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Commerce Commission - Latest News [Page 120]
Transpower proposes new prices
Monday, 4 December 2006, 10:07 am | Commerce Commission
Transpower has told the Commerce Commission that it is advising customers today of its proposed prices for 2006/07 and 2007/08. The Commerce Commission accepts that Transpower needs to notify customers now. Transpower's pricing year starts on 1 April, ... More >>
Investigation Gets Underway
Thursday, 16 November 2006, 10:39 am | Commerce Commission
The Commerce Commission's investigations into whether or not to amend the terms of the current roaming and co-location services have now formally commenced, with the Commission's decision to investigate under Schedule 3 of the Telecommunications Act ... More >>
Successful first prosecution under CCCF Act
Wednesday, 15 November 2006, 5:10 pm | Commerce Commission
In the first prosecution under the Credit Contracts and Consumer Finance Act, Senate Finance Limited, which provides finance to the customers of car dealers, has been fined $59,000 for giving customers terms and conditions they could not read. Seventeen ... More >>
Commission Clears Solid Energy
Friday, 10 November 2006, 4:33 pm | Commerce Commission
The Commission has cleared Solid Energy New Zealand Limited to acquire the entire share capital in Newvale Coal Co Limited. More >>
Alleged price-fixing in credit card interchange
Friday, 10 November 2006, 9:39 am | Commerce Commission
The Commerce Commission has issued civil proceedings against Visa, MasterCard and 11 financial institutions for alleged price-fixing in relation to interchange fees. More >>
Commission Releases Consultation Package
Thursday, 9 November 2006, 12:04 am | Commerce Commission
The Commerce Commission today released its consultation package on an administrative settlement offer proposed by Unison Networks as an alternative to the imposition of regulatory control. More >>
Commission releases revised draft TSO cost
Wednesday, 8 November 2006, 11:09 am | Commerce Commission
The Commerce Commission has revised its draft assessment of Telecom New Zealand Limited’s net cost of complying with its telecommunication service obligations (TSO) for the period 1 July 2003 to 30 June 2004. More >>
Home insulation must meet claim on label
Friday, 27 October 2006, 9:42 am | Commerce Commission
The manufacturers of Pink Batts and GreenStuf insulation products have been warned that they may have breached the Fair Trading Act because their insulation failed to meet the quality level claimed on packaging. Both companies moved immediately ... More >>
Fulton Hogan applies to acquire G J Beynon
Wednesday, 25 October 2006, 9:27 am | Commerce Commission
The Commerce Commission has received an application from Fulton Hogan Limited (Fulton Hogan) seeking clearance to acquire the contracting assets, quarry and land of G J Beynon Contracting Limited (G J Beynon). Associated with this purchase is the acquisition ... More >>
Energy Online pays $1million for misleading freeze
Monday, 16 October 2006, 4:19 pm | Commerce Commission
Electricity retailer Energy Online broke the law when it claimed Hawke’s Bay and Waitemata customers were on a “price freeze,” but still increased prices, the District Court has found. More >>
Vector proposes settlement
Friday, 13 October 2006, 9:52 am | Commerce Commission
Vector has proposed to rebalance its power prices from 1 April next year and comply with the Commerce Commission's price path threshold for the remainder of the current five-year regulatory period. More >>
Carter Holt Harvey fined $900,000 for labelling
Thursday, 12 October 2006, 10:14 am | Commerce Commission
In a case the Commission considers one of its most serious prosecutions to date, Carter Holt Harvey has pleaded guilty to breaching the Fair Trading Act by selling timber that did not meet the grade claimed on packaging. More >>
Record settlement returns $3.3 million
Thursday, 12 October 2006, 9:55 am | Commerce Commission
An out-of-court settlement reached by the Commerce Commission and Telecom will return around $3.3 million to customers after a billing fault saw them charged twice. More >>
Commission approves TCF Draft Code
Thursday, 12 October 2006, 9:39 am | Commerce Commission
The Commerce Commission has completed its consideration of the Telecommunications Carriers' Forum (TCF) code for the transfer of telecommunications services, known as the Customer Transfer Code. More >>
Toll Owens cleared to acquire marshalling assets
Wednesday, 11 October 2006, 5:38 pm | Commerce Commission
The Commerce Commission has cleared Toll Owens Limited (Toll Owens) to acquire the log marshalling assets of John Ray Limited (John Ray). More >>
Qantas fined $380,000 over misleading adverts
Tuesday, 10 October 2006, 5:30 pm | Commerce Commission
Qantas has pleaded guilty to 122 charges of breaching the Fair Trading Act and been ordered to pay $380,000 in fines and $15,860 in costs in the Auckland District Court. More >>
Commerce Commission to investigate mobile market
Tuesday, 10 October 2006, 10:40 am | Commerce Commission
The Commerce Commission announced today that it has considered barriers to entry to the cellular mobile services market and will be investigating possible changes to the regulatory framework. More >>
Osmose fined $1.8 million
Friday, 6 October 2006, 4:37 pm | Commerce Commission
Osmose New Zealand, Osmose Australia and two Australian-based executives have been fined for participating in a cartel in New Zealand's wood preservative chemicals industry. More >>
CRBF Cleared To Acquire CHH Assets
Thursday, 5 October 2006, 4:53 pm | Commerce Commission
The Commission has cleared CRBF Limited to acquire the shares and/or assets of a number of Carter Holt Harvey Limited (CHH) subsidiaries that hold forestry assets. The clearance is subject to More >>
Johnson & Johnson applies to acquire Pfizer Inc
Thursday, 5 October 2006, 4:22 pm | Commerce Commission
The Commission has received an application from Johnson & Johnson (J&J) to acquire the stock, assets and business of the Consumer Healthcare division of Pfizer Inc. This is a global acquisition. In New Zealand both parties supply a broad range ... More >>
