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Commerce Commission - Latest News [Page 142]
Commission grants clearance to Todd Pohokura
Tuesday, 23 September 2003, 2:21 pm | Commerce Commission
The Commerce Commission has granted a clearance to Todd Pohokura Limited to acquire an additional 9.8 percent interest in Petroleum Exploration from OMV New Zealand Limited. Petroleum Exploration is a joint venture between Shell Exploration NZ Limited, ... More >>
Commerce Commission recommends unbundling
Thursday, 18 September 2003, 4:32 pm | Commerce Commission
The Commerce Commission considers there would be substantial net benefits from unbundling Telecom New Zealand’s local loop network. In its draft report released today, the Commission’s preliminary view is to recommend unbundling of Telecom’s local loop ... More >>
Commission receives clearance application from ITW
Thursday, 18 September 2003, 9:20 am | Commerce Commission
The Commerce Commission has received an application from ITW New Zealand Limited (ITWNZ) seeking clearance to acquire the assets of Pryda New Zealand (Pryda) and Reid New Zealand (Reid). The proposed acquisition is part of a larger Australasian ... More >>
‘Everyone Love’ baby walkers put children at risk
Tuesday, 16 September 2003, 9:37 am | Commerce Commission
Buyers of an imported brand of baby walker are being warned by the Commerce Commission that the walkers do not meet the required safety standard regulations and could put children at risk of injury. More >>
BP changes advertising after Commission concerns
Monday, 15 September 2003, 10:22 am | Commerce Commission
BP Oil New Zealand Limited has changed its current nationwide television advertising campaign following concerns raised by the Commerce Commission. More >>
Westpac and MiTek withdraw clearance applications
Sunday, 14 September 2003, 1:17 pm | Commerce Commission
The Commerce Commission has received formal notification from Westpac Banking Corporation and Mitek New Zealand Limited that they have withdrawn their separate applications for business acquisition clearances under the Commerce Act. More >>
TelstraClear guilty of misleading its customers
Friday, 12 September 2003, 3:29 pm | Commerce Commission
TelstraClear was fined $3,000 plus costs in the Auckland District Court yesterday after pleading guilty to breaching the Fair Trading Act in relation to its “Chat ‘n Surf” promotion. More >>
Electricity Lines Businesses:
Friday, 12 September 2003, 11:34 am | Commerce Commission
The Commerce Commission is inviting submissions on an Issues Paper that relates to the development of a handbook for the valuation of system fixed assets owned by electricity lines businesses using the Optimised Deprival Valuation (ODV) methodology. This work ... More >>
End of September for final Air NZ determinations
Tuesday, 9 September 2003, 2:06 pm | Commerce Commission
The Commerce Commission today confirmed it was aiming to release its final determinations relating to the proposed strategic alliance between Air New Zealand and Qantas at the end of the month. The Commission's Australian counterparts, the ACCC, today released ... More >>
Decisions For Resetting The Price Path Threshold
Monday, 8 September 2003, 9:20 am | Commerce Commission
The Commerce Commission today released draft decisions relating to the regulation of large electricity lines businesses (distribution businesses and Transpower). More >>
ComCom receives clearance application from MiTek
Monday, 8 September 2003, 9:15 am | Commerce Commission
The Commerce Commission has received an application from MiTek New Zealand Limited (MiTek) seeking clearance to acquire the assets of Pryda New Zealand (Pryda) and Reid New Zealand (Reid). More >>
TrustPower: Fair Trading Breach Customers Refunded
Friday, 5 September 2003, 10:35 am | Commerce Commission
In a settlement with the Commerce Commission, TrustPower Limited has admitted breaching the Fair Trading Act and will refund approximately 200 customers who may have been misled about electricity price increases. More >>
Commission warns public on work from home scheme
Thursday, 4 September 2003, 9:09 pm | Commerce Commission
The Commission is alerting the public to be wary of ‘work from home’ schemes where people are offered the possibility of working from home with the potential of earning thousands of dollars. More >>
Telecommunications Act – Unbundling reviews
Thursday, 4 September 2003, 9:16 am | Commerce Commission
Earlier this year the Commerce Commission commenced an investigation as required under section 64 of the Telecommunications Act 2001 into the desirability of unbundling Telecom’s local loop network and its fixed Public Data Network. In the course of ... More >>
Commission authorises anti-competitive arrangement
Monday, 1 September 2003, 1:10 pm | Commerce Commission
The Commerce Commission has authorised three competitors to work together to jointly market and sell gas produced from the Pohokura field off the Taranaki coast. The authorisation is subject to three specific conditions. More >>
Gas Pipelines Inquiry: conference details
Thursday, 28 August 2003, 11:43 am | Commerce Commission
The Commerce Commission will hold a three-day conference next week on its draft framework paper, which was released as part of the Gas Pipelines Inquiry. More >>
Clearance Application From South Pacific Seeds
Monday, 25 August 2003, 4:21 pm | Commerce Commission
The Commerce Commission has received an application from South Pacific Seeds Pty Ltd (SPS) seeking clearance to acquire the assets and business of the New Zealand vegetable seed sales division of Yates Limited (Yates). More >>
Commission’s case against King Cargo concluded
Wednesday, 20 August 2003, 12:44 am | Commerce Commission
Itinerant trader Stuart Connell and his company King Cargo Limited have now been fined a total of $5,750 plus costs for selling bicycles that failed to comply with the bicycle safety standard. King Cargo was fined $5,000 in May this year. Mr Connell ... More >>
Commission receives Westpac clearance application
Monday, 18 August 2003, 3:00 pm | Commerce Commission
The Commerce Commission has received an application from Westpac Banking Corporation (Westpac) to acquire, through Westpac Holdings-NZ-Limited, 100% of the shares in NBNZ Holdings Limited, the New Zealand holding company of The National Bank of New ... More >>
Application From ANZ To Acquire National Bank
Thursday, 14 August 2003, 2:31 pm | Commerce Commission
The Commerce Commission has received an application from ANZ Banking Group (New Zealand) Limited (ANZ) to acquire NBNZ Holdings Limited, the New Zealand holding company of The National Bank of New Zealand Limited and its controlled subsidiaries (National) ... More >>
