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Commerce Commission - Latest News [Page 147]
Commission declines Brambles application
Friday, 21 March 2003, 4:51 pm | Commerce Commission
The Commerce Commission has declined a clearance application from Brambles New Zealand Limited (Brambles) to acquire the business assets of GE Capital Returnable Packaging Systems Limited (GECRPS). More >>
Pyramid selling slammed: Infinity Concierge fined
Wednesday, 12 March 2003, 3:46 pm | Commerce Commission
The Commerce Commission is warning the public not to get involved in pyramid selling after the Christchurch District Court fined Infinity Concierge and its operators a total of $38,760 including costs for operating or promoting a pyramid selling scheme, ... More >>
Southern Capital cleared to acquire Hirepool
Friday, 7 March 2003, 11:07 am | Commerce Commission
The Commerce Commission has cleared Southern Capital Limited to acquire 100% of the shares in Hirepool Limited from Owens Group Limited. More >>
Commission grants EIRA exemption
Friday, 7 March 2003, 11:07 am | Commerce Commission
The Commerce Commission has exempted Mr Samford Lee Maier (Junior) from the application of the cross involvement rules of the Electricity Industry Reform Act 1998 (EIR Act). More >>
Electricity Lines Businesses: conference details
Friday, 7 March 2003, 12:47 am | Commerce Commission
The Commerce Commission will hold a five-day conference on its draft decisions on the regulatory regime for electricity lines businesses from 10-14 March 2003. More >>
Air New Zealand and Qantas
Wednesday, 5 March 2003, 12:49 am | Commerce Commission
The Commerce Commission intends to release simultaneously two draft determinations relating to two applications by Qantas and Air New Zealand for authorisation under the Commerce Act in early April 2003. More >>
DIRA: Closing date for submissions extended
Monday, 3 March 2003, 4:15 pm | Commerce Commission
The closing date for submissions on the Commission’s draft determination relating to setting the discount rate for calculating Fonterra Co-operative Group Limited’s annualised share value for the 2001-2002 season has been extended until Friday 7 ... More >>
Telco Act: Commission to investigate pricing
Thursday, 27 February 2003, 9:07 am | Commerce Commission
The Commerce Commission is investigating whether the formula under the Telecommunications Act for setting initial prices for bundled service offerings should be amended. More >>
Electricity Lines Businesses
Thursday, 27 February 2003, 9:05 am | Commerce Commission
The Commerce Commission will hold a five-day conference on its draft decisions on the regulatory regime for electricity lines businesses from 10-14 March 2003. More >>
TelstraClear pleads guilty to misleading Sky offer
Wednesday, 26 February 2003, 2:14 pm | Commerce Commission
TelstraClear Limited was fined $5,000 plus costs in the North Shore District Court today, having pleaded guilty to misleading its customers as to the nature of a Sky TV promotional offer. More >>
Southern Capital applies to acquire Hirepool
Monday, 24 February 2003, 10:21 am | Commerce Commission
The Commerce Commission has received a clearance application from Southern Capital Limited to acquire 100% of the shares in Hirepool Limited from Owens Group Limited. More >>
Commission clears Burns Philp to acquire Goodman
Friday, 21 February 2003, 2:40 pm | Commerce Commission
The Commerce Commission has cleared Burns Philp & Company Limited to acquire up to 100% of the share capital of Goodman Fielder Limited subject to a divestment of the New Zealand yeast business of New Zealand Food Industries Limited (NZFI). More >>
Extension to Burns Philp clearance application
Thursday, 20 February 2003, 6:10 pm | Commerce Commission
The Commerce Commission and Burns Philp & Company Limited have agreed to a 24 hour extension of time to allow further consideration of Burns Philp’s application under the Commerce Act for clearance to acquire up to 100% of the share capital of ... More >>
Commission clears Wakefield to acquire Bowen Hosp
Wednesday, 19 February 2003, 3:28 pm | Commerce Commission
The Commerce Commission has cleared Wakefield Hospital Limited to acquire all of the issued shares in Bowen Hospital Limited and all of the land and buildings situated at its Churchill Drive site in Wellington. More >>
Kiwibank admits advertising liable to mislead
Thursday, 13 February 2003, 3:50 pm | Commerce Commission
In a settlement with the Commerce Commission, Kiwibank Limited has admitted that an advertising campaign it ran in September and October last year promoting 'cheaper home loans guaranteed' was liable to mislead consumers. More >>
Pyramid scheme to refund members $300,000
Wednesday, 12 February 2003, 5:30 pm | Commerce Commission
The High Court has ordered that money collected from the membership fees of Alpha Club New Zealand Limited be redistributed to some members after deeming the scheme to be pyramid selling in breach of section 24 of the Fair Trading Act. More >>
Process and timing for Pohokura gas authorisation
Wednesday, 12 February 2003, 2:35 pm | Commerce Commission
The Commerce Commission is intending to release its final determination on the application for authorisation regarding the Pohokura Gas field at the end of July. More >>
Gribbles Group cleared to acquire Alpha Scientific
Tuesday, 11 February 2003, 6:12 am | Commerce Commission
The Commerce Commission has cleared Gribbles Group Limited to acquire the business and business assets of Alpha Scientific Limited. More >>
Programme confirmed for telecommunications conf.
Tuesday, 11 February 2003, 6:11 am | Commerce Commission
The Commerce Commission has confirmed its programme for a four day conference on its draft report relating to TelstraClear Limited’s application for a determination to permit the resale of some services offered by Telecom New Zealand Limited. More >>
Commission settlement with British Am Tobacco
Wednesday, 5 February 2003, 1:35 pm | Commerce Commission
The Commerce Commission has settled out of court with British American Tobacco Holdings (New Zealand) Limited (BAT) for alleged breach of the former section 47 of the Commerce Act. The settlement includes divestment of certain international cigarette brands ... More >>
