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Commerce Commission - Latest News [Page 25]
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 >>
Statement Of Preliminary Issues Released For Proposed Acquisition Of Jurox By Zoetis
Friday, 12 November 2021, 1:54 pm | Commerce Commission
The Commerce Commission has published a Statement of Preliminary Issues relating to the clearance application from Zoetis Inc. seeking clearance to acquire Betrola Pty Limited. Betrola owns the Jurox group of companies. The Statement outlines the ... More >>
Commission Recommends Improvements To Telco Dispute Resolution Scheme
Thursday, 11 November 2021, 8:34 am | Commerce Commission
The Commerce Commission has issued a final report recommending a range of improvements to the Telecommunications Dispute Resolution Scheme (TDRS) so that it delivers better outcomes for consumers and the industry. The service was created more than a decade ... More >>
Commission Releases Report On Motor Vehicle Financing And Add-on Products
Wednesday, 10 November 2021, 9:17 am | Commerce Commission
Today the Commerce Commission has released a report following its review of motor vehicle financing and related add-on products. The Commission looked at add-on products sold alongside motor vehicles that were bought on finance. The add-ons were paid ... More >>
Commission Seeks Feedback On Draft Telecommunications Development Levy Allocation
Tuesday, 9 November 2021, 8:36 am | Commerce Commission
The Commerce Commission has today released its draft decision on the allocation of payments for the Government’s $10 million Telecommunications Development Levy (TDL) for 2020/21 among providers of telecommunications services. The TDL is paid ... More >>
Commission Directs Telco Industry To Create Marketing Code To Reduce Consumer Confusion
Monday, 8 November 2021, 9:21 am | Commerce Commission
The Commerce Commission has instructed the telecommunications industry to develop a marketing code that ensures consumers receive all the information they need from telco providers to make informed choices about the technology options and plans that ... More >>
Commission Clears Allied Foods To Buy Dad’s Pies
Wednesday, 3 November 2021, 3:21 pm | Commerce Commission
The Commerce Commission has granted clearance to Allied Foods (N.Z.) Limited (Allied Foods) acquiring all of the shares of Dad’s Pies Limited (DPL). Both Allied Foods (though its subsidiary George Weston Foods (NZ) Limited (GWF)) and DPL manufacture ... More >>
Ampol Seeks Clearance To Acquire Z
Tuesday, 2 November 2021, 7:31 pm | Commerce Commission
The Commerce Commission has received a clearance application from Ampol Limited (Ampol) seeking clearance to acquire 100% of the shares in Z Energy Limited (Z). As part of the application, Ampol has offered an undertaking to sell its Gull business, ... More >>
Zoetis Seeks Clearance To Acquire Animal Healthcare Rival Jurox
Friday, 29 October 2021, 3:09 pm | Commerce Commission
The Commerce Commission has received a clearance application from Zoetis Inc. (Zoetis) seeking clearance to acquire Betrola Pty Limited, which owns the Jurox group of companies (Jurox). Zoetis is a global animal healthcare company that develops, manufactures ... More >>
