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Commerce Commission - Latest News [Page 124]
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 >>
Portacom cleared to acquire Rhino
Thursday, 6 April 2006, 10:14 am | Commerce Commission
The Commerce Commission has cleared Portacom New Zealand Limited to acquire the operations, assets, and business owned by Rhino Group Limited. Portacom applied for clearance for the acquisition to the extent that it would affect the operations conducted by ... More >>
Union withdraws part of authorisation application
Monday, 3 April 2006, 4:51 pm | Commerce Commission
On 30 March 2006 the New Zealand Rugby Union withdrew its request for authorisation of the proposed arrangements applying to the Modified Division One inter-provincial rugby competition, as set out in paragraphs 2.8 and 2.9 of its application to the ... More >>
Commission closes investigation
Friday, 31 March 2006, 9:45 am | Commerce Commission
The Commerce Commission has today closed its investigation into claims by Origin Pacific Airways Limited that Air New Zealand took advantage of its market power to restrict, prevent or deter competition on selected provincial air services markets. More >>
Transpower seeks settlement, no 19% price rise
Friday, 31 March 2006, 9:33 am | Commerce Commission
Electricity transmission business Transpower has told the Commerce Commission its customers will not pay the planned 19% price rise on 1 April, while Transpower seeks to negotiate an administrative settlement with the Commission. More >>
ANZ pleads guilty over credit card fees
Thursday, 30 March 2006, 2:21 pm | Commerce Commission
The ANZ National Bank Limited has pleaded guilty in the Auckland District Court to 45 charges of breaching the Fair Trading Act by failing to properly disclose fees charged for overseas currency transactions on its credit cards. More >>
Commission to investigate regulated bitstream
Wednesday, 29 March 2006, 5:12 pm | Commerce Commission
The Commission has decided to investigate two separate applications from Ihug and Callplus for access determinations in relation to the regulated bitstream service. More >>
Gas retailers respond to distribution reductions
Thursday, 23 March 2006, 3:56 pm | Commerce Commission
In August 2005 the Commission issued a Provisional Authorisation requiring the average price for the distribution component of gas prices to be reduced by at least 9% and 9.5% for Powerco and Vector respectively. The Commission sought a response from gas ... More >>
Commission declines to grant Reform Act exemption
Tuesday, 21 March 2006, 2:34 pm | Commerce Commission
The Commerce Commission has declined to grant Eastland Networks Limited an exemption under the Electricity Industry Reform Act. The exemption related to Eastland’s proposed investment in a wind farm to be built in Mokairau near Gisborne. Eastland intended ... More >>
Unison: Electricity Industry Reform Act exemption
Tuesday, 21 March 2006, 2:33 pm | Commerce Commission
The Commerce Commission has granted Unison Networks a limited exemption under the Electricity Industry Reform Act in relation its proposed investment in a wind farm. The proposed wind farm is to be built in the Maungaruru and Te Waka Ranges by way ... More >>
