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Commerce Commission - Latest News [Page 18]
Final Decision On Allocation Of Telecommunications Development Levy
Thursday, 8 December 2022, 11:12 am | Commerce Commission
The Commerce Commission has today released its final decision on the allocation of payments for the Government’s $10.484 million Telecommunications Development Levy (TDL) for 2021/22. Under the Telecommunications Act, the Commerce Commission ... More >>
Ashley & Martin Could Not Back Up 98% Success Rate For Hair Loss Treatment
Wednesday, 7 December 2022, 4:44 pm | Commerce Commission
Ashley & Martin (NZ) Limited has been fined $367,500 for making unsubstantiated marketing claims about its widely advertised hair loss treatment between November 2016 and May 2021, breaching the Fair Trading Act. The hair loss treatment company ... More >>
NZ Homeowners And Building Supplies Sector Will Benefit From Focus On Competition
Tuesday, 6 December 2022, 9:25 am | Commerce Commission
The Commerce Commission’s final report from a year-long market study into residential building supplies sets out nine recommendations to improve competition and produce better long-term outcomes for New Zealand homeowners and those involved in the industry. ... More >>
Over 100,000 Telco Customers Left With A Harder Road To Complain, Says Commission
Thursday, 1 December 2022, 9:56 am | Commerce Commission
The Commerce Commission has today published a list of telecommunications providers who are, and who are not, members of the Telecommunications Dispute Resolution Scheme (TDRS). The Commission says non-members – including Contact Energy, InspireNet, ... More >>
New Revenue Limit Set For Powerco Reflects $1.3b Network Investment
Wednesday, 30 November 2022, 11:32 am | Commerce Commission
The Commerce Commission has today made changes to the revenue that central North Island electricity distributor, Powerco Limited, can recover from its customers, following a $1.3 billion programme of investment in its network over the past five ... More >>
Sunscreen Company Fined For Claims That Could Not Be Backed Up
Wednesday, 30 November 2022, 9:51 am | Commerce Commission
Australian skincare company, Ego Pharmaceuticals Pty Ltd (Ego), has been fined $280,000 in the Auckland District Court, after it made unsubstantiated claims about the Sun Protection Factor (SPF) of two sunscreen products. Commission Chair Anna Rawlings ... More >>
Commission Widens Broadband Performance Programme To New Technologies And More Providers
Monday, 28 November 2022, 12:08 pm | Commerce Commission
The Commerce Commission has today announced the next phase of Measuring Broadband New Zealand (MBNZ), widening the programme to cover new technologies, additional providers and geographies – and offering volunteers an added bonus. While the Commission ... More >>
Local Electricity Lines Companies To Provide Greater Performance Insights
Friday, 25 November 2022, 9:22 am | Commerce Commission
The Commerce Commission has introduced new requirements on local electricity lines companies to improve performance information available to consumers and other stakeholders. This additional information will provide greater transparency about: • how the ... More >>
Commission Encourages Kiwi Motorists To ‘Shop Around’ When Filling Up
Thursday, 17 November 2022, 11:35 am | Commerce Commission
The Commerce Commission’s first report on the performance of New Zealand’s $10 billion fuel markets shows encouraging signs of competition, and says Kiwi motorists can play an important part in further stimulating competition. Initial analysis from ... More >>
Statement Of Preliminary Issues For Central Healthcare Operations’ Application To Acquire Interest In The Crest Hospital
Tuesday, 15 November 2022, 6:22 pm | Commerce Commission
The Commerce Commission has published a statement of preliminary issues relating to an application from Central Healthcare Operations Limited seeking clearance to acquire 100% of the shares in Aorangi Hospital Limited. At present, Aorangi and Southern ... More >>
Strandbags Fined $780,000 After Consumers Bagged A Not-so-real Deal
Friday, 11 November 2022, 4:34 pm | Commerce Commission
A leading Australasian handbag and luggage retailer, Strandbags Pty Limited, has today been fined $780,000 in the Auckland District Court for misleading consumers with its discounting and sales practices online and in-store. Commerce Commission ... More >>
Businesses To Benefit From Reduction In Payment Fees As New Regulation Kicks In
Thursday, 10 November 2022, 8:56 am | Commerce Commission
With a reduction in fees businesses are charged to accept Mastercard and Visa payments, the Commerce Commission says there will be immediate relief for small to medium businesses – and the benefits are expected to flow through to consumers over time. Commissioner, ... More >>
Commerce Commission Authorises News Publishers’ Association To Collectively Bargain
Thursday, 3 November 2022, 8:41 pm | Commerce Commission
The Commerce Commission (Commission) has granted authorisation to allow the News Publishers’ Association of New Zealand Incorporated (NPA) to collectively negotiate with Meta and Google regarding the terms and conditions on which participating news ... More >>
Commission Warns Aurora It Must Continue To Address Underlying Reliability Issues
Thursday, 3 November 2022, 11:12 am | Commerce Commission
The Commerce Commission has warned power lines company Aurora Energy Limited for an excessive level of power outages in 2020. The warning relates to the last of a series of breaches of its network quality standards relating to historic underinvestment ... More >>
Central Healthcare Operations Seeks Clearance To Acquire An Ownership Interest In The Crest Hospital In Palmerston North
Thursday, 3 November 2022, 7:20 am | Commerce Commission
The Commerce Commission has received a clearance application from Central Healthcare Operations Limited seeking clearance to acquire 100% of the shares in Aorangi Hospital Limited. At present, Aorangi and Southern Cross Healthcare Limited operate the Crest ... More >>
Warnings Conclude Commission Investigation Into Cartel Conduct In NZ’s Freight Forwarding Industry
Wednesday, 2 November 2022, 2:34 pm | Commerce Commission
The Commerce Commission has issued warnings to eight international freight forwarding companies that in the Commission’s view likely entered into cartel agreements with Mondiale Freight Services Limited (Mondiale) or Oceanbridge Shipping Limited (Oceanbridge) ... More >>
Latest MBNZ Results Spotlight Performance Of Fixed Wireless And Fibre Max
Thursday, 27 October 2022, 11:11 am | Commerce Commission
The Commerce Commission’s latest Measuring Broadband New Zealand (MBNZ) report throws the spotlight on the performance of fixed wireless and Fibre Max broadband. The performance of fixed wireless – broadband delivered via wireless technologies ... More >>
Commission Seeks Feedback On Draft Telecommunications Development Levy Allocation
Wednesday, 26 October 2022, 10:12 am | Commerce Commission
The Commerce Commission has today released its draft decision on the allocation of payments for the Government’s $10.484 million Telecommunications Development Levy (TDL) for 2021/2022. The TDL is paid by providers with gross revenues in excess ... More >>
Commission Seeks Input On Draft Misuse Of Market Power Guidelines
Tuesday, 18 October 2022, 2:00 pm | Commerce Commission
The Commission has released draft Misuse of Market Power Guidelines and is seeking submissions from interested parties. The Commerce Amendment Act 2022 made changes to section 36 of the Commerce Act 1986, which is the provision dealing with misuse ... More >>
Contract Terms Found To Be Unfair And Used Irresponsibly By Mobile Trader
Thursday, 13 October 2022, 12:12 pm | Commerce Commission
Delayed delivery terms used in contracts entered into by Ace Marketing Limited (Ace), a mobile trader targeting lower socio-economic communities across the North Island, have been declared unfair by the Courts, preventing Ace from relying on the terms ... More >>
