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Commerce Commission - Latest News [Page 123]
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 >>
Telecomms Commissioner not to seek reappointment
Tuesday, 11 July 2006, 10:25 am | Commerce Commission
Telecommunications Commissioner Douglas Webb has advised the Minster of Communications that he will not seek reappointment to the role when his current term expires in March 2007. More >>
Supplier warned about anti-competitive conduct
Monday, 10 July 2006, 3:04 pm | Commerce Commission
The Commerce Commission has warned Wesfarmers Industrial and Safety New Zealand Limited that its alleged attempt to stop other businesses from supplying safety products to its competitor risked breaching section 27 of the Commerce Act. More >>
Gas Provisional Authorisation not to be amended
Saturday, 8 July 2006, 2:12 pm | Commerce Commission
The Commerce Commission will not amend the Provisional Authorisation for supply of the controlled gas distribution services of Powerco and Vector. More >>
Gas form of control discussion document released
Saturday, 8 July 2006, 1:42 pm | Commerce Commission
The Commerce Commission has released its proposals for the form of control to be imposed on the gas distribution services of Powerco and Vector. The discussion paper provides a comprehensive review of the issues that the Commission considers are relevant ... More >>
Lion Nathan applies to acquire Independent Liquor
Monday, 3 July 2006, 5:12 pm | Commerce Commission
Issued 3 July 2006/148 Lion Nathan applies for clearance to acquire Independent Liquor The Commission has received an application from Lion Nathan Limited seeking clearance to acquire up to 100% of the shares and/or assets of Independent Liquor (NZ) Limited. ... More >>
NZ Bus acquisition of Mana Coach shares
Thursday, 29 June 2006, 4:23 pm | Commerce Commission
In a landmark decision, New Zealand Bus Limited has been found guilty of breaching section 47 of the Commerce Act, which prohibits acquisitions that are likely to substantially lessen competition. More >>
ihug and CallPlus will have bitstream access
Thursday, 22 June 2006, 10:18 am | Commerce Commission
The Commerce Commission has released a final determination under the Telecommunications Act providing ihug and CallPlus with regulated access to a wholesale bitstream service to be supplied by Telecom. More >>
Kathmandu finds out the true cost of "sale" items
Monday, 19 June 2006, 3:17 pm | Commerce Commission
Kathmandu was fined $28,000 plus costs in the Auckland District Court today for breaching the Fair Trading Act by advertising goods as being “on sale” when they had been available at the discounted price for months prior to the sale and, in some cases, when they ... More >>
Parallel importer snapped over price discrepancies
Monday, 19 June 2006, 3:08 pm | Commerce Commission
An Auckland parallel importer was fined $3,000 in the Auckland District Court on Thursday for advertising digital cameras at cheaper prices than they were available in store. More >>
Draft Determination: local service interconnection
Monday, 19 June 2006, 9:39 am | Commerce Commission
The Commerce Commission has issued a Draft Determination for Vodafone’s application for an access determination under the Telecommunications Act 2001. This service will provide interconnection of local calls between Telecom’s fixed network and Vodafone’s ... More >>
Move on telecommunication changes welcomed
Friday, 16 June 2006, 4:25 pm | Commerce Commission
Telecommunications Commissioner Douglas Webb is welcoming a call by Telecom for a voluntary industry initiative that could help the transition to a new regulatory regime. More >>
