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Commerce Commission - Latest News [Page 31]
Commission Files Proceedings Against Alleged Taxi Cartel
Tuesday, 4 May 2021, 1:52 pm | Commerce Commission
The Commerce Commission has filed proceedings at the High Court in Wellington against Hutt and City Taxis Limited (Hutt & City) for alleged price fixing. The Commission alleges Hutt & City contravened the Commerce Act by reaching a price-fixing ... More >>
Concrete Group Subsidiary Seeks Clearance To Acquire Drymix
Tuesday, 4 May 2021, 1:34 pm | Commerce Commission
The Commerce Commission has received a clearance application from Dunlop Drymix Limited, a subsidiary of the Concrete Group Limited, seeking clearance to acquire the assets and business of six companies that collectively trade in New Zealand as ... More >>
Revised Process For Implementing New Regulatory Regime For Chorus
Friday, 30 April 2021, 8:23 am | Commerce Commission
The Commerce Commission has released papers outlining its approach to determining Chorus’ initial price-quality regulatory asset base (PQ RAB) and price-quality path (PQ) under the new regulatory regime for fibre providers. Chorus’ PQ RAB is ... More >>
Commission Seeks Views On Regulatory Priorities For Energy Networks And Airports
Thursday, 29 April 2021, 8:35 am | Commerce Commission
The Commerce Commission has published an open letter canvassing views on how it should prioritise its regulatory work programme to help the energy and airport sectors address upcoming issues including New Zealand’s transition to a low-carbon economy ... More >>
Vodafone Found Guilty Of Misleading Conduct Over 'FibreX' Service
Wednesday, 28 April 2021, 4:55 pm | Commerce Commission
Vodafone NZ Limited has been found guilty of engaging in conduct that was liable to mislead consumers in relation to its FibreX branded broadband service. In a case brought by the Commerce Commission and heard last year, the Auckland District Court ... More >>
Statement Of Issues Released For Trade Me’s Application To Acquire Homes.co.nz
Saturday, 24 April 2021, 5:06 am | Commerce Commission
The Commerce Commission has released a statement of issues relating to Trade Me Limited’s application for clearance to acquire PropertyNZ Limited. PropertyNZ Limited owns and operates the homes.co.nz website, while Trade Me owns and operates the Trade ... More >>
Key Issues Identified For First Review Of Telco Dispute Resolution Scheme
Friday, 23 April 2021, 9:03 am | Commerce Commission
The Commerce Commission has published a paper outlining the key issues it intends to focus on for its first review of the Telecommunications Dispute Resolution Scheme (TDRS). The Commission is required to review the TDRS at least once every three years ... More >>
Statement Of Preliminary Issues Released For ASSA ABLOY NZ Limited / NZ Fire Doors Limited Clearance Application
Wednesday, 14 April 2021, 1:21 pm | Commerce Commission
The Commerce Commission (the Commission) has published a statement of preliminary issues relating to an application for clearance from ASSA ABLOY New Zealand Limited (Assa Abloy NZ) to acquire all of the shares in NZ Fire Doors Limited (NZFD). Both ... More >>
Latest Broadband Report Confirms Improved Performance Of Premium Fibre Plans
Tuesday, 13 April 2021, 9:18 am | Commerce Commission
The latest report from the Commerce Commission’s Measuring Broadband New Zealand programme shows that the performance of Fibre Max plans has improved substantially. This follows a collaboration between the Commission, its independent testing partner, ... More >>
Commission Issues Updated Cartel Leniency Policy
Friday, 9 April 2021, 9:21 am | Commerce Commission
The Commerce Commission has issued its revised cartel leniency and immunity policy and revised template leniency agreement. The cartel leniency and immunity policy has been updated to reflect changes to the Commission’s cartel leniency policy ... More >>
HP New Zealand’s Application Seeking Authorisation For Resale Price Maintenance In Relation To Its HP Online Stores
Thursday, 8 April 2021, 10:26 am | Commerce Commission
The Commerce Commission has published a statement of preliminary issues relating to an application from HP New Zealand (HP) seeking authorisation to engage in resale price maintenance (RPM) in relation to its proposed arrangements for its HP online ... More >>
Cartel Conduct Now Punishable By Up To 7 Years’ Jail Time
Thursday, 8 April 2021, 9:00 am | Commerce Commission
Cartel conduct can now be punished with a term of imprisonment of up to 7 years, after the Commerce (Criminalisation of Cartels) Amendment Act 2019 came into effect today. Cartel conduct includes price fixing, market allocation and bid rigging (see ... More >>
Commission Completes Review Of Consumer Mobile Phone Bills
Thursday, 1 April 2021, 1:01 pm | Commerce Commission
The Commerce Commission has published a letter confirming it has completed its review of consumer mobile phone bills along with updated analysis addressing feedback from the telecommunications industry. In September 2020, the Commission published an open ... More >>
Commission Decides On Aurora’s Investment Plan, Proposes Additional Accountability Measures
Wednesday, 31 March 2021, 9:33 am | Commerce Commission
The Commerce Commission has today released its final decision in response to Aurora Energy’s (Aurora) proposal to fix its electricity lines network in Dunedin, Central Otago, and Queenstown Lakes. In June 2020, Aurora applied for a customised price-quality ... More >>
Assa Abloy New Zealand Limited Seeks Clearance To Acquire Shares Of NZ Fire Doors Limited
Tuesday, 30 March 2021, 11:25 am | Commerce Commission
The Commerce Commission has received a clearance application from ASSA ABLOY New Zealand Limited (Assa Abloy NZ) to acquire all of the shares in NZ Fire Doors Limited (NZFD). Both Assa Abloy NZ and NZFD manufacture and supply fire-rated doors and windows ... More >>
Be Clear And Upfront About Surcharges This Easter Holiday
Tuesday, 30 March 2021, 10:43 am | Commerce Commission
As Easter approaches the Commerce Commission is reminding businesses that any surcharges added must be clearly disclosed and the reasons for the surcharge accurately described to avoid breaching the Fair Trading Act 1986. Commission Chair Anna Rawlings said ... More >>
Next Steps To Address Pain Points For Telecommunications Consumers
Tuesday, 30 March 2021, 9:27 am | Commerce Commission
The Commerce Commission has published a paper outlining the next steps towards improving consumer experience with providers of internet, landline and mobile phone services. Telecommunications Dispute Resolution Scheme figures show customer complaints about ... More >>
Commission Reconfirms Fibre Input Methodology For Cost Of Capital
Tuesday, 30 March 2021, 9:26 am | Commerce Commission
The Commerce Commission has today issued a letter to the telecommunications industry setting out its reasons for not reopening the fibre input methodology (IM) for cost of capital in light of the Covid-19 pandemic. The IMs are the upfront rules, requirements ... More >>
Commission Outlines Process For Review Of Telco Dispute Resolution Scheme
Monday, 29 March 2021, 9:02 am | Commerce Commission
The Commerce Commission has published two papers outlining the process for its review of the Telecommunications Dispute Resolution Scheme (TDRS). The Commission is required to review the TDRS every three years and to report on any recommendations for improving ... More >>
Commission Publishes Tools For Assessing 2020 Performance Of Local Electricity Lines Companies
Wednesday, 24 March 2021, 9:21 am | Commerce Commission
The Commerce Commission has today published performance information for regulated local lines companies for the year to 31 March 2020 as part of a suite of resources created to support the understanding of supplier performance. “Helping consumers, ... More >>
