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Commerce Commission - Latest News [Page 22]
Statement Of Preliminary Issues Released For Fletcher/Tumu ITM Application
Tuesday, 5 April 2022, 8:46 pm | Commerce Commission
The Commerce Commission has published a statement of preliminary issues relating to an application from Fletcher Distribution Limited (FDL) seeking clearance to acquire the six ITM stores, and a frame and truss manufacturing plant, from Tumu Merchants ... More >>
Commission Signals Approach For Next Stage Of Study Into Residential Building Supplies
Thursday, 31 March 2022, 3:40 pm | Commerce Commission
The Commerce Commission has today released a paper providing more detail about its approach and the next steps for its market study into competition in the residential building supplies sector. In November 2021, the Government asked the Commission to ... More >>
EBOS Cleared To Acquire The New Zealand LifeHealthcare Business
Wednesday, 30 March 2022, 7:55 pm | Commerce Commission
The Commerce Commission has granted clearance to EBOS Medical Devices Australia Pty Limited (EBOS) in relation to its proposed acquisition of the New Zealand LifeHealthcare business. Both EBOS and LifeHealthcare are distributors of medical equipment and ... More >>
Cargotec Withdraws Application To Acquire Konecranes
Wednesday, 30 March 2022, 5:47 pm | Commerce Commission
Cargotec Corporation has formally withdrawn its application to the Commerce Commission for clearance to acquire Konecranes Plc. The Commission had been scheduled to make a decision on Cargotec’s clearance application by 28 April 2022. Background Both ... More >>
Statement Of Preliminary Issues Released For Zenith Water / Waterlogic Merger
Tuesday, 29 March 2022, 4:41 pm | Commerce Commission
The Commerce Commission has published a statement of preliminary issues relating to an application from Osmosis Buyer Limited (Osmosis) to acquire all of the shares in Firewall Holdings S.À R.L (Firewall) as part of a global transaction. Osmosis ... More >>
Continuation Of Provisional Authorisation For New Zealand Tegel Growers Association To Collectively Negotiate With Tegel
Friday, 25 March 2022, 12:44 pm | Commerce Commission
In September 2021 the New Zealand Tegel Growers Association Incorporated (TGA) applied for authorisation for its members to engage in collective bargaining with Tegel Foods Limited. In November 2021 the Commission granted provisional authorisation for collective ... More >>
Commission Clears Camplify To Acquire THL’s Mighway And SHAREaCAMPER
Friday, 25 March 2022, 9:47 am | Commerce Commission
The Commerce Commission has cleared Camplify Co (NZ) Limited, a subsidiary of ASX-listed Camplify Holdings Limited, to acquire the New Zealand assets and business of Tourism Holdings Limited’s (THL’s) peer-to-peer motorhome and campervan rental platforms, ... More >>
Statement Of Preliminary Issues Released For Lineage Logistics’ Proposed Acquisition Of Cold Storage Nelson
Thursday, 24 March 2022, 10:00 am | Commerce Commission
The Commerce Commission has published a Statement of Preliminary Issues relating to the clearance application for Lineage Logistics New Zealand (Lineage) to acquire Cold Storage Nelson Limited (CSN). The Statement outlines the key competition issues ... More >>
Speed Boost Confirmed For New Zealand's Most Popular Fibre Broadband Plans
Thursday, 24 March 2022, 9:34 am | Commerce Commission
Download speeds have tripled for consumers on New Zealand’s most popular fibre broadband plans, the Commerce Commission confirms. In November 2021, fibre wholesalers, including Chorus, began offering increased speeds of 300 Mbps on 100 Mbps wholesale ... More >>
Statement Of Issues Released For Life Health Foods / Chalmers
Wednesday, 23 March 2022, 5:16 pm | Commerce Commission
The Commerce Commission has published a statement of issues relating to an application from Life Health Foods NZ Limited seeking clearance to acquire the business and assets of Chalmers Organics Limited. The Statement of Issues outlines the Commission’s ... More >>
Statement Of Issues Released For Life Health Foods / Chalmers
Wednesday, 23 March 2022, 4:29 pm | Commerce Commission
The Commerce Commission has published a statement of issues relating to an application from Life Health Foods NZ Limited seeking clearance to acquire the business and assets of Chalmers Organics Limited. The Statement of Issues outlines the Commission’s ... More >>
Information Disclosed By Local Electricity Lines Companies - Targeted Review Begins
Wednesday, 23 March 2022, 9:41 am | Commerce Commission
The Commerce Commission has kicked off a targeted review of the information that New Zealand’s 29 regional electricity lines companies are required to disclose to the public. This information relates to the performance of regional electricity ... More >>
Fletcher Seeks Clearance To Acquire Tumu ITM
Tuesday, 22 March 2022, 7:50 pm | Commerce Commission
The Commerce Commission has received a clearance application in relation to a proposed acquisition by Fletcher Distribution Limited (FDL) to acquire the six ITM stores, and a frame and truss manufacturing plant from Tumu Merchants Limited (Tumu). The ... More >>
Businesses Warned About The Consequences Of Cartels
Monday, 21 March 2022, 10:37 am | Commerce Commission
Businesses are being reminded that agreements they reach with their competitors can result in imprisonment, in the latest education campaign from the Commerce Commission. The ‘Scene of a Crime’ campaign shows examples of situations where competitors ... More >>
New Zealanders Are Switched On When It Comes To Telecommunications
Thursday, 17 March 2022, 9:23 am | Commerce Commission
New Zealanders know what they like when it comes to telecommunications, and they like new technology, and the ability to use it flexibly. “Kiwis are enthusiastic adopters of telecommunications technology,” said Telecommunications Commissioner ... More >>
Commission Grants Clearance For Ampol To Acquire Z Subject To Divestment Of Gull
Wednesday, 16 March 2022, 8:02 pm | Commerce Commission
The Commerce Commission has granted clearance for Ampol Limited to acquire 100% of the shares in Z Energy Limited. The clearance is subject to an undertaking from Ampol to sell Gull (Divestment Undertaking). “The Commission is satisfied that, ... More >>
Commission Grants Clearance For Vocus/2degrees Merger
Tuesday, 15 March 2022, 10:05 am | Commerce Commission
The Commerce Commission has granted clearance to a transaction that would see the merger of the Vocus Group with 2degrees. In reaching its decision, the Commission considered the potential impact of the proposed merger on competition in retail and ... More >>
Statement Of Issues Released For Proposed THL/Apollo Merger
Friday, 11 March 2022, 8:45 am | Commerce Commission
The Commerce Commission has published a statement of issues relating to an 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. ... More >>
Transpower Issued With Compliance Advice Following Commission Investigation
Thursday, 10 March 2022, 9:39 am | Commerce Commission
The Commerce Commission has issued Transpower New Zealand Limited (Transpower) with a compliance advice letter after an investigation into its contraventions of quality standards for the 2018, 2019 and 2020 years. The quality standards are set under ... More >>
Statement Of Unresolved Issues Released For Proposed Acquisition Of Jurox By Zoetis
Wednesday, 9 March 2022, 2:32 pm | Commerce Commission
The Commerce Commission has published a Statement of Unresolved Issues relating to the application from Zoetis Inc. seeking clearance to acquire Betrola Pty Limited. Betrola owns the Jurox group of companies. The Statement of Unresolved Issues outlines ... More >>
