application from Cadmus Technology Limited and Provenco Group Limited seeking clearance for a merger transaction through which Cadmus and Provenco will amalgamate pursuant to Part XIII of the Companies Act 1993. ... More >>
Reasons For Granting Clearance To Transpacific
Thursday, 22 November 2007, 9:58 am | Commerce Commission
The Commerce Commission has released its reasons for granting clearance to Transpacific Industries to acquire certain South Island solid waste collection businesses of EnviroWaste Services. The clearance was given providing Transpacific Industries divests back ... More >>
Whitcoulls Cleared to Acquire Borders
Wednesday, 21 November 2007, 10:06 am | Commerce Commission
The Commerce Commission has cleared A&R Whitcoulls Group Holdings Pty Limited (Whitcoulls) to acquire 100 % of the shares in Borders New Zealand Limited (Borders). More >>
Commission selects Epitiro to monitor broadband
Tuesday, 20 November 2007, 9:59 am | Commerce Commission
The Commerce Commission announced today it had selected Epitiro Technologies Ltd to provide data to measure the quality of the broadband services being provided in New Zealand. More >>
