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Commerce Commission - Latest News [Page 124]
Air NZ fined $600,000 for misleading customers
Friday, 16 June 2006, 2:58 pm | Commerce Commission
Air New Zealand has been ordered to pay $600,000 in fines and nearly $65,000 in costs after the Commerce Commission prosecuted the airline for misleading customers about the real price of its airfares. More >>
Organic means 100% organic
Thursday, 15 June 2006, 4:26 pm | Commerce Commission
In the second case of its kind, an Auckland butcher has been fined for falsely labelling products as certified organic when they were not. More >>
Commerce Commission releases TRS TSO determination
Monday, 12 June 2006, 9:58 am | Commerce Commission
The Commerce Commission has released its determination on the cost of running the Telecommunications Relay Service (TRS) for meeting the telephone communication needs of deaf, hearing impaired and speech impaired people. More >>
Rugby Union salary cap authorised for six years
Friday, 2 June 2006, 1:23 pm | Commerce Commission
The Commerce Commission has told the New Zealand Rugby Union that it can impose a salary cap to limit the amount each union can spend on players. The cap will apply for six years from today, and will be reviewed after five years. More >>
Commission revokes Pohokura gas authorisation
Friday, 2 June 2006, 10:44 am | Commerce Commission
The Commerce Commission has revoked the 2003 authorisation it granted to Shell, Todd and OMV to jointly sell gas from the Pohokura field. Commerce Commission Chair Paula Rebstock said that there had been a material change in circumstances since the Commission ... More >>
Draft Report On Regulation Extension
Tuesday, 30 May 2006, 10:40 am | Commerce Commission
The Commerce Commission today released its draft report on whether regulation of ten telecommunications services should be extended for two years. More >>
Fake organics land butcher with meaty $10,000 fine
Thursday, 25 May 2006, 5:31 pm | Commerce Commission
In a first for the Commerce Commission, a butcher has been fined for falsely labelling products as certified organic when they were not. Jason Arthars and Clark’s Organic Butchery Ltd were fined a total of $10,000 ($5,000 for Arthars and $5,000 for the ... More >>
Webb: TUANZ Telecommunications Day 2006
Wednesday, 24 May 2006, 1:31 pm | Commerce Commission
I want to thank TUANZ for the invitation to speak to you today. I have spoken at this event regularly over recent years, generally looking at the state of competition, the major regulatory decisions of the previous year, and the agenda for the coming ... More >>
Commission warns Baycorp after fee investigation
Friday, 19 May 2006, 5:21 pm | Commerce Commission
The Commission has completed its investigation into allegations of anti-competitive behaviour by Baycorp Advantage Holdings (NZ) Ltd (Baycorp), issuing Baycorp with a formal warning for a potential breach of the Commerce Act 1986. More >>
Number Portability Clarfication Decision
Thursday, 18 May 2006, 10:09 am | Commerce Commission
The Commerce Commission has made the Number Portability Clarification Decision available on its website at the following link... More >>
Car dealer finds non-compliance stalls trading
Monday, 15 May 2006, 4:49 pm | Commerce Commission
A motor dealer has been fined over $8,500 in the Christchurch District Court today for lying about the age of cars he was selling and failing to provide purchasers with Supplier Information Notice (SIN) cards. He also agreed to pay over $1,400 in ... More >>
Mobile Market: Competition Issues
Wednesday, 10 May 2006, 10:17 am | Commerce Commission
The Commerce Commission announced today that it will 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 regulatory framework. More >>
“If it ain’t broke, fix it” policy costs shop
Wednesday, 3 May 2006, 10:24 am | Commerce Commission
A home appliance business and its owner have been fined more than $20,000 after employees were instructed to tell lie about the age of second hand appliances and recommend unnecessary repairs. More >>
Pernod's Allied Domecq acquisition Investigated
Monday, 1 May 2006, 2:24 pm | Commerce Commission
Issued 1 May 2006/127 Commission investigating Pernod Ricard’s acquisition of Allied Domecq The Commission has opened an investigation under section 47 of the Commerce Act into the acquisition by Pernod Ricard S.A. of Allied Domecq plc. This acquisition ... More >>
Mobile Termination Report Provided to the Minister
Friday, 21 April 2006, 4:59 pm | Commerce Commission
The Commerce Commission has provided to the Minister of Communications its final report into regulation of mobile termination. More >>
Commission not to investigate Fairfax/TradeMe
Thursday, 20 April 2006, 3:26 pm | Commerce Commission
The Commerce Commission has decided not to open an investigation into the acquisition of TradeMe Limited by Fairfax New Zealand Holdings Limited. The Commission considers that, based on the information before it, the acquisition is unlikely to raise competition ... More >>
Ross Investments fined for misleading offer
Thursday, 20 April 2006, 12:10 am | Commerce Commission
An Australian investment company and its Director have been fined a total of $24,000 for misleading claims made when trying to buy capital bonds and units from New Zealand investors. More >>
Visy Plastics NZ applies to acquire Vertex Group
Monday, 10 April 2006, 4:45 pm | Commerce Commission
Issued 10 April 2006/121 Visy Plastics NZ applies for clearance to acquire Vertex Group & Alto Plastics The Commerce Commission has received an application from Visy Industrial Plastics NZ Limited seeking clearance to acquire either the issued ... More >>
High Court allows companies to be named
Sunday, 9 April 2006, 2:45 pm | Commerce Commission
The High Court confirmed late yesterday that defendant companies in the ongoing cartel prosecution CAN be named. The defendant companies involved in ongoing proceedings are Osmose New Zealand Limited, TPL Limited, and Nufarm Limited. More >>
Record $3.6 million in cartel penalties
Friday, 7 April 2006, 3:09 pm | Commerce Commission
The High Court has imposed record penalties on Koppers Arch Wood Protection (NZ) Limited and its Australian parent company, Koppers Arch Investments Pty Limited, after the companies admitted participating in a cartel in the wood preservative chemicals ... More >>
