Commerce Commission - Latest News [Page 2]

First areas identified for copper telco transition

Thursday, 19 December 2019, 8:49 am | Commerce Commission

The Commerce Commission has published an interactive map showing its initial assessment of locations where Chorus will eventually be able to stop providing copper services, such as landlines and ADSL or VDSL broadband, because fibre is available. More >>

Mylan N.V. and Upjohn Inc. seek clearance to merge

Wednesday, 18 December 2019, 4:31 pm | Commerce Commission

The Commerce Commission has received a clearance application from Mylan N.V. and Upjohn Inc. to merge their global pharmaceutical businesses. Upjohn is a wholly owned subsidiary of Pfizer Inc. More >>

Property Brokers to acquire Farmland’s real estate business

Wednesday, 18 December 2019, 12:24 pm | Commerce Commission

The Commerce Commission has granted clearance for Property Brokers Limited to acquire the West Coast real estate business and property management business of Farmlands Real Estate Limited and Farmlands Real Estate Property Management Limited (together ... More >>

Campervan renters to be refunded over “$0 liability” damage

Wednesday, 18 December 2019, 11:00 am | Commerce Commission

Campervan rental company Travellers Autobarn Limited will refund more than $40,000 to affected consumers and provide better information about options for customers to reduce their liability in the event of damage, after signing court enforceable ... More >>

Fibre 100 broadband plans deliver great internet experience

Tuesday, 17 December 2019, 8:34 am | Commerce Commission

The Commerce Commission’s latest Measuring Broadband New Zealand report, from independent testing partner SamKnows, shows that Fibre 100 broadband plans are offering high speeds and reliable internet performance across all tested providers and regions. More >>

Juice Technologies seeks clearance to acquire APT Childcare

Monday, 16 December 2019, 2:45 pm | Commerce Commission

The Commerce Commission has received a clearance application from Juice Technologies Pty Limited to acquire APT Business Solutions Limited, trading as APT Childcare. More >>

Clearance for Cardrona to acquire Treble Cone

Friday, 13 December 2019, 3:46 pm | Commerce Commission

The Commerce Commission has granted clearance for Cardrona Alpine Resort Limited to acquire either the shares of Treble Cone Investments Limited or the assets it uses to operate the Treble Cone ski field. More >>

Debt collector warned for likely harassment, coercion

Friday, 13 December 2019, 9:17 am | Commerce Commission

An account director of a debt collection company and the company have both been warned by the Commerce Commission over information given to debtors and for conduct which the Commission considers was likely to be harassment and/or coercion. More >>

CC releases final report on Fonterra’s Milk Price Manual

Thursday, 12 December 2019, 9:31 am | Commerce Commission

The Commerce Commission today released its final report on its annual review of Fonterra’s farm gate Milk Price Manual for the 2019/20 dairy season (Manual). The final report builds on our previous reviews of the Manual. More >>

Final decision on telco providers' levy contributions

Thursday, 12 December 2019, 8:39 am | Commerce Commission

The Commerce Commission has released its final decision on how much 16 telecommunications providers will each pay towards the Government’s $50 million Telecommunications Development Levy (TDL) for 2018/19. It has also issued a consultation document on ... More >>

Hamilton finance company warned over car loan, repossession

Tuesday, 10 December 2019, 1:52 pm | Commerce Commission

The Commerce Commission has warned Hamilton-based WeCare Finance Limited that, in the Commission’s view, it likely breached the lender responsibility principles of the Credit Contracts and Consumer Finance Act 2003 (CCCFA) by failing to make ... More >>

Court fines GO Healthy for misleading ‘NZ Made’ claims

Tuesday, 10 December 2019, 10:21 am | Commerce Commission

Health supplements seller GO Healthy New Zealand Ltd has been fined $337,500 in the Auckland District Court for misleading consumers by claiming its supplements were “made in New Zealand”, when the key ingredients in the majority of its products ... More >>

I’m dreaming of a fairly-priced Christmas

Monday, 9 December 2019, 12:14 pm | Commerce Commission

Sleigh bells may not be ringing much in New Zealand but shopping till bells certainly are, and the Commerce Commission is dreaming of a fairly-priced Christmas for consumers. More >>

Proceedings filed against container depot company

Friday, 6 December 2019, 9:33 am | Commerce Commission

The Commerce Commission has filed High Court proceedings alleging Specialised Container Services (Christchurch) Limited (SCS Christchurch) and its director Grant Tregurtha attempted to engage in price fixing with one of its competitors. More >>

Study recommends changes to benefit competion

Thursday, 5 December 2019, 8:33 am | Commerce Commission

The Commerce Commission has released its final report into the retail fuel market and has recommended changes to stimulate competition and benefit consumers. More >>

Preliminary Issues Statement released for Property Brokers

Thursday, 28 November 2019, 4:55 pm | Commerce Commission

The Commerce Commission has published a statement of preliminary issues relating to an application from Property Brokers Limited to acquire the West Coast real estate business and property management business of Farmlands Real Estate Limited and Farmlands ... More >>

Final decision on the default price-quality paths

Wednesday, 27 November 2019, 9:12 am | Commerce Commission

The Commerce Commission has released its final decision on the default price-quality paths (DPPs) which apply to 15 of New Zealand’s regulated electricity lines companies for the period 2020-2025. More >>

Property Brokers seeks to acquire Farmland business

Monday, 25 November 2019, 2:43 pm | Commerce Commission

The Commerce Commission has received a clearance application from Property Brokers Limited to acquire the West Coast real estate business and property management business of Farmlands Real Estate Limited and Farmlands Real Estate Property Management Limited ... More >>

Consumer complaints to Commission leap 20%

Thursday, 21 November 2019, 10:07 am | Commerce Commission

Consumer complaints to the Commerce Commission increased more than 20% in the 2018/19 year, to nearly 9,000. More >>

Torpedo7 fined $80K for selling bikes with no front brakes

Tuesday, 19 November 2019, 1:56 pm | Commerce Commission

Torpedo7 fined $80K for selling bikes with no front brakes Sports goods retailer Torpedo7 Limited (trading as  1-day.co.nz ) has been fined $80,000 on two charges under the Fair Trading Act 1986, relating to its supply of bicycles without front ... More >>

   

 

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