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Commerce Commission - Latest News [Page 25]
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 >>
Camplify Seeks Clearance To Acquire THL’s Mighway And SHAREaCAMPER
Tuesday, 11 January 2022, 7:35 pm | Commerce Commission
The Commerce Commission has received a clearance 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 Limited’s (THL’s) peer-to-peer ... More >>
Clearance Sought For Vocus / 2degrees Merger
Monday, 10 January 2022, 3:01 pm | Commerce Commission
The Commerce Commission has received an application for clearance in relation to a transaction that would see the merger of the Vocus Group with 2degrees. Vocus and 2degrees are both telecommunications providers that primarily supply retail fixed ... More >>
Life Health Foods Seeks Clearance To Acquire Chalmers Organics
Friday, 24 December 2021, 2:54 am | Commerce Commission
The Commerce Commission has received a clearance application from Life Health Foods NZ Limited to acquire the business and assets of Chalmers Organics Limited by way of a 100 percent asset purchase. Life Health Foods and Chalmers Organics both supply ... More >>
Statement Of Issues Released For Ampol / Z Clearance Application
Thursday, 23 December 2021, 7:18 pm | Commerce Commission
The Commerce Commission has published a statement of 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 its Gull business either ... More >>
Statement Of Issues Released For Proposed Acquisition Of Jurox By Zoetis
Thursday, 23 December 2021, 3:15 pm | Commerce Commission
The Commerce Commission has published a Statement of 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 of Issues outlines the Commission’s ... More >>
Statement Of Issues Released For Anytime NZ Limited’s Collaborative Activity Clearance Application
Wednesday, 22 December 2021, 12:30 pm | Commerce Commission
The Commerce Commission has published a Statement of Issues relating to the application by Anytime NZ Limited (Anytime NZ) for clearance under section 65A of the Commerce Act 1986 for proposed agreements with its franchisees. The proposed agreements contain ... More >>
Statement Of Preliminary Issues Released For NPA’s Application Seeking Authorisation For Collective Bargaining
Tuesday, 21 December 2021, 7:28 pm | Commerce Commission
Statement of Preliminary Issues released for News Publishers’ Association’s application seeking authorisation for collective bargaining The Commerce Commission has published a statement of preliminary issues relating to an application from the ... More >>
Commission Files Proceedings Against Alleged International Freight Forwarding Cartels
Monday, 20 December 2021, 2:03 pm | Commerce Commission
The Commerce Commission has filed civil proceedings in the High Court against two international freight forwarding companies, Mondiale Freight Services Limited (Mondiale) and Oceanbridge Shipping Limited (Oceanbridge), and four individuals associated with ... More >>
Court Grants Declarations That Moola’s Google Ads Agreements Breached Commerce Act
Monday, 20 December 2021, 12:03 pm | Commerce Commission
The High Court has granted the declarations sought by the Commerce Commission that Moola.co.nz Limited (Moola) engaged in cartel conduct relating to online advertising. The cartel conduct involved Moola reaching agreements with other consumer credit ... More >>
Refunds Sought For Customers After Failure To Disclose Early Termination Fees
Monday, 20 December 2021, 9:09 am | Commerce Commission
The Commerce Commission has filed proceedings at the High Court in Auckland against Callplus Services Limited, Orcon Limited and Switch Utilities Limited – all subsidiaries of the Australian Vocus Group Limited. The companies supply power and broadband services ... More >>
Consumer Complaints Continue To Add Value
Friday, 17 December 2021, 10:21 am | Commerce Commission
The latest snapshot of consumer complaints to the Commerce Commission shows little variation in the number of complaints, down just 22 from 9,892 in the year to 30 June 2020 to 9,870 in the year to 30 June 2021. The Commission releases the annual ... More >>
Commission Establishes Maximum Revenues And Quality Standards For Chorus Under New Fibre Regulatory Regime
Thursday, 16 December 2021, 9:15 am | Commerce Commission
New maximum revenue and quality standards for Chorus announced by the Commerce Commission today are aimed at a smooth transition of prices into the new regulatory regime and locking in the quality that New Zealanders have come to expect from their fibre services. ... More >>
Natural Gas Pipeline Reliability Maintained, Profits Not Excessive, Analysis Shows
Wednesday, 15 December 2021, 8:38 am | Commerce Commission
Profits per customer declined for regulated gas pipeline businesses over the seven years to 2020, according to analysis by the Commerce Commission. As detailed in a new Commission report, Trends in gas pipeline business performance , the average ... More >>
Commission Releases Final Report On Fonterra's 2021/22 Milk Price Manual
Wednesday, 15 December 2021, 8:27 am | Commerce Commission
The Commerce Commission today published its final report on its annual review of Fonterra’s Milk Price Manual for the 2021/22 dairy season. There is not enough depth in the market for milk supplied to processors in New Zealand to establish a ... More >>
Taranaki By-Products Withdraws Application To Increase Its Shareholding In Tuakau Proteins Limited
Tuesday, 14 December 2021, 7:03 pm | Commerce Commission
Taranaki By-Product Limited has formally withdrawn its application to the Commerce Commission for clearance for it, or a related company, to increase its shareholding in Tuakau Proteins Limited. Subsequent to the application being filed, a fire destroyed ... More >>
