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Commerce Commission - Latest News [Page 122]
Mobile Market: Competition Issues
Wednesday, 23 August 2006, 4:01 pm | Commerce Commission
On 10 May 2006, the Commerce Commission announced that it intended to examine the reasons for the lack of new entry into the mobile services market as a prelude to deciding whether or not to commence an investigation into possible changes to the ... More >>
2005/06 electricity asset management plans
Wednesday, 16 August 2006, 4:26 pm | Commerce Commission
The Commerce Commission has today released a summary report of its review of the 2005/06 asset management plans of electricity lines businesses. Electricity lines businesses are required to disclose their asset management plans under the Electricity ... More >>
Hancock Natural Resource Group Application
Wednesday, 16 August 2006, 4:24 pm | Commerce Commission
The Commerce Commission has received an application from Hancock Natural Resource Group, Inc. seeking clearance to acquire the shares and/or assets of a number of Carter Holt Harvey Limited subsidiaries that hold forestry assets. More >>
Process takes account of investment incentives
Tuesday, 15 August 2006, 3:11 pm | Commerce Commission
“The public can be assured that providing for appropriate investment is a key part of the regulatory regime enforced by the Commerce Commission,” Commerce Commission Chair Paula Rebstock said today. More >>
First Cease and Desist Order issued on Northport
Monday, 14 August 2006, 4:35 pm | Commerce Commission
Cease and Desist Commissioner Terence Stapleton has issued the first Cease and Desist Order to be made under the Commerce Act. The Commerce Commission sought the order against port owner Northport Limited for activities at Marsden Point port in Whangarei. ... More >>
Real estate agent should have told buyers
Friday, 11 August 2006, 2:49 pm | Commerce Commission
A Hamilton real estate agent who sold a property described as “out of the hustle and bustle” should have told buyers that an apartment complex was going to be built next door, the Commerce Commission said in a formal warning today. More >>
Intention to declare control of Vector Limited
Wednesday, 9 August 2006, 2:40 pm | Commerce Commission
The Commerce Commission has published its intention to declare control of the electricity distribution services supplied by Vector Limited. More >>
Public warned about domain registration "invoices"
Tuesday, 8 August 2006, 2:11 pm | Commerce Commission
The Commerce Commission is warning New Zealand businesses about a mass mail-out by an Australian-based business trading as NZ Domain Registration Ltd. A number of businesses have contacted both the Commission and the Domain Name Commissioner after receiving ... More >>
Trans-Tasman merger protocol agreed
Monday, 7 August 2006, 12:06 am | Commerce Commission
The New Zealand Commerce Commission and the Australian Competition and Consumer Commission have agreed to a Cooperation Protocol for Merger Review. The protocol takes effect from today and is designed to assist cooperation in merger review between the ACCC ... More >>
Godfrey Hirst applies for clearance over Feltex
Friday, 4 August 2006, 9:31 am | Commerce Commission
The Commerce Commission has received an application from Godfrey Hirst NZ Limited seeking clearance to acquire some or all of the assets of Feltex Carpets Limited. More >>
Publishing schedule agreed by Commission
Thursday, 3 August 2006, 4:13 pm | Commerce Commission
The Commerce Commission and an Auckland publisher have agreed to a publishing and delivery schedule that will see customers receive the books they have paid for. More >>
Copper loop spectrum management report released
Wednesday, 2 August 2006, 10:14 am | Commerce Commission
The Commerce Commission has released a report from an independent consultant on the management of interference on the copper loop. The report, Local Loop Spectrum Management, focuses on copper loop broadband internet services. More >>
Commission/ACCC agreement on mergers review
Monday, 24 July 2006, 12:07 am | Commerce Commission
Commerce Commission/ACCC in-principle agreement to co-operative Trans-Tasman mergers review protocol The New Zealand Commerce Commission and the Australian Competition and Consumer Commission have agreed, in principle, to a protocol to enhance their ... More >>
Commission clears application by ORIX NZ
Sunday, 23 July 2006, 2:53 pm | Commerce Commission
The Commerce Commission has granted clearance for the acquisition of the business of Truck Leasing Limited (trading as Esanda FleetPartners) by ORIX New Zealand Limited. More >>
Telecom Mobile fails to give credit where it;s due
Friday, 21 July 2006, 3:32 pm | Commerce Commission
Telecom Mobile Limited has been fined $45,000 and ordered to pay over $3,000 in costs in the Wellington District Court today for breaching sections 11 and 13(g) of the Fair Trading Act, after misleading customers about a new mobile phone deal. More >>
Commission and Vector in administrative settlement
Thursday, 20 July 2006, 10:12 am | Commerce Commission
The Commerce Commission is discussing with Vector Ltd an administrative settlement after the company breached price thresholds set under Part 4A of the Commerce Act. Commerce Commission Chair Paula Rebstock confirmed today that the Commission has ... More >>
BNZ guilty plea on card fees: $5 mil compensation
Tuesday, 18 July 2006, 10:19 am | Commerce Commission
The BNZ has become the third major bank to plead guilty to breaching the Fair Trading Act by failing to properly disclose fees charged for overseas currency transactions on its credit and debit cards. The company pleaded guilty to 21 representative charges ... More >>
Rebstock: New Zealand Energy Summit
Monday, 17 July 2006, 12:37 am | Commerce Commission
8th Annual New Zealand Energy Summit 17 July 2006 Paula Rebstock Chair, Commerce Commission More >>
$792,000 payout for false claims
Thursday, 13 July 2006, 5:30 pm | Commerce Commission
Zenith Corporation, which sold and promoted the discredited "weight loss" product Body Enhancer will pay $792,000 in fines, costs and corrective advertising. The company was sentenced in the Auckland District Court today for offences under the Fair Trading ... More >>
ORIX applies re clearance to acquire Truck Leasing
Wednesday, 12 July 2006, 9:52 am | Commerce Commission
The Commerce Commission has received an application from ORIX New Zealand Limited seeking clearance to acquire 100% of the shares in Truck Leasing Limited (TLL), trading as Esanda FleetPartners, from UDC Finance Limited, a subsidiary of Australia and ... More >>
