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Commerce Commission - Latest News [Page 18]
Natural Gas Pipeline Reliability Maintained, Profits Not Excessive, Analysis Shows
Wednesday, 15 December 2021, 8:38 am | Commerce Commission
Profits per customer declined for regulated gas pipeline businesses over the seven years to 2020, according to analysis by the Commerce Commission. As detailed in a new Commission report, Trends in gas pipeline business performance , the average ... More >>
Commission Releases Final Report On Fonterra's 2021/22 Milk Price Manual
Wednesday, 15 December 2021, 8:27 am | Commerce Commission
The Commerce Commission today published its final report on its annual review of Fonterra’s Milk Price Manual for the 2021/22 dairy season. There is not enough depth in the market for milk supplied to processors in New Zealand to establish a ... More >>
Taranaki By-Products Withdraws Application To Increase Its Shareholding In Tuakau Proteins Limited
Tuesday, 14 December 2021, 7:03 pm | Commerce Commission
Taranaki By-Product Limited has formally withdrawn its application to the Commerce Commission for clearance for it, or a related company, to increase its shareholding in Tuakau Proteins Limited. Subsequent to the application being filed, a fire destroyed ... More >>
Commission Allocates Telco Development Levy Among Providers
Tuesday, 14 December 2021, 8:58 am | Commerce Commission
The Commerce Commission has today released its final decision on the allocation of payments for the Government’s Telecommunications Development Levy (TDL) for 2020/21 among providers of telecommunications services. Spark, Vodafone, Chorus, ... More >>
THL Seeks Clearance To Acquire Apollo
Monday, 13 December 2021, 7:07 pm | Commerce Commission
The Commerce Commission has received a clearance application from THL Group (Australia) Pty Ltd, a subsidiary of Tourism Holdings Limited, seeking clearance to acquire 100% of the shares in Apollo Tourism & Leisure Ltd. THL and Apollo both supply ... More >>
Fixing Customer Service Tops Telco Consumer Wishlist
Thursday, 9 December 2021, 9:02 am | Commerce Commission
Poor customer service should be the top priority in the Commerce Commission’s work to improve telecommunications retail service quality outcomes for consumers, according to half of the respondents to a recent Commission poll. The poll asked ... More >>
Ability To Keep Phone Number When Switching Provider Protected For Five More Years
Thursday, 2 December 2021, 9:01 am | Commerce Commission
The Commerce Commission has today announced it will continue to protect the ability of telecommunications consumers to keep their landline and mobile telephone numbers if they switch providers. Telecommunications Commissioner Tristan Gilbertson said ... More >>
Commission Proposes To Approve Revenue Increase For Unison To Connect Tauhara Geothermal Power Plant
Wednesday, 1 December 2021, 9:23 am | Commerce Commission
The Commerce Commission has issued a draft decision proposing to approve Unison Networks Limited’s application to increase its allowed revenue to cover the $7.3 million cost of connecting Contact Energy Limited’s Tauhara geothermal power plant ... More >>
Fibre Outperforms Other Tech During Lockdown
Wednesday, 1 December 2021, 9:19 am | Commerce Commission
Auckland experienced no significant drop in broadband performance compared with the rest of New Zealand during lockdown, the latest Measuring Broadband New Zealand report from the Commerce Commission shows. However, the report shows that fibre broadband ... More >>
Additional Changes To Consumer Credit Laws Come Into Effect Today
Wednesday, 1 December 2021, 9:17 am | Commerce Commission
A further suite of changes to consumer credit laws become effective today. These changes are significant and build on the existing responsible lending requirements. They include greater detail about the types of information lenders need to collect ... More >>
New Information Disclosure Requirements For Regulated Fibre Wholesalers
Tuesday, 30 November 2021, 8:46 am | Commerce Commission
The Commerce Commission has established information disclosure requirements for the country’s four main wholesalers of fibre services as part of the new regulatory regime taking effect from 1 January 2022. The regulated fibre wholesalers are Chorus, ... More >>
News Publishers’ Association Seeks Authorisation And Provisional Authorisation To Engage In Collective Bargaining
Thursday, 25 November 2021, 7:10 pm | Commerce Commission
News Publishers’ Association of New Zealand Incorporated seeks authorisation and provisional authorisation to engage in collective bargaining with Facebook and Google The Commerce Commission has received applications from News Publishers’ Association ... More >>
Provisional Authorisation Granted For NZ Tegel Growers Association To Engage In Collective Bargaining With Tegel Foods
Thursday, 25 November 2021, 4:38 pm | Commerce Commission
The Commerce Commission has provisionally authorised New Zealand Tegel Growers Association Incorporated (TGA) to collectively negotiate on behalf of its members the terms and conditions of its members’ supply of chicken growing services to Tegel Foods Limited ... More >>
The Secret To Shopping Success This Holiday Season
Monday, 22 November 2021, 12:21 pm | Commerce Commission
The Commerce Commission is sharing tips for shopping success to help consumers get genuinely good deals this holiday season. “With the Black Friday and Cyber Monday sales coming up soon, then Christmas and Boxing Day a month later, the secret to ... More >>
Statement Of Issues Released On Cargotec/Konecranes Clearance Application
Friday, 19 November 2021, 4:05 pm | Commerce Commission
The Commerce Commission has published a Statement of Issues relating to Cargotec Corporation’s application seeking clearance to acquire Konecranes Plc as part of a global merger. The Statement of Issues outlines the Commission’s potential issues ... More >>
Statement Of Preliminary Issues Released For Ampol / Z Clearance Application
Thursday, 18 November 2021, 8:13 pm | Commerce Commission
The Commerce Commission has published a statement of preliminary issues relating to an application from Ampol Limited (Ampol) seeking clearance to acquire 100% of the shares in Z Energy Limited (Z), subject to an undertaking from Ampol to sell ... More >>
Decarbonisation On Radar For Electricity Lines Companies, Commission Review Shows
Thursday, 18 November 2021, 8:31 am | Commerce Commission
New Commerce Commission analysis shows that nearly all of New Zealand’s 29 electricity lines companies have started to introduce policies and practices to prepare their electricity networks for the country’s transition to a low-carbon economy. The ... More >>
Commission Grants Clearance For EROAD To Acquire Coretex
Wednesday, 17 November 2021, 7:48 pm | Commerce Commission
The Commerce Commission has granted clearance to EROAD Limited (EROAD) to acquire all of the shares in Coretex Limited (Coretex). EROAD and Coretex both provide vehicle telematic solutions to customers in New Zealand, as well as in Australia and the ... More >>
Commission Clears Private Hospitals Merger Subject To Divestment
Wednesday, 17 November 2021, 4:00 pm | Commerce Commission
The Commission has given clearance to Pacific 2021 Bidco NZ Limited (Pacific 2021), which is part-owned by investment funds managed by Pacific Equity Partners (PEP), to acquire 100% of the shares in Pulse Health NZ Limited (Pulse) from Healthe Care ... More >>
Keeping It Real When Pricing Goods For Sale
Wednesday, 17 November 2021, 8:34 am | Commerce Commission
The Commerce Commission is reminding retailers about their obligations under the Fair Trading Act to make sure that bargains offered to shoppers provide real savings, ahead of this year’s Black Friday and Christmas season sales. Commission Chair ... More >>
