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Commerce Commission - Latest News [Page 20]
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 >>
Commission Pushes For Easier Mobile And Broadband Comparisons
Wednesday, 12 October 2022, 11:42 am | Commerce Commission
The Commerce Commission is seeking feedback on proposals that would make it easier for Kiwi consumers to compare telecommunications products and providers. Telecommunications Commissioner, Tristan Gilbertson, says the difficulty of comparing plans and providers ... More >>
Garden Bag Businesses Warned Over Unrequested Goods And Services
Thursday, 6 October 2022, 12:39 pm | Commerce Commission
Five garden bag brands (Gabco Garden Bags and Bins, The Garden Bag Company, Manukau Garden Bins, Clippa Garden Bags and Bins and Greenfingers Garden Bags) have been warned for potentially creating the impression that customers were required to pay ... More >>
Final Decision Values Chorus Regulated Asset Base At $5.4 Billion
Thursday, 6 October 2022, 8:53 am | Commerce Commission
The Commerce Commission (the Commission) has today issued its final decision on the value of the assets Chorus uses for delivering regulated fibre services to New Zealand consumers. This is known as the Regulatory Asset Base (RAB). The Commission ... More >>
Commission Warns The Better Packaging Co For Attempted Customer Allocation
Wednesday, 5 October 2022, 2:00 pm | Commerce Commission
The Commerce Commission has issued warnings to The Better Packaging Co Limited (Better Packaging) and one of its directors, Rebecca Percasky, following an investigation into an attempted customer allocation agreement in the fast-growing sustainable packaging ... More >>
Wellington Airport’s Target Return And Risk Allocation Are Generally Appropriate Given COVID-19 Impacts
Wednesday, 28 September 2022, 9:05 am | Commerce Commission
The Commerce Commission has today confirmed that Wellington Airport’s pricing decisions and allocation of risk are generally appropriate after considering external factors including the impacts of COVID-19 on its customers. The Commission has considered ... More >>
THL Cleared To Acquire Apollo Subject To Divestment
Friday, 23 September 2022, 2:42 pm | Commerce Commission
The Commerce Commission has granted clearance for THL Group (Australia) Pty Limited (THL), a subsidiary of Tourism Holdings Limited, to acquire 100% of the shares in Apollo Tourism & Leisure Limited (Apollo) (Proposed Acquisition). The clearance ... More >>
Commission Cracks Down On Sales Practices That Mislead Online Shoppers
Wednesday, 14 September 2022, 5:09 pm | Commerce Commission
The Commerce Commission has issued a formal warning to online gift-box retailer, Occasion Box , for making false and unsubstantiated claims that were likely to mislead online shoppers on its website between May and December 2021. This follows the sentencing ... More >>
