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Commerce Commission - Latest News [Page 12]
Commerce Commission Authorises News Publishers’ Association To Collectively Bargain
Thursday, 3 November 2022, 8:41 pm | Commerce Commission
The Commerce Commission (Commission) has granted authorisation to allow the News Publishers’ Association of New Zealand Incorporated (NPA) to collectively negotiate with Meta and Google regarding the terms and conditions on which participating news ... More >>
Commission Warns Aurora It Must Continue To Address Underlying Reliability Issues
Thursday, 3 November 2022, 11:12 am | Commerce Commission
The Commerce Commission has warned power lines company Aurora Energy Limited for an excessive level of power outages in 2020. The warning relates to the last of a series of breaches of its network quality standards relating to historic underinvestment ... More >>
Central Healthcare Operations Seeks Clearance To Acquire An Ownership Interest In The Crest Hospital In Palmerston North
Thursday, 3 November 2022, 7:20 am | Commerce Commission
The Commerce Commission has received a clearance application from Central Healthcare Operations Limited seeking clearance to acquire 100% of the shares in Aorangi Hospital Limited. At present, Aorangi and Southern Cross Healthcare Limited operate the Crest ... More >>
Warnings Conclude Commission Investigation Into Cartel Conduct In NZ’s Freight Forwarding Industry
Wednesday, 2 November 2022, 2:34 pm | Commerce Commission
The Commerce Commission has issued warnings to eight international freight forwarding companies that in the Commission’s view likely entered into cartel agreements with Mondiale Freight Services Limited (Mondiale) or Oceanbridge Shipping Limited (Oceanbridge) ... More >>
Latest MBNZ Results Spotlight Performance Of Fixed Wireless And Fibre Max
Thursday, 27 October 2022, 11:11 am | Commerce Commission
The Commerce Commission’s latest Measuring Broadband New Zealand (MBNZ) report throws the spotlight on the performance of fixed wireless and Fibre Max broadband. The performance of fixed wireless – broadband delivered via wireless technologies ... More >>
Commission Seeks Feedback On Draft Telecommunications Development Levy Allocation
Wednesday, 26 October 2022, 10:12 am | Commerce Commission
The Commerce Commission has today released its draft decision on the allocation of payments for the Government’s $10.484 million Telecommunications Development Levy (TDL) for 2021/2022. The TDL is paid by providers with gross revenues in excess ... More >>
Commission Seeks Input On Draft Misuse Of Market Power Guidelines
Tuesday, 18 October 2022, 2:00 pm | Commerce Commission
The Commission has released draft Misuse of Market Power Guidelines and is seeking submissions from interested parties. The Commerce Amendment Act 2022 made changes to section 36 of the Commerce Act 1986, which is the provision dealing with misuse ... More >>
Contract Terms Found To Be Unfair And Used Irresponsibly By Mobile Trader
Thursday, 13 October 2022, 12:12 pm | Commerce Commission
Delayed delivery terms used in contracts entered into by Ace Marketing Limited (Ace), a mobile trader targeting lower socio-economic communities across the North Island, have been declared unfair by the Courts, preventing Ace from relying on the terms ... More >>
Commission Pushes For Easier Mobile And Broadband Comparisons
Wednesday, 12 October 2022, 11:42 am | Commerce Commission
The Commerce Commission is seeking feedback on proposals that would make it easier for Kiwi consumers to compare telecommunications products and providers. Telecommunications Commissioner, Tristan Gilbertson, says the difficulty of comparing plans and providers ... More >>
Garden Bag Businesses Warned Over Unrequested Goods And Services
Thursday, 6 October 2022, 12:39 pm | Commerce Commission
Five garden bag brands (Gabco Garden Bags and Bins, The Garden Bag Company, Manukau Garden Bins, Clippa Garden Bags and Bins and Greenfingers Garden Bags) have been warned for potentially creating the impression that customers were required to pay ... More >>
Final Decision Values Chorus Regulated Asset Base At $5.4 Billion
Thursday, 6 October 2022, 8:53 am | Commerce Commission
The Commerce Commission (the Commission) has today issued its final decision on the value of the assets Chorus uses for delivering regulated fibre services to New Zealand consumers. This is known as the Regulatory Asset Base (RAB). The Commission ... More >>
Commission Warns The Better Packaging Co For Attempted Customer Allocation
Wednesday, 5 October 2022, 2:00 pm | Commerce Commission
The Commerce Commission has issued warnings to The Better Packaging Co Limited (Better Packaging) and one of its directors, Rebecca Percasky, following an investigation into an attempted customer allocation agreement in the fast-growing sustainable packaging ... More >>
Wellington Airport’s Target Return And Risk Allocation Are Generally Appropriate Given COVID-19 Impacts
Wednesday, 28 September 2022, 9:05 am | Commerce Commission
The Commerce Commission has today confirmed that Wellington Airport’s pricing decisions and allocation of risk are generally appropriate after considering external factors including the impacts of COVID-19 on its customers. The Commission has considered ... More >>
THL Cleared To Acquire Apollo Subject To Divestment
Friday, 23 September 2022, 2:42 pm | Commerce Commission
The Commerce Commission has granted clearance for THL Group (Australia) Pty Limited (THL), a subsidiary of Tourism Holdings Limited, to acquire 100% of the shares in Apollo Tourism & Leisure Limited (Apollo) (Proposed Acquisition). The clearance ... More >>
Commission Cracks Down On Sales Practices That Mislead Online Shoppers
Wednesday, 14 September 2022, 5:09 pm | Commerce Commission
The Commerce Commission has issued a formal warning to online gift-box retailer, Occasion Box , for making false and unsubstantiated claims that were likely to mislead online shoppers on its website between May and December 2021. This follows the sentencing ... More >>
Online Retailer 1-Day Fined For Misleading “today Only” Deals
Wednesday, 7 September 2022, 5:23 pm | Commerce Commission
A prominent online retailer owned by The Warehouse Group has been fined $840,000 for promotional claims on its online store, which were liable to mislead consumers about how long its daily deals would run for and the quantity of stock available. ... More >>
Commission Issues Draft Guidance For Interchange Fee Caps On Mastercard And Visa Networks
Wednesday, 7 September 2022, 10:11 am | Commerce Commission
The Commerce Commission has released draft guidance explaining new interchange fee caps for Mastercard and Visa networks. The guidance will ultimately help participants in these networks comply with price limits on interchange fees which will come into ... More >>
Guilty Plea From Ego Pharmaceuticals On Unsubstantiated SPF 50+ Claims
Tuesday, 6 September 2022, 9:46 am | Commerce Commission
Australian skincare company, Ego Pharmaceuticals (Ego), has pleaded guilty to two charges under the Fair Trading Act, for making unsubstantiated representations about the Sun Protection Factor (SPF) of two sunscreen products, Ego Sunsense Ultra SPF ... More >>
Proceedings Filed Against Vector For Excessive Electricity Outages In The Auckland Region
Friday, 2 September 2022, 12:33 pm | Commerce Commission
The Commerce Commission has filed civil proceedings in the Auckland High Court against electricity lines company, Vector Limited, for failing to meet minimum reliability requirements for four consecutive years. Vector supplies electricity to more than ... More >>
Zoetis Cleared To Acquire Animal Healthcare Rival Jurox In New Zealand
Wednesday, 31 August 2022, 6:40 pm | Commerce Commission
The Commerce Commission has granted clearance for Zoetis Inc. (Zoetis) to acquire Betrola Pty Limited, which owns the Jurox group of companies (Jurox). Zoetis and Jurox both supply animal health care products. Deputy Chair Sue Begg said that the ... More >>
