Commerce Commission - Latest News [Page 15]
Statement Of Unresolved Issues Issued For Proposed THL/Apollo Merger
Friday, 29 April 2022, 5:28 am | Commerce Commission
The Commerce Commission has published a statement of unresolved issues relating to an application from THL Group (Australia) Pty Ltd, a subsidiary of Tourism Holdings Limited, seeking clearance to acquire 100% of the shares in Apollo Tourism & ... More >>
Draft Determination On New Zealand Tegel Growers Association’s Application To Engage In Collective Bargaining
Wednesday, 27 April 2022, 9:38 am | Commerce Commission
The Commerce Commission (Commission) has reached a preliminary view that it should allow the New Zealand Tegel Growers Association Incorporated (TGA) to collectively negotiate on behalf of its members the terms and conditions of its members’ supply ... More >>
Mobil Seeks Clearance To Increase Ownership Interest In Two Jet Fuel Joint Ventures
Tuesday, 26 April 2022, 9:37 am | Commerce Commission
The Commerce Commission has received two clearance applications from Mobil Oil New Zealand Limited to acquire up to 100% of Z Energy Limited’s ownership interest in two assets used to supply jet fuel at Auckland International Airport: the Wiri ... More >>
Kinetic NZ Holdings Limited Seeks Clearance To Acquire NZ Bus
Tuesday, 19 April 2022, 3:37 pm | Commerce Commission
The Commerce Commission has received a clearance application from Kinetic NZ Holdings Limited (Kinetic) to acquire 100% of the issued share capital of NZB Holdco Limited (NZ Bus) and its subsidiaries. Kinetic operates bus and coach services in New Zealand ... More >>
Latitude Seeks Clearance To Acquire Humm’s Consumer Finance Business
Tuesday, 19 April 2022, 11:51 am | Commerce Commission
The Commerce Commission has received a clearance application from Latitude Group Holdings Limited (Latitude) to acquire Humm Group Limited’s consumer finance business (Humm). Latitude and Humm are global suppliers of consumer finance products including ... More >>
Statement Of Unresolved Issues Released For Anytime NZ Limited’s Collaborative Activity Clearance Application
Thursday, 14 April 2022, 3:51 pm | Commerce Commission
The Commerce Commission has published a Statement of Unresolved Issues relating to the application by Anytime NZ Limited (Anytime NZ) for clearance under section 65A of the Commerce Act 1986 for proposed agreements with its franchisees. The proposed ... More >>
Provisional Authorisation Granted For News Publishers’ Association To Engage In Collective Bargaining With Meta & Google
Tuesday, 12 April 2022, 10:18 am | Commerce Commission
The Commerce Commission has provisionally authorised the News Publishers’ Association of New Zealand to collectively negotiate with Meta and Google regarding the terms and conditions on which participating news media companies’ content is displayed ... More >>
Ampol/Z: Commission Approves Divestment Of Gull To Allegro Transaction Vehicle
Thursday, 7 April 2022, 8:46 pm | Commerce Commission
The Commerce Commission has approved the sale by Ampol Limited (Ampol) of the Gull business in New Zealand (Gull) to GNZ Energy Bidco Limited (GNZ). GNZ is controlled by Allegro Funds Pty Ltd (Allegro) and owned by a combination of investors in the ... More >>
Statement Of Preliminary Issues Released For Fletcher/Tumu ITM Application
Tuesday, 5 April 2022, 8:46 pm | Commerce Commission
The Commerce Commission has published a statement of preliminary issues relating to an application from Fletcher Distribution Limited (FDL) seeking clearance to acquire the six ITM stores, and a frame and truss manufacturing plant, from Tumu Merchants ... More >>
Commission Signals Approach For Next Stage Of Study Into Residential Building Supplies
Thursday, 31 March 2022, 3:40 pm | Commerce Commission
The Commerce Commission has today released a paper providing more detail about its approach and the next steps for its market study into competition in the residential building supplies sector. In November 2021, the Government asked the Commission to ... More >>
EBOS Cleared To Acquire The New Zealand LifeHealthcare Business
Wednesday, 30 March 2022, 7:55 pm | Commerce Commission
The Commerce Commission has granted clearance to EBOS Medical Devices Australia Pty Limited (EBOS) in relation to its proposed acquisition of the New Zealand LifeHealthcare business. Both EBOS and LifeHealthcare are distributors of medical equipment and ... More >>
Cargotec Withdraws Application To Acquire Konecranes
Wednesday, 30 March 2022, 5:47 pm | Commerce Commission
Cargotec Corporation has formally withdrawn its application to the Commerce Commission for clearance to acquire Konecranes Plc. The Commission had been scheduled to make a decision on Cargotec’s clearance application by 28 April 2022. Background Both ... More >>
Statement Of Preliminary Issues Released For Zenith Water / Waterlogic Merger
Tuesday, 29 March 2022, 4:41 pm | Commerce Commission
The Commerce Commission has published a statement of preliminary issues relating to an application from Osmosis Buyer Limited (Osmosis) to acquire all of the shares in Firewall Holdings S.À R.L (Firewall) as part of a global transaction. Osmosis ... More >>
Continuation Of Provisional Authorisation For New Zealand Tegel Growers Association To Collectively Negotiate With Tegel
Friday, 25 March 2022, 12:44 pm | Commerce Commission
In September 2021 the New Zealand Tegel Growers Association Incorporated (TGA) applied for authorisation for its members to engage in collective bargaining with Tegel Foods Limited. In November 2021 the Commission granted provisional authorisation for collective ... More >>
Commission Clears Camplify To Acquire THL’s Mighway And SHAREaCAMPER
Friday, 25 March 2022, 9:47 am | Commerce Commission
The Commerce Commission has cleared Camplify Co (NZ) Limited, a subsidiary of ASX-listed Camplify Holdings Limited, to acquire the New Zealand assets and business of Tourism Holdings Limited’s (THL’s) peer-to-peer motorhome and campervan rental platforms, ... More >>
Statement Of Preliminary Issues Released For Lineage Logistics’ Proposed Acquisition Of Cold Storage Nelson
Thursday, 24 March 2022, 10:00 am | Commerce Commission
The Commerce Commission has published a Statement of Preliminary Issues relating to the clearance application for Lineage Logistics New Zealand (Lineage) to acquire Cold Storage Nelson Limited (CSN). The Statement outlines the key competition issues ... More >>
Speed Boost Confirmed For New Zealand's Most Popular Fibre Broadband Plans
Thursday, 24 March 2022, 9:34 am | Commerce Commission
Download speeds have tripled for consumers on New Zealand’s most popular fibre broadband plans, the Commerce Commission confirms. In November 2021, fibre wholesalers, including Chorus, began offering increased speeds of 300 Mbps on 100 Mbps wholesale ... More >>
Statement Of Issues Released For Life Health Foods / Chalmers
Wednesday, 23 March 2022, 5:16 pm | Commerce Commission
The Commerce Commission has published a statement of issues relating to an application from Life Health Foods NZ Limited seeking clearance to acquire the business and assets of Chalmers Organics Limited. The Statement of Issues outlines the Commission’s ... More >>
Statement Of Issues Released For Life Health Foods / Chalmers
Wednesday, 23 March 2022, 4:29 pm | Commerce Commission
The Commerce Commission has published a statement of issues relating to an application from Life Health Foods NZ Limited seeking clearance to acquire the business and assets of Chalmers Organics Limited. The Statement of Issues outlines the Commission’s ... More >>
Information Disclosed By Local Electricity Lines Companies - Targeted Review Begins
Wednesday, 23 March 2022, 9:41 am | Commerce Commission
The Commerce Commission has kicked off a targeted review of the information that New Zealand’s 29 regional electricity lines companies are required to disclose to the public. This information relates to the performance of regional electricity ... More >>