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Commerce Commission - Latest News [Page 143]

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 >>

Air NZ and Qantas: Commission holds conference

Monday, 11 August 2003, 4:59 pm | Commerce Commission

The Commerce Commission will commence a six day conference next week on its draft determinations relating to the application by Air New Zealand Limited and Qantas Airways Limited for authorisation to enter into a strategic alliance and the application ... More >>

Commission holds TSO conference

Friday, 8 August 2003, 3:26 pm | Commerce Commission

The Commerce Commission will hold a four day conference next week on its draft determination on the calculation of Telecom New Zealand Limited’s net cost of complying with its telecommunication service obligations (TSO). More >>

Electricity Lines Businesses Control Determination

Friday, 8 August 2003, 9:54 am | Commerce Commission

The Commerce Commission today released draft guidelines relating to the regulation of large electricity lines businesses. This work is part of the Commission’s continuing development of a regulatory regime for lines businesses, as required by Part 4A of ... More >>

Commission urges caution with Domain Names NZ

Thursday, 7 August 2003, 5:19 pm | Commerce Commission

The Commerce Commission is aware of a mass mail out by a business trading as Domain Names NZ, and strongly urges caution when dealing with the organisation. More >>

Company prevented from selling 'Wave Shield'

Friday, 1 August 2003, 3:25 pm | Commerce Commission

A company claiming that its 'Wave Shield' mobile phone radiation protection device blocks up to 97% of electromagnetic radiation from the inner ear has been permanently prevented from marketing the product and convicted on four breaches of the Fair Trading ... More >>