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Commerce Commission - Latest News [Page 114]
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 >>
Commission Grants Exemption
Tuesday, 20 November 2007, 9:59 am | Commerce Commission
The Commerce Commission has granted Lloyd Morrison an exemption under the Electricity Industry Reform Act 1998 (the EIR Act) in relation to his potential appointment to the board of Auckland International Airport Limited (AIAL), an electricity lines ... More >>
Court of Appeal confirms NZ Bus Comm. Act Breach
Thursday, 15 November 2007, 1:43 pm | Commerce Commission
The Court of Appeal has upheld a High Court ruling that New Zealand Bus Limited (NZBL) breached section 47 of the Commerce Act, which prohibits business acquisitions that are likely to substantially lessen competition. More >>
Commerce Commission Clears Joint Venture Purchase
Thursday, 15 November 2007, 1:34 pm | Commerce Commission
The Commerce Commission has cleared Cavalier Corporation Limited and Norman Ellison Holdings Limited to form a joint venture company that will acquire the carpet businesses of Norman Ellison Holdings Limited and its subsidiaries. More >>
Commission grants exemption to The Lines Company
Friday, 2 November 2007, 11:52 am | Commerce Commission
The Commerce Commission has granted The Lines Company Limited (TLC) a limited exemption under the Electricity Industry Reform Act 1998 (the EIR Act) in relation to its proposed involvement in the development of a hydro-generation plant, located on the Waikohu ... More >>
Transpacific to acquire parts of EnviroWaste
Thursday, 1 November 2007, 9:43 am | Commerce Commission
The Commerce Commission has cleared Transpacific Industries to acquire the following business and assets of EnviroWaste Services: More >>
Draft Determinations released
Tuesday, 30 October 2007, 10:30 am | Commerce Commission
The Commerce Commission has released its 2006/07 draft determinations More >>
Geneva Finance refunds customers
Monday, 29 October 2007, 10:06 am | Commerce Commission
Geneva Finance Limited has refunded $588,114 to over 900 customers, following an out-of-court settlement with the Commerce Commission. More >>
Pacific Radiology applies for assets aquisition
Friday, 19 October 2007, 1:25 pm | Commerce Commission
The Commerce Commission has received an application from Pacific Radiology Limited seeking clearance to acquire all the assets of Wellington Radiology Limited. More >>
Diners Club guilty over currency conversion fees
Friday, 12 October 2007, 2:20 pm | Commerce Commission
Diners Club has become the eighth financial institution to plead guilty to breaching the Fair Trading Act by failing to properly disclose its currency conversion fees. More >>
Commission Proposes To Accept Settlement Offer
Friday, 5 October 2007, 11:28 am | Commerce Commission
The Commerce Commission is proposing to accept an administrative settlement offer from Transpower, instead of placing Transpower's transmission services under regulatory control. More >>
Commission Proposes Prices For Power Supply
Thursday, 4 October 2007, 2:33 pm | Commerce Commission
In its Draft Authorisation released today, the Commerce Commission is proposing to authorise prices for the supply of Powerco Limited and Vector Limited's gas distribution services which would represent reductions of 42% and 15%, respectively, if implemented. More >>
