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Commerce Commission - Latest News [Page 144]
Gas Pipelines Inquiry Framework Paper Released
Wednesday, 16 July 2003, 2:59 pm | Commerce Commission
The Commerce Commission today released a draft framework paper which proposes legal and analytical frameworks to be used in the Gas Pipelines Inquiry. More >>
Wizard Home Loans’ advertising misleading
Tuesday, 15 July 2003, 9:20 am | Commerce Commission
A company named New Aussie Finance Pty Limited, licensed to trade as Wizard Home Loans to the Chinese and Korean communities in the greater Auckland region, has admitted its advertising was misleading and in breach of the Fair Trading Act in a settlement ... More >>
Commission holds TSLRIC conference
Friday, 11 July 2003, 12:01 am | Commerce Commission
The Commerce Commission will hold a two day conference next week on the Total Service Long Run Incremental Cost (TSLRIC) pricing methodology to be used by the Commission when conducting pricing review determinations. More >>
Clearance application from Bungy NZ
Thursday, 10 July 2003, 10:04 am | Commerce Commission
The Commerce Commission has received an application from Bungy New Zealand Limited to acquire the Pipeline Bungy business operating in Skippers Canyon, Queenstown. More >>
Noantibiotics claim costs chicken producer $10,000
Tuesday, 8 July 2003, 4:11 pm | Commerce Commission
Misleading claims that its chickens were fed ‘no antibiotics’ have cost Medallion Trading Limited $10,000 plus costs after it pleaded guilty to breaching the Fair Trading Act in the Palmerston North District Court yesterday. More >>
Draft Determination On CallPlus Interconnection
Monday, 7 July 2003, 11:10 am | Commerce Commission
The Commerce Commission has issued its draft Determination on the interconnection component of CallPlus Limited's application for an access determination under the Telecommunications Act 2001. More >>
Dairy Industry Restructuring Act: Fonterra breach
Tuesday, 1 July 2003, 9:10 am | Commerce Commission
The Commerce Commission has found that Fonterra Co-operative Group Limited (Fonterra) breached the Dairy Industry Restructuring (Raw Milk) Regulations 2001 and has ordered Fonterra to pay compensation to Independent Dairy Producers Limited (IDP). More >>
Commission clears Wesfarmers to acquire Paykel
Monday, 30 June 2003, 10:55 am | Commerce Commission
The Commerce Commission has cleared Wesfarmers Industrial & Safety NZ Limited (WISNZ) to acquire the business assets of Paykel Limited. More >>
Pohokura Gas Authorisation – conference details
Monday, 30 June 2003, 10:33 am | Commerce Commission
The Commerce Commission will hold a conference on Tuesday 1 – Thursday 3 July on its draft determination relating to the application by Preussag Energie (now OMV New Zealand Limited), Shell Exploration and Todd Petroleum Mining for authorisation ... More >>
Draft TSO cost calculations
Friday, 27 June 2003, 4:02 pm | Commerce Commission
The Commerce Commission has released its draft determination on the calculation of Telecom New Zealand Limited’s net cost of complying with its telecommunication service obligations (TSO) for the period 20 December 2001 (the commencement date of the Act) ... More >>
Air New Zealand and Qantas submission available
Wednesday, 25 June 2003, 11:49 am | Commerce Commission
A public version of Air New Zealand and Qantas' submission on the Commerce Commission's draft determination is available on the Commission's website, http://www.comcom.govt.nz . The Commission has now published all submissions it has received in response to ... More >>
Commission sends warning to Ross Securities
Thursday, 19 June 2003, 3:00 pm | Commerce Commission
The Commission has warned Australian company Ross Securities Pty Limited that in its opinion, letters sent to holders of BIL capital holders between February 2002 and March 2003 were misleading and deceptive, and at risk of breaching the Fair Trading ... More >>
Discount rate for Fonterra’s annualised shares
Friday, 13 June 2003, 11:00 am | Commerce Commission
Dairy Industry Restructuring Act: Commission sets final discount rate for Fonterra’s annualised share value More >>
Commission clears Proctor&Gamble to acquire Wella
Thursday, 12 June 2003, 11:16 am | Commerce Commission
The Commerce Commission has cleared Procter & Gamble Distributing New Zealand Limited (P&G) to acquire the assets and stock of Wella New Zealand Limited (Wella). More >>
Air New Zealand and Qantas: audited calculations
Wednesday, 11 June 2003, 3:16 pm | Commerce Commission
The Commerce Commission has audited its mathematical calculations contained in the modelling used in its draft determinations relating to the Air New Zealand and Qantas authorisation applications. As a result of the audit, the estimates of detriments ... More >>
Electricity Lines Businesses: thresholds set
Tuesday, 10 June 2003, 9:29 am | Commerce Commission
The Commerce Commission has set thresholds for the declaration of control in relation to electricity lines businesses, and also requirements of lines businesses to make public certain information relating to their performance against the thresholds. More >>
Fastlane Auto fined $18,000 for misleading offer
Tuesday, 10 June 2003, 8:55 am | Commerce Commission
Auckland-based car dealer Fastlane Auto Limited was fined $18,000 plus $880 costs in the Waitakere District Court on Friday for six breaches of the Fair Trading Act. More >>
TelstraClear and Telecom apply for pricing review
Friday, 6 June 2003, 10:22 am | Commerce Commission
TelstraClear Limited and Telecom New Zealand Limited have independently applied to the Commerce Commission for a pricing review of the Commission’s wholesale determination under section 42 of the Telecommunications Act 2001. The Commission released its ... More >>
Wesfarmers Industrial & Safety NZ clearance ap
Thursday, 5 June 2003, 10:37 am | Commerce Commission
The Commerce Commission has received an application from Wesfarmers Industrial & Safety NZ Limited (WISNZ) to acquire the business assets of Paykel Limited. More >>
Fly Away - but you'll have to pay:
Wednesday, 4 June 2003, 9:11 am | Commerce Commission
The Commerce Commission is concerned that both consumers and retailers are being misled by 'free' flight deals to the Gold Coast offered by Fly Away New Zealand Limited. More >>
