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Commerce Commission - Latest News [Page 4]
Westpac NZ Penalised $3.64 Million For Not Being A Responsible Lender, System Design Called ‘Foreseeably Deficient’
Friday, 28 November 2025, 12:17 pm | Commerce Commission
Commerce Commission Director, Credit Sarah Bartlett says by failing to invest in adequate systems and processes Westpac did not provide the required information to borrowers and guarantors to enable them to make informed decisions. More >>
Commission Proposes Stable Pricing Approach For Gas Pipelines
Thursday, 27 November 2025, 1:31 pm | Commerce Commission
Commissioner Vhari McWha says the decision to keep gas pipeline infrastructure revenues largely constant over the next five years should be viewed in a long-term context. More >>
Co-Operative Bank Admits Charging Unreasonable Fees, Remediates Thousands Of Customers $7.225 Million
Tuesday, 25 November 2025, 11:32 am | Commerce Commission
Commerce Commission Director, Credit Sarah Bartlett says banks have a responsibility to charge reasonably and customers should be able to trust that this is always the case. More >>
ComCom Takes Mobil To Court
Tuesday, 25 November 2025, 8:37 am | Commerce Commission
The Commission has filed proceedings in the High Court, alleging two ongoing breaches of section 16(1)(a) of the Act, one starting in November 2021, and the other in August 2022. More >>
Rafting JV Co Seeks Clearance To Acquire Assets Of Rotorua Rafting, Kaitiaki Adventures, And Kaituna Cascades
Thursday, 13 November 2025, 2:53 pm | Commerce Commission
The Commerce Commission has today published a statement of preliminary issues in relation to the application. More >>
Commerce Commission Declines Interim Authorisation For Banks To Collectively Negotiate Over Cash-In-Transit Services
Thursday, 13 November 2025, 8:44 am | Commerce Commission
The Commission is continuing to consider NZBA’s application for full authorisation and the decision on interim authorisation in this case should not be taken to indicate that the Commission will or will not grant the full requested authorisation. More >>
Commerce Commission Authorises Gentailers’ Application For Strategic Energy Reserve Huntly Firming Option
Thursday, 6 November 2025, 9:10 am | Commerce Commission
The proposed arrangements give Contact, Meridian and Mercury an option to access certain notional generation capacity from Genesis’ Rankine Units at the Huntly Power Station until 31 December 2035. More >>
Godfrey Hirst Seeks Clearance To Acquire Bremworth
Tuesday, 28 October 2025, 1:12 pm | Commerce Commission
The statement outlines the key competition issues that the Commission considers important in deciding whether to grant clearance to the proposed acquisition. More >>
‘Cheating The System’: Country’s First Criminal Prosecution For Cartel Conduct Sees Second Company Sentenced
Thursday, 23 October 2025, 3:57 pm | Commerce Commission
At today’s sentencing, Justice Sally Fitzgerald determined a fine of $595,000 would be appropriate for the second company involved, which has been granted interim name suppression. More >>
ComCom Cuts Through Confusion In Telecommunications Pricing
Thursday, 23 October 2025, 10:46 am | Commerce Commission
The guidelines require providers to state a monthly average price when this is different from the advertised price, and make standardised offer summaries available, so that consumers can more easily compare different offers. More >>
Viridian Withdraws Application To Acquire Metro Performance Glass
Monday, 20 October 2025, 6:34 pm | Commerce Commission
Viridian and Metro are involved in the processing and installation of glass across New Zealand, with plants in both Auckland and Christchurch. More >>
HelloFresh Guilty Of Misleading Subscriptions
Friday, 17 October 2025, 4:23 pm | Commerce Commission
Commerce Commission Deputy Chair Anne Callinan says the case highlights growing concerns around subscription-based services. More >>
Mobile Providers Deliver Clearer Coverage Maps And Exit Rights For Consumers
Thursday, 16 October 2025, 10:56 am | Commerce Commission
The Commission’s Retail Service Quality Manager Andrew Young said the industry has responded positively to Commission guidelines issued last year, with providers now standardising their coverage maps and offering stronger protections for consumers. More >>
Aramex And GoSweetSpot Settle Civil Proceedings For Cartel Conduct Brought By Commerce Commission
Tuesday, 14 October 2025, 11:54 am | Commerce Commission
The Commission and each of Aramex and GoSweetSpot have agreed settlements to resolve the separate proceedings. A penalty hearing will be scheduled for each shortly. More >>
Bricklayers Given Warnings After Commerce Commission Investigation Into Suspected Cartel Conduct
Monday, 6 October 2025, 11:16 am | Commerce Commission
Commerce Commission chairman Dr John Small says such discussions, particularly when specific pricing is disclosed, can lead to cover pricing, which is a form of bid-rigging. More >>
ComCom Action Halts Car Seat Sales At PD Mart Over Safety Concerns
Friday, 3 October 2025, 11:35 am | Commerce Commission
Competition, Fair Trading, and Credit General Manager Vanessa Horne says when safety is at risk, the Commission acts swiftly and decisively to protect consumers using the tools it has available. More >>
Commission Issues Draft Determination Proposing Authorisation Of Gentailers’ Application
Tuesday, 30 September 2025, 9:52 am | Commerce Commission
Commerce Commission Associate Commissioner Nathan Strong says the proposed arrangements provide Genesis with an economic incentive to maintain Rankine Unit 2, a gas/coal-fired unit at Huntly Power Station, for use as ‘dry year cover’. More >>
Statement Of Issues Released For Kegstar’s Proposed Acquisition Of Konvoy
Thursday, 25 September 2025, 3:35 pm | Commerce Commission
The Commission was scheduled to make a decision by 19 September 2025, however an extension of time has been agreed between the Commission and Kegstar. More >>
Commerce Commission Alleges Cartel Activity Involving Significant Players In Christchurch Real Estate Market
Tuesday, 23 September 2025, 11:46 am | Commerce Commission
Commerce Commission Chair Dr John Small says because the franchisees competed with each other for customers, entering into agreements that affected the prices they charged customers - including commission rates - constitutes alleged cartel conduct ... More >>
Commerce Commission Welcomes Enhanced Focus On Competition
Tuesday, 16 September 2025, 9:41 am | Commerce Commission
“The changes will allow us to accelerate and deepen the direction we are taking to enhancecompetition in the economy, and improve choice and quality for New Zealanders,” says DrJohn Small, Chair of the Commerce Commission. More >>
