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Commerce Commission - Latest News [Page 124]
$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 >>
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 >>
