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Commerce Commission - Latest News [Page 35]
Commission releases draft report on retail fuel market
Tuesday, 20 August 2019, 8:49 am | Commerce Commission
The Commerce Commission has identified several factors it considers are affecting competition in New Zealand’s retail fuel market, which may mean consumers are currently paying higher pump prices for petrol and diesel than could be expected in a competitive ... More >>
Commission alleges irresponsible lending by Pretty Penny
Monday, 12 August 2019, 1:01 pm | Commerce Commission
Commission alleges irresponsible lending by Pretty Penny The Commerce Commission has commenced High Court proceedings against Quadsaa Pty Ltd (trading as Pretty Penny and PPL) alleging that it has breached the lender responsibility principles contained ... More >>
Farmland Foods fined $180,000 for misleading customers
Tuesday, 30 July 2019, 6:49 pm | Commerce Commission
Farmland Foods fined $180,000 for misleading customers about country of origin New Zealand smallgoods producer Farmland Foods has been fined $180,000 in the Palmerston North District Court for misleading consumers about the place of origin of some of ... More >>
Commission files charges against Global Fibre8 and owner
Tuesday, 30 July 2019, 4:11 pm | Commerce Commission
Commission files charges against Global Fibre8 and owner Tangi Tuake The Commerce Commission has filed a total of eight representative charges against building product company Global Fibre8 Limited and its sole director and shareholder Tangi Tuake. More >>
Commission releases 2019/20 priorities
Thursday, 25 July 2019, 10:07 am | Commerce Commission
Speaking at the Commission’s competition and regulation conference, Competition Matters 2019, in Auckland today, Chair Anna Rawlings said there were four broad groups of priorities for the Commission this year – enduring priorities, focus areas, ... More >>
$45K fine for supplying unsafe toy pig
Monday, 22 July 2019, 10:33 am | Commerce Commission
Importer and wholesaler 1st Mart Limited (First Mart) has been fined $45,000 for supplying unsafe toys. More >>
Finance company to refund customers $2.7 million
Wednesday, 17 July 2019, 10:37 am | Commerce Commission
Nearly $2.7 million will be credited or refunded to thousands of borrowers following a settlement with the Commerce Commission. More >>
Telecommunications providers face charges
Wednesday, 17 July 2019, 9:29 am | Commerce Commission
The Commerce Commission has laid 13 charges against retail telecommunications providers CallPlus Services Limited (trading as Slingshot), Flip Services Limited and Orcon Limited, alleging the companies made false representations in invoices they sent ... More >>
Rental booking platform charged with misleading consumers
Tuesday, 16 July 2019, 11:00 am | Commerce Commission
Holiday rental-accommodation management and booking company Bachcare is facing two charges under the Fair Trading Act for allegedly misleading consumers by manipulating online reviews posted by users of its accommodation services. More >>
Police respond to water rescue incident in Far North
Thursday, 11 July 2019, 1:27 pm | Commerce Commission
Police and emergency services are responding to a water rescue incident in the Hokianga Harbour, in the Far North District. More >>
Commission files proceedings against Westpac
Thursday, 11 July 2019, 1:18 pm | Commerce Commission
The Commerce Commission has filed High Court proceedings today against Westpac New Zealand Limited (Westpac). More >>
Clearance for Infratil to acquire shares in Vodafone
Thursday, 11 July 2019, 9:22 am | Commerce Commission
The Commerce Commission has granted clearance for Infratil Limited to acquire up to 50% of the shares in Vodafone New Zealand Limited. More >>
2 Cheap Cars fined for “blatantly untrue" document
Wednesday, 10 July 2019, 10:16 am | Commerce Commission
Used motor vehicle dealer 2 Cheap Cars Limited has been fined $438,000 for its use of “warranty waiver” documents and for its "liquidation sale" and “84% off” advertising claims. More >>
Commission alleges irresponsible lending by Moola
Monday, 8 July 2019, 11:32 am | Commerce Commission
The Commerce Commission is to commence High Court proceedings against NZ Fintech Limited (trading as Moola) alleging that it has breached the lender responsibility principles contained in the Credit Contracts and Consumer Finance Act 2003 (CCCFA). More >>
Commission files proceedings against Real Finance over fees
Friday, 28 June 2019, 8:58 am | Commerce Commission
Commission files proceedings against Real Finance over unreasonable fees The Commerce Commission has filed civil proceedings in the High Court at Wellington against finance company Real Finance Limited. More >>
Mainland to acquire printing assets of Inkwise
Thursday, 27 June 2019, 9:27 am | Commerce Commission
The Commerce Commission has granted clearance for Mainland Print Limited to acquire the heatset and coldset web offset printing assets of Inkwise Limited. More >>
“Lotsa Goodies”-linked company fined over unsafe toys
Thursday, 27 June 2019, 9:23 am | Commerce Commission
Toy importer and retailer 2 Boys Trading Limited (2 Boys) has been fined $74,250 on 13 toy safety-related charges under the Fair Trading Act 1986, after a Commerce Commission investigation. More >>
Milfos to pay $825,000 in price-fixing case
Tuesday, 25 June 2019, 10:02 am | Commerce Commission
GEA Milfos International Limited (Milfos) has been ordered to pay a penalty of $825,000 in the Auckland High Court after admitting it engaged in price-fixing with competitor Dairy Automation Limited (DAL) between at least October 2012 and September 2014. ... More >>
Consumer likes and dislikes with phone and broadband service
Tuesday, 25 June 2019, 9:37 am | Commerce Commission
The Commerce Commission wants to hear what New Zealanders like and dislike about their phone and broadband experience. More >>
Whanganui finance company to return $400K to borrowers
Wednesday, 19 June 2019, 10:34 am | Commerce Commission
Whanganui company Finance Ezi Limited (trading as Ezi Finance) will return just over $400,000 to current and former borrowers following a settlement agreement with the Commerce Commission. More >>
