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Commerce Commission - Latest News [Page 116]
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 >>
Promoter fined over 'free' flights to Gold Coast
Wednesday, 20 June 2007, 11:30 am | Commerce Commission
A man who promoted 'free' flights deals to businesses has been fined $6,000 on a representative charge of breaching the Fair Trading Act. More >>
Furniture trader fined over 'sale' that wasn't
Tuesday, 19 June 2007, 3:55 pm | Commerce Commission
An Auckland leather furniture company has been fined a total of $36,000 over misleading claims about the 'sale' price of furniture. In the Auckland District Court today, 230 Marua Limited was found guilty on six charges of breaching the Fair Trading Act ... More >>
Next step underway for local loop backhaul
Tuesday, 19 June 2007, 2:29 pm | Commerce Commission
The Commerce Commission today issued notices requiring Telecom to submit standard terms proposals for the two backhaul services necessary to support local loop (LLU) and bitstream access. More >>
Proposals from Telecom for Unbundling, Co-location
Friday, 15 June 2007, 10:14 am | Commerce Commission
The Commerce Commission has received proposals from Telecom covering the non-price terms for the unbundled local loop and co-location regulated services. Submissions on Telecom’s proposals are sought from interested parties. The closing date for ... More >>
Applications from Foodstuffs, Woolworths declined
Friday, 8 June 2007, 10:47 am | Commerce Commission
The Commerce Commission has declined to grant clearance to Foodstuffs and declined to grant clearance to Woolworths Limited for either of them to acquire up to 100% of the shares in The Warehouse Group Limited. More >>
Commission Sticks to Timeframe for Unbundled Loop
Friday, 8 June 2007, 10:33 am | Commerce Commission
The Commerce Commission has reaffirmed its current timetable to develop regulated unbundled local loop and co-location services. On Tuesday (5 June) Telecom requested a delay in the timeframe to provide its first standard terms proposals due on 12 ... More >>
$272,500 for deceptive claims about fertiliser
Friday, 1 June 2007, 1:48 pm | Commerce Commission
A fertiliser sold under the brand name Probitas did not offer the benefits claimed. The company Probitas Ltd has been fined $200,000 and man who sold it $60,000, in the Tauranga District Court for misleading the public. They have also been ordered ... More >>
Windfarm Application
Friday, 1 June 2007, 10:50 am | Commerce Commission
The Commerce Commission has received an application from Vector Limited, seeking exemption from section 17 of the Electricity Industry Reform Act 1998 in relation to its involvement in the proposed development of the Te Rere Hau wind farm situated ... More >>
Court decision promotes competition with Fonterra
Thursday, 31 May 2007, 11:56 am | Commerce Commission
In a decision issued yesterday, the Supreme Court has affirmed the Commerce Commission’s view on the way that Fonterra should calculate the default milk price. The default milk price is the price at which independent dairy processors can require Fonterra ... More >>
