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Commerce Commission - Latest News [Page 127]

TradeMe warned over unsafe cots

Monday, 28 November 2005, 9:21 am | Commerce Commission

TradeMe and five of its customers have been warned by the Commerce Commission about offering unsafe cots for sale over the internet-based trading site. More >>

Transpower price rises must be justified

Monday, 28 November 2005, 9:19 am | Commerce Commission

Yesterday Transpower, the electricity transmission company which runs the national grid, announced its intention to increase transmission charges by 19 percent from June 2006, and follow this with annual increases of up to 13 percent a year for a ... More >>

Air New Zealand adverts misleading: Court

Friday, 25 November 2005, 1:20 pm | Commerce Commission

Air New Zealand has been found guilty of breaching the Fair Trading Act by misleading customers about the real price of its airfares. More >>

Commission settles with TelstraClear on switching

Thursday, 24 November 2005, 9:22 am | Commerce Commission

Issued 24 November 2005/052 Commission settles with TelstraClear on unauthorised switching TelstraClear has agreed to change its approach to telemarketing and audit its compliance with the Fair Trading Act after a Commerce Commission investigation ... More >>

Fonterra not in breach - Commerce Commission

Wednesday, 23 November 2005, 10:07 am | Commerce Commission

The Commerce Commission has reached a preliminary view that Fonterra has not breached the Dairy Industry Restructuring (Raw Milk) Regulations 2001 by including capital profits in retention when calculating the wholesale milk price. More >>

Phone card adverts must show true costs of calls

Monday, 21 November 2005, 2:48 pm | Commerce Commission

The Commerce Commission has reached a settlement with two Australian-based providers of prepaid calling cards, Cardcall Pty Ltd and Global Card Services Pty Ltd, after an investigation found that hidden costs and conditions meant customers were charged ... More >>

Proposed Process Paper for Control of Vector

Thursday, 17 November 2005, 5:24 pm | Commerce Commission

This Paper describes the Commerce Commission’s (the Commission) proposed approach for issuing the final determination for the authorisation of the supply of gas distribution services by Vector Ltd (Vector) and Powerco Ltd (Powerco). Interested Parties are ... More >>

Process for Vodafone’s termination rate offer

Thursday, 17 November 2005, 4:39 pm | Commerce Commission

Vodafone has provided to the Commission key terms of its offer to reduce mobile termination rates as an alternative to regulation. More >>

Telecommunications Act: Regulated services

Thursday, 17 November 2005, 2:13 pm | Commerce Commission

The Commission has today released its decision to investigate whether to extend the period of regulation of the thirteen telecommunications services originally incorporated within the Telecommunications Act. More >>

Conference on intent to declare control of Unison

Tuesday, 15 November 2005, 9:31 am | Commerce Commission

The Commerce Commission will hold a conference to hear submissions on its intention to declare control over the electricity distribution services supplied by Unison Networks Limited. More >>

NZRU applies to Commission for authorisation

Thursday, 10 November 2005, 6:20 pm | Commerce Commission

The New Zealand Rugby Football Union Incorporated (NZRU) has applied to the Commerce Commission for authorisation to enter into a contract to which sections 27, 29 or 30 of the Commerce Act might apply. The relevant contract is the Collective Employment ... More >>

Fonterra cleared to acquire the branded butter

Thursday, 10 November 2005, 2:43 pm | Commerce Commission

The Commerce Commission has cleared Fonterra Co-operative Group Limited to acquire from New Zealand Dairy Foods Limited (Rank Group the 'Anchor', 'Fernleaf' and 'Country Soft' brands and associated business. More >>

Telecommunications Act: Broadband monitoring

Thursday, 10 November 2005, 1:54 pm | Commerce Commission

The Commerce Commission has completed the fifth quarter of its monitoring of uptake of residential broadband services provided or supported by Telecom New Zealand Limited. More >>

Celluslim pill promoters to pay $256,000 in fines

Wednesday, 9 November 2005, 4:49 pm | Commerce Commission

Misleading representations about "Celluslim", a purported weight loss and cellulite reduction product, have landed Dennis O'Neill and Martini Limited with $61,000 of fines and costs and a $195,000 refund bill. More >>

Reckitt Benckiser Seeks to Acquire Boots Health

Thursday, 3 November 2005, 10:04 am | Commerce Commission

The Commerce Commission has received an application from Reckitt Benckiser plc seeking clearance to acquire the shares, manufacturing assets and intellectual property of Boots Healthcare International. More >>

Commission update on TSO draft determination

Thursday, 3 November 2005, 9:51 am | Commerce Commission

The Commerce Commission has provided a brief update to industry on its progress towards releasing a draft determination on the telecommunications service obligations (TSO) instrument for the 2003/2004 and 2004/2005 years. The Commission has also sought ... More >>

Fake Manuka Honey trader’s second prosecution

Wednesday, 2 November 2005, 5:24 pm | Commerce Commission

A trader has been convicted for a second time for falsely labelling honey as UMF or Active Manuka honey. More >>

Eyes surgeons to pay $85,000 for breaching Act

Friday, 28 October 2005, 4:32 pm | Commerce Commission

Four Palmerston North eye surgeons have admitted breaching the Commerce Act by fixing the prices to be paid for eye services, and have been ordered by the High Court in Wellington to pay a total of $85,000 in fines and costs. More >>

Draft Guidelines on Estimating The Cost of Capital

Friday, 28 October 2005, 1:29 pm | Commerce Commission

The Commerce Commission has published Draft Guidelines: The Commerce Commission's Approach to Estimating the Cost of Capital on its website. More >>

Financial Options warned about buy-backs

Thursday, 27 October 2005, 11:44 am | Commerce Commission

The Commerce Commission has warned Financial Options Group and its director Anton Keane that they may be breaching the Credit Contracts and Consumer Finance Act with house buy-back schemes in Auckland. More >>

   

 
 
 
 
 

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