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Commerce Commission - Latest News [Page 148]

Commission clears Contact Energy Limited

Tuesday, 4 February 2003, 6:49 pm | Commerce Commission

The Commerce Commission has approved an application from Contact Energy Limited (Contact), to acquire 100% of the shares in Stratford Power Limited, a 100% owned subsidiary of Natural Gas Holdings Corporation Limited (NGC), which owns Taranaki Combined Cycle ... More >>

Commission clears Genesis Power Limited

Tuesday, 4 February 2003, 6:48 pm | Commerce Commission

The Commerce Commission has approved an application from Genesis Power Limited (Genesis), to acquire 100% of the shares in Stratford Power Limited, a 100% owned subsidiary of Natural Gas Holdings Corporation Limited (NGC), which owns Taranaki Combined Cycle ... More >>

Commission releases draft decisions on implementat

Saturday, 1 February 2003, 10:25 am | Commerce Commission

The Commerce Commission today released a paper setting out draft decisions on implementation detail for its regulatory regime for electricity lines businesses. More >>

Draft Determinations On Raw Milk Regulations

Friday, 31 January 2003, 9:22 am | Commerce Commission

Fonterra Cooperative Group Ltd today expressed concern at the likely impact on domestic milk market competition if the Commerce Commission's two first draft determinations under the Raw Milk Regulations are accepted. More >>

Dairy Industry Restructuring Act

Thursday, 30 January 2003, 6:08 pm | Commerce Commission

The Commerce Commission today published its draft determination relating to setting the discount rate for calculating Fonterra Co-operative Group Limited’s (Fonterra) annualised share value for the 2001-2002 season. This is a statutory requirement ... More >>

Meridian Energy to reimburse misled customers

Thursday, 30 January 2003, 10:52 am | Commerce Commission

Meridian Energy Limited has admitted breaching the Fair Trading Act in a letter sent to customers notifying them of changes in tariffs, and has agreed, in a settlement with the Commerce Commission, to compensate affected customers. It will also make ... More >>

Commerce Commission Highlights For 2002

Tuesday, 31 December 2002, 12:37 pm | Commerce Commission

Implementing three new regulatory control regimes and consolidating the new thresholds relating to anti-competitive behaviour and business acquisitions under the Commerce Act were significant highlights for the Commerce Commission in 2002. More >>

Wakefield Hospital applies acquire Bowen Hospital

Tuesday, 31 December 2002, 12:34 pm | Commerce Commission

The Commerce Commission has received a clearance application from 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. More >>

Telstraclear's Wholesale Residential Application

Tuesday, 31 December 2002, 12:32 pm | Commerce Commission

The Commerce Commission today announced it would investigate aspects of TelstraClear Limited's application for a determination of the terms for the wholesaling of residential services offered by Telecom New Zealand Limited. More >>

Commerce Commission - adjudication update

Tuesday, 31 December 2002, 12:30 pm | Commerce Commission

The Commerce Commission will carry over several adjudication decisions into the New Year, relating to its responsibilities under the Commerce Act 1986, Telecommunications Act 2001 and Dairy Industry Restructuring Act 2001. More >>

Preussag, Shell and Todd application

Monday, 23 December 2002, 1:34 pm | Commerce Commission

Three parties, Preussag Energie, Shell Exploration and Todd Petroleum Mining, have applied to the Commerce Commission for authorisation to enter into arrangements to jointly market and sell gas produced from the Pohokura field off the Taranaki coast. More >>

CallPlus applies for access determination

Monday, 23 December 2002, 1:33 pm | Commerce Commission

The Commerce Commission has received an application from CallPlus Limited for an access determination under the Telecommunications Act 2001 in respect of both interconnection and wholesale services with Telecom New Zealand Limited. More >>

Arrangement doesn't require authorisation

Monday, 23 December 2002, 1:10 pm | Commerce Commission

The Commerce Commission has declined to authorise an arrangement following an application by The Marketplace Company Limited, the market administrator of the New Zealand Electricity Market (NZEM). The arrangement would require, after a delay of 14 days, the disclosure ... More >>

Real estate practices scrutinised

Friday, 20 December 2002, 11:47 am | Commerce Commission

In a High Court case taken by the Commerce Commission, Grenadier Real Estate Limited has admitted breaching the Fair Trading Act with respect to misleading advertising of a Lyttleton property for auction in November 2000. More >>

Telecommunications Act: update on local loop

Friday, 20 December 2002, 11:26 am | Commerce Commission

The Commerce Commission expects to commence in March 2003 a review of the desirability of regulating the unbundling of Telecom New Zealand Limited’s local loop network and fixed Public Data Network, and to provide a report to the Minister of Communications ... More >>