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Commerce Commission - Latest News [Page 116]
Commerce Commission Clears TTS To Aquire Assets
Thursday, 16 August 2007, 10:12 am | Commerce Commission
The Commerce Commission has cleared Transpacific Technical Services (NZ) Limited (TTS), or a wholly-owned subsidiary of TTS, to acquire the assets and businesses of Medi-Chem Waste Services Limited (Medi-Chem) that relate to the collection, treatment ... More >>
Auckland Credit Providers Given Warning
Thursday, 16 August 2007, 12:36 am | Commerce Commission
The Commerce Commission has warned six south Auckland credit providers, and will prosecute a seventh, for allegedly failing to provide important information to customers taking out personal loans. Adequate disclosure is required under the Credit Contracts ... More >>
Application To Aquire Medi-Chem Assets Withdrawn
Wednesday, 15 August 2007, 11:32 am | Commerce Commission
Transpacific Technical Services (NZ) Limited (TTS) has withdrawn its section 66 clearance application to acquire the assets and businesses of Medi-Chem Waste Services Limited (Medi-Chem). More >>
Truck 'shops' warned on credit law
Friday, 10 August 2007, 10:07 am | Commerce Commission
The Commerce Commission has warned four companies operating mobile shops in the North Island that they may be breaching the Credit Contracts and Consumer Finance Act (CCCF Act) by not disclosing important information to customers. More >>
NZ Post, Salmat Apply to Form Joint Venture
Thursday, 9 August 2007, 9:51 am | Commerce Commission
The Commerce Commission has received an application from New Zealand Post Limited (NZ Post) and from Salmat International Pty Limited (Salmat) to merge their respective unaddressed mail delivery operations. More >>
Ezibuy’s throws not pure mohair
Wednesday, 8 August 2007, 12:56 am | Commerce Commission
In a settlement reached with the Commerce Commission, Ezibuy has admitted that it has breached the Fair Trading Act by incorrectly advertising and selling an acrylic/mohair throw as a ‘mohair throw’ with ‘pure mohair pile’. More >>
Southern Cross, QE Health apply for joint venture
Friday, 3 August 2007, 5:11 pm | Commerce Commission
The Commerce Commission has received an application from Southern Cross Health Trust and from QE Health Hospital Limited seeking clearance to merge their respective private hospital operations in Rotorua. More >>
Draft report on mobile roaming, co-location
Friday, 3 August 2007, 9:30 am | Commerce Commission
The Commerce Commission has issued its draft recommendations on whether to amend the roaming and co-location services currently regulated under the Telecommunications Act, or accept an undertaking from Vodafone as a suitable alternative to amending ... More >>
Thirty seven customers refunded
Thursday, 2 August 2007, 12:28 am | Commerce Commission
In a settlement reached with the Commerce Commission, Blenheim car dealer The Motor Centre will refund 37 customers a total of $1,039 after it failed to give them the right information when they borrowed money to buy cars. More >>
Thousands Of Gilrose Finance Customers Recompensed
Thursday, 2 August 2007, 12:25 am | Commerce Commission
In a settlement reached with the Commerce Commission, Gilrose Finance Limited will return over $50,000 to 2,303 customers affected by breaches of the Credit Contract and Consumer Finance Act. More >>
Cooperation Agreement Reflects Closer Relationship
Wednesday, 1 August 2007, 10:47 am | Commerce Commission
New Zealand's Commerce Commission has signed a cooperation agreement with the Australian Competition and Consumer Commission that will make it easier for the two commissions to coordinate activities. More >>
Draft Determinations for Unbundled Local Loop
Tuesday, 31 July 2007, 9:47 am | Commerce Commission
The Commerce Commission has issued its draft determinations on the price and non-price terms on which Telecom must make unbundled copper local loop and co-location regulated services available to other telecommunications providers. These are the services ... More >>
Warehouse latest to refund hidden credit card fees
Thursday, 26 July 2007, 11:52 am | Commerce Commission
The Commerce Commission has reached a settlement with The Warehouse Financial Services Limited which will see the company refund $120,000 to customers who paid hidden foreign exchange fees on the company's Value or Merit MasterCard cards. More >>
Proposal from Telecom for Bitstream Access
Friday, 13 July 2007, 1:18 pm | Commerce Commission
The Commerce Commission has received the proposal from Telecom covering the non-price terms for Unbundled Bitstream Access (UBA) Standard Terms Determination (STD). Submissions on Telecom's proposals are sought from interested parties. The closing date for these ... More >>
Schering-Plough - clearance to acquire Organon Bio
Wednesday, 11 July 2007, 1:39 pm | Commerce Commission
The Commerce Commission has received an application from Schering-Plough Corporation (Schering-Plough) seeking clearance to acquire 100% of the shares in, or assets of, Organon BioSciences N.V.(Organon BS). In New Zealand, Organon BS operates as Intervet ... More >>
New bitstream access price for CallPlus and ihug
Wednesday, 11 July 2007, 10:07 am | Commerce Commission
The Commerce Commission has amended its Decision 582, which set the terms on which Telecom is required to provide a wholesale bitstream service to internet service providers CallPlus and ihug. More >>
Draft Telecom TSO cost calculation
Monday, 9 July 2007, 10:44 am | Commerce Commission
The Commerce Commission today released draft telecommunication service obligations (TSO) determinations for the 2004/05 and 2005/06 years. More >>
Used car dealers fined for not displaying info
Monday, 9 July 2007, 10:05 am | Commerce Commission
Six car dealers in the lower North Island have paid a total of $10,940 in fines and court costs after failing to display Supplier Information Notices or SIN cards on used cars for sale. More >>
Reasons for decline of Transpacific's acquisition
Friday, 29 June 2007, 3:40 pm | Commerce Commission
The Commerce Commission has published its reasons for declining to grant clearance for Transpacific Industries to acquire the South Island assets and businesses of EnviroWaste Services and up to 50% of the shares in Manawatu Waste. More >>
Christchurch retailer fined over unsafe toy
Thursday, 21 June 2007, 4:54 pm | Commerce Commission
A retailer has been fined $12,000 over unsafe wooden toys sold by Notty Horse Wooden Toys in Christchurch’s South City Mall. He was also required to pay $1,150 in costs to the Commission. More >>
