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Commerce Commission - Latest News [Page 150]
Freedom Air fined $10,000
Tuesday, 12 November 2002, 3:02 pm | Commerce Commission
South Pacific Charters Limited, trading as Freedom Air International, was fined $10,000 including costs in the Auckland District Court last Friday, having pleaded guilty to eight breaches of the Fair Trading Act in advertising the cost of airfares. More >>
Telecom provides revised TSO cost to Commission
Monday, 11 November 2002, 4:31 pm | Commerce Commission
The Commerce Commission is required under the Telecommunications Act to determine annually the net cost to Telecom New Zealand Limited (Telecom) of providing local residential telephone services under Telecom’s telecommunications service obligation ... More >>
Commission clears Avis to acquire Budget
Thursday, 7 November 2002, 11:24 am | Commerce Commission
The Commerce Commission has approved an application from Cendant Corporation, which owns and operates Avis Rent-a-Car Limited, to acquire up to 100% of the shares and assets in Budget Group Inc’s car and truck operations in New Zealand. More >>
Mercury Energy fined $14,000 for misleading advert
Wednesday, 6 November 2002, 3:02 pm | Commerce Commission
Poor processes and not learning from its mistakes cost Mighty River Power, trading as Mercury Energy, $14,000 in the Auckland District Court yesterday. The company pleaded guilty to two charges of breaching the Fair Trading Act. More >>
Commerce Commission settles interconnection price
Tuesday, 5 November 2002, 8:51 am | Commerce Commission
The Commerce Commission has today released its first access determination under the Telecommunications Act 2001. The Commission’s determination relates to price and non-price terms for interconnection between the TelstraClear Limited and Telecom ... More >>
Commission clears Vodafone Mobile frequency buy
Monday, 4 November 2002, 12:56 am | Commerce Commission
The Commission has cleared Vodafone Mobile NZ Limited to acquire the management rights for 20 years in the radio frequency range between 890 MHz and 899.8 MHz, together with the corresponding natural pair management rights in the 939 – 944.8 MHz range ... More >>
Commerce Commission releases draft determination
Friday, 1 November 2002, 5:15 pm | Commerce Commission
The Commerce Commission has today released a draft determination in relation to an application by The Marketplace Company Limited, the market administrator of the New Zealand Electricity Market (NZEM). The application was for authorisation of an arrangement ... More >>
Commission clears Coca Cola to acquire Rio
Friday, 1 November 2002, 10:58 am | Commerce Commission
The Commerce Commission has approved clearance applications from The Coca-Cola Company (TCCC) to acquire the trademarks and intellectual property associated with the brands owned by Rio Beverages Limited (Rio Beverages) and from Coca-Cola Amatil (NZ) Limited ... More >>
Custom Fleet cleared to acquire Hertz Fleetlease
Thursday, 31 October 2002, 5:33 pm | Commerce Commission
The Commerce Commission has approved a clearance application from Custom Fleet (NZ) Limited to acquire the shares of Hertz Fleetlease Limited from Ford Motor Credit Company. More >>
Masterton Poultry Farm fined $10,000
Thursday, 31 October 2002, 11:06 am | Commerce Commission
Willem Klaas Stolte, owner/operator of Masterton Poultry Farm, was fined $10,000 in the Masterton District Court yesterday after pleading guilty to breaching the Fair Trading Act in relation to the sale of free-range eggs sold under the Hen House ... More >>
Coca Cola applies for Commerce Com. clearance
Thursday, 24 October 2002, 12:49 am | Commerce Commission
The Commerce Commission has received clearance applications from The Coca-Cola Company (TCCC) to acquire the trademarks and intellectual property associated with the brands owned by Rio Beverages Limited (Rio Beverages) and from Coca-Cola Amatil (NZ) Limited ... More >>
CC releases decision on self-governance rulebook
Tuesday, 22 October 2002, 5:14 pm | Commerce Commission
The Commerce Commission today released its written reasons to authorise a set of arrangements in the form of a rulebook for the self-governance of the electricity sector, as announced last month. More >>
Custom Fleet applies to acquire Hertz Fleetlease
Monday, 21 October 2002, 8:09 am | Commerce Commission
The Commerce Commission has received an application from Custom Fleet (NZ) Limited (Custom Fleet) to acquire the shares of Hertz Fleetlease Limited (HFL) from Ford Motor Credit Company. More >>
Customers refunded for 'not so free' games
Friday, 18 October 2002, 9:25 am | Commerce Commission
Electronic Arts New Zealand Limited has admitted breaching the Fair Trading Act, and has agreed, in a settlement with the Commerce Commission, to reimburse and apologise to nearly 9,000 customers for not disclosing postage and handling costs during a ... More >>
Consumer warning about bicycle safety
Monday, 14 October 2002, 3:51 pm | Commerce Commission
Coles Myer NZ Holdings Ltd, trading as K Mart New Zealand, was fined $5,000 plus costs in the Auckland District Court last week for breaching the Fair Trading Act in relation to the sale of an unsafe bicycle. This is the second time the company ... More >>
Genesis cleared to acquire Energy Online
Thursday, 10 October 2002, 3:49 pm | Commerce Commission
The Commerce Commission has approved an application from Genesis Power Limited (Genesis) to acquire Energy Online Limited (EOL). More >>
Are you being charged the right price?
Tuesday, 8 October 2002, 6:04 pm | Commerce Commission
Two investigations into Masterton supermarket Write Price have prompted the Commerce Commission to alert consumers to the fact they need to be vigilant at the supermarket checkout and to warn supermarkets to make sure their till pricing accurately reflects ... More >>
Commission sends warning to real estate industry
Monday, 7 October 2002, 10:11 am | Commerce Commission
Two key judgements against Palmerston North real estate agency Century 21 Morris Realty and its agent Bette Ireland have reinforced the Commerce Commission’s view that real estate agents must accurately reflect a vendor’s price expectations when ... More >>
Clear faces court action for misleading adverts
Friday, 4 October 2002, 3:31 pm | Commerce Commission
For the second time in less than a year, Clear Communications Limited today pleaded guilty in the North Shore District Court to breaching the Fair Trading Act. Judge Henwood fined Clear $6000 and warned the company that any further offending of this ... More >>
New baby walker safety standards working
Thursday, 3 October 2002, 5:07 pm | Commerce Commission
A nationwide campaign by the Commerce Commission to increase awareness of the new safety standard for baby walkers has confirmed that traders and childcare providers are already taking heed of the regulations, but that there is still room for improvement. More >>
