Commerce Commission - Latest News [Page 23]
Revenue Increase Granted For Electricity Lines Company Unison
Wednesday, 9 March 2022, 8:42 am | Commerce Commission
Unison Network Limited is set for an increase in its revenue limit to cover the $7.3 million cost of connecting its local electricity network to Contact Energy Limited’s Tauhara geothermal plant, after the project was found to meet criteria established ... More >>
Grocery Market Study Recommends Changes To Improve Competition And Benefit Consumers
Tuesday, 8 March 2022, 9:06 am | Commerce Commission
The Commerce Commission’s final report from its study into the retail grocery sector has recommended a suite of changes to increase competition and help improve the price, quality and range of groceries and services available to New Zealanders. ... More >>
Clearance Sought For Zenith Water / Waterlogic Merger
Wednesday, 2 March 2022, 4:39 pm | Commerce Commission
The Commerce Commission has received a clearance application from Osmosis Buyer Limited (Osmosis) to acquire Firewall Holdings S.À R.L (Firewall) as part of a global transaction. Osmosis’ New Zealand subsidiary, Zenith Heaters Limited (trading as ... More >>
Ampol/Z - Ampol Varies Clearance Application
Monday, 28 February 2022, 8:55 pm | Commerce Commission
Ampol has advised the Commerce Commission that it is varying the basis on which it seeks clearance for the acquisition of Z Energy. On 2 November 2021, Ampol sought clearance to acquire Z Energy subject to the divestment of Gull New Zealand Limited, ... More >>
Commission Seeks Feedback On Improving The Broadband Performance Programme
Wednesday, 23 February 2022, 10:14 am | Commerce Commission
The Commerce Commission is inviting feedback on enhancements to its Measuring Broadband New Zealand (MBNZ) programme. Telecommunications Commissioner Tristan Gilbertson said that, since it was launched in 2018, the current MBNZ programme has given consumers ... More >>
Commission Starts Review Of Regulatory Rules For Energy Networks And Airports
Wednesday, 23 February 2022, 9:56 am | Commerce Commission
The Commerce Commission has today published a notice of intention to start a review of the rules and processes that underpin its regulation of the energy and airports sectors under Part 4 of the Commerce Act. These input methodologies must be reviewed ... More >>
Competition Agencies Working Together To Identify Potential Cartel Conduct In Global Supply Chains
Friday, 18 February 2022, 9:33 am | Commerce Commission
The Commerce Commission has joined with international counterparts in a working group focussing on identification of potential cartel conduct in global supply chains. The working group includes the Australian Competition and Consumer Commission, Canadian ... More >>
TV Shop Fined For Extended Warranties Disclosure Failures
Tuesday, 15 February 2022, 10:04 am | Commerce Commission
Brand Developers Limited, trading as The TV Shop, has been fined $123,500 in the North Shore District Court following a Commerce Commission investigation into its sale of extended warranties. The company pleaded guilty after it failed to comply ... More >>
Statement Of Preliminary Issues Released For EBOS / LifeHealthcare
Monday, 14 February 2022, 8:13 pm | Commerce Commission
The Commerce Commission has published a statement of preliminary issues regarding the application from EBOS Medical Devices Australia Pty Limited to acquire the New Zealand LifeHealthcare business. The Statement outlines the key competition issues ... More >>
Petrol Stations Must Display Standard Prices Of All Engine Fuels Under New Rules
Friday, 11 February 2022, 11:09 am | Commerce Commission
New rules taking effect today will make fuel pricing more transparent for motorists, and enable the Commerce Commission to monitor and report on the competitive performance of fuel markets. Under the Fuel Industry Act 2020, petrol stations will be required ... More >>
Commission Proposes Changes For Gas Networks In Response To Expected Long-term Decline In Gas Use
Thursday, 10 February 2022, 9:38 am | Commerce Commission
The Commerce Commission is seeking views on its draft decision on the revenues that the country’s four gas pipeline businesses will be able to earn over the next four years and the quality standards they must meet. Under Part 4 of the Commerce Act, ... More >>
Country Of Origin Information Soon To Be Mandatory For Fresh And Thawed Foods
Wednesday, 9 February 2022, 11:11 am | Commerce Commission
New regulations taking effect this weekend will give consumers more information about where their food comes from. From 12 February 2022, businesses must comply with the new Consumer Information Standards (Origin of Food) Regulations that apply ... More >>
Statement Of Preliminary Issues Released For Life Health Foods / Chalmers Clearance Application
Tuesday, 8 February 2022, 4:50 pm | Commerce Commission
The Commerce Commission has published a statement of preliminary issues relating to an application from Life Health Foods NZ Limited seeking clearance to acquire the business and assets of Chalmers Organics Limited by way of a 100 percent asset ... More >>
Statement Of Preliminary Issues Released For Proposed Acquisition Of MBCC By Sika
Friday, 4 February 2022, 4:29 pm | Commerce Commission
The Commerce Commission has published a Statement of Preliminary Issues relating to the clearance application for Sika AG to acquire the MBCC Group. The Statement outlines the key competition issues that the Commission currently considers important ... More >>
Statement Of Preliminary Issues Released For Camplify’s Proposed Acquisition Of THL’s Mighway And SHAREaCAMPER
Thursday, 3 February 2022, 8:40 am | Commerce Commission
The Commerce Commission has published a statement of preliminary issues relating to an application from Camplify Co (NZ) Limited, a subsidiary of ASX-listed Camplify Holdings Limited, to acquire the New Zealand assets and business of Tourism Holdings ... More >>
Statement Of Preliminary Issues Released For Proposed THL/Apollo Merger
Friday, 28 January 2022, 8:50 pm | Commerce Commission
The Commerce Commission has published a statement of preliminary 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 & ... More >>
Statement Of Preliminary Issues Released For Vocus/2degrees Merger
Friday, 28 January 2022, 4:45 pm | Commerce Commission
The Commerce Commission has published a statement of preliminary issues on a clearance application relating to a transaction that would see the merger of the Vocus Group with 2degrees. The statement outlines the key competition issues that the Commission ... More >>
Commission Files Proceedings Against Software Company For Breach Of Commerce Act
Friday, 21 January 2022, 7:40 pm | Commerce Commission
The Commerce Commission has filed proceedings in the High Court in Wellington against software company Objective Corporation Limited (Objective) for contravening section 47 of the Commerce Act, which prohibits mergers which are likely to substantially ... More >>
EBOS Seeks Clearance To Acquire The New Zealand LifeHealthcare Business
Friday, 21 January 2022, 8:32 am | Commerce Commission
The Commerce Commission has received a clearance application in relation to the proposed acquisition by EBOS Medical Devices Australia Pty Limited (EBOS) of the New Zealand LifeHealthcare business. EBOS distributes human healthcare and animal ... More >>
Sika Seeks Clearance To Acquire MBCC Group
Tuesday, 18 January 2022, 3:12 pm | Commerce Commission
The Commerce Commission has received a clearance application for Sika AG to acquire the MBCC Group. Sika and MBCC manufacture and supply additives (known as "chemical admixtures") that are used to modify the performance characteristics of concrete, ... More >>
