Commerce Commission - Latest News [Page 125]
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 >>
NZ Bus Ltd withdraws application to acquire Mana
Monday, 20 March 2006, 5:29 pm | Commerce Commission
New Zealand Bus Limited has withdrawn its section 66 clearance application to acquire the remaining 74% shares in Mana Coach Services. More >>
Telecomms: Commission releases draft TRS TSO
Monday, 20 March 2006, 5:07 pm | Commerce Commission
The Commerce Commission has released its draft determination on the cost of running the Telecommunications Relay Service (TRS) for the hearing impaired. More >>
Phishing for your funds
Friday, 17 March 2006, 4:55 pm | Commerce Commission
"May I steal your bank account details and money, please?" We all know exactly how to respond to a question like this, no matter how genuine or polite the caller sounded. More >>
Unison to reverse electricity price rises
Friday, 17 March 2006, 10:12 am | Commerce Commission
Electricity distribution business Unison Networks has told the Commerce Commission it will reverse its most recent distribution price rises in Taupo and Rotorua from the first of April. More >>
Morning Star ordered to pay $50,000
Thursday, 16 March 2006, 3:06 pm | Commerce Commission
Computer parts and systems wholesaler Morning Star Computer Limited has been ordered to pay $50,000 plus $3,624 costs in the Auckland High Court, following an admission that it contravened the Commerce Act by preventing computer parts resellers from ... More >>
Commission to investigate Vodafone Application
Tuesday, 14 March 2006, 10:23 am | Commerce Commission
The Commission has decided to investigate Vodafone's request for an access determination in relation to interconnection with Telecom's fixed network. Vodafone is planning to introduce a local service using cellular phones that also act as home phones, ... More >>
Commission receives two applications
Tuesday, 14 March 2006, 9:49 am | Commerce Commission
The Commerce Commission has received applications from ihug Limited and Callplus Limited requesting access determinations under the Telecommunications Act 2001 in relation to the provision of bitstream by Telecom New Zealand Limited. More >>
Why "Get Rich Quick" will only ever cost you money
Monday, 13 March 2006, 2:26 pm | Commerce Commission
As part of the global Fraud Awareness Month, the Commerce Commission and the Ministry of Consumer Affairs are advising New Zealanders to be wary of scams promising great wealth for what appears at first to be little or no outlay. More >>
Draft Determination on NZRU authorisation
Thursday, 9 March 2006, 4:20 pm | Commerce Commission
The Commerce Commission has issued its Draft Determination on an application for authorisation from the New Zealand Rugby Union. More >>
Rebstock: Mergers and Acquisitions Summit
Monday, 6 March 2006, 4:43 pm | Commerce Commission
As you are aware the Commerce Commission’s involvement in mergers and acquisitions relates to administering the Commerce Act, and more specifically Part 3 of the Act, which prohibits mergers and acquisitions that would have the likely effect of substantially ... More >>
Commission reports on Sprint’s compliance
Friday, 3 March 2006, 11:18 am | Commerce Commission
Commission reports to Minister on Sprint’s compliance with Service Quality Measures for Relay Service More >>
