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Commerce Commission - Latest News [Page 4]
Commission Grants Clearance For Sealord’s Proposed Acquisition Of Independent Fisheries
Monday, 13 November 2023, 9:16 pm | Commerce Commission
The Commerce Commission has granted clearance for Sealord Group Limited to acquire the fishing business of Independent Fisheries. In reaching its decision, the Commission considered the potential impact of the proposed acquisition on competition in the ... More >>
Statement Of Preliminary Issues Released For Kingspan’s Proposed Acquisition Of Conqueror
Monday, 13 November 2023, 5:48 pm | Commerce Commission
The Commerce Commission has published a statement of preliminary issues relating to an application from Kingspan Limited seeking clearance to acquire the insulated panel and insulation boards business of Conqueror New Zealand Limited. The statement ... More >>
Farmlands Co-operative Society Seeks Clearance To Acquire Seales Winslow
Thursday, 9 November 2023, 3:15 pm | Commerce Commission
The Commerce Commission has received an application from Farmlands Co-operative Society Limited seeking clearance to acquire 100% of the shares of Seales Winslow Limited. Both parties manufacture and distribute animal nutrition products, including ... More >>
Consumer And Economic Regulatory Authorities Form Network To Promote Well-functioning Markets In The Pacific
Monday, 6 November 2023, 3:11 pm | Commerce Commission
The Commerce Commission has joined competition, consumer protection, and economic regulators from across the Pacific to share intelligence, investigative techniques, and best practice in a newly formed initiative - the Pacific Island Network of Competition ... More >>
One NZ Seeks Clearance To Acquire Dense Air
Friday, 3 November 2023, 8:52 am | Commerce Commission
The Commerce Commission has received an application from One New Zealand Group Limited seeking clearance to acquire 100% of the shares in Dense Air New Zealand Limited from Dense Air Limited and SoftBank Corp. One NZ is one of New Zealand’s largest ... More >>
Commission Focussed On Ensuring Consumers Benefit From Large-scale Investment In Electricity Lines
Thursday, 2 November 2023, 9:17 am | Commerce Commission
The Commerce Commission will have a close eye on ensuring that the growing investment in electricity lines maximises benefits to Kiwi consumers – as the sector goes into a period of investment that is likely to total in the tens of billions over ... More >>
The Top 3 On The Grocery Commissioner’s Fix-it List
Monday, 30 October 2023, 12:04 pm | Commerce Commission
New Zealand’s grocery watchdog, Pierre van Heerden, has today revealed the ‘Top 3’ on his current fix-it list for the country’s $25 billion supermarket sector: Pricing integrity – misleading or inaccurate pricing by retailers; Supplier behaviour ... More >>
Statement of Preliminary Issues released for AlphaTheta’s proposed acquisition of Serato
Friday, 27 October 2023, 6:26 am | Commerce Commission
Issued 26 October 2023 The Commerce Commission has published a Statement of Preliminary Issues relating to an application from AlphaTheta Corporation seeking clearance to acquire Serato Audio Research Limited. The Statement outlines the key competition ... More >>
Commission Seeks Feedback On Draft Telecommunications Development Levy Allocation
Thursday, 26 October 2023, 10:29 am | Commerce Commission
The Commerce Commission has today released its draft decision on the allocation of payments for the Government’s $11.25 million Telecommunications Development Levy (TDL) for 2022/2023. The TDL is paid by providers with gross revenues in excess ... More >>
Kingspan Seeks Clearance To Acquire Conqueror
Thursday, 26 October 2023, 10:19 am | Commerce Commission
The Commerce Commission has received a clearance application from Kingspan Limited to acquire the insulated panel and boards business of Conqueror New Zealand Limited. The parties overlap in the supply of insulation boards and insulated panels in New ... More >>
Statement Of Issues Released For Proposed Queenstown Jet Boats Merger
Thursday, 19 October 2023, 3:17 pm | Commerce Commission
The Commerce Commission has published a statement of issues relating to an application from Ngāi Tahu Tourism Limited seeking clearance for itself (or a wholly-owned subsidiary) to acquire the tourism jet boating business trading as “KJet” and related assets ... More >>
AlphaTheta seeks clearance to acquire Serato
Wednesday, 11 October 2023, 7:53 pm | Commerce Commission
The Commerce Commission has received a clearance application from AlphaTheta Corporation (AlphaTheta), seeking clearance to acquire Serato Audio Research Limited (Serato). AlphaTheta and Serato are both active in DJ software. DJ software can be used for ... More >>
Commission Proposes To Authorise The Restrictions On The Advertising And Marketing Of Infant Formula
Wednesday, 11 October 2023, 4:47 pm | Commerce Commission
The Commerce Commission has reached a preliminary view that it should grant authorisation to the current and future members of the Infant Nutrition Council Limited (INC) to restrict their advertising and marketing of formula products for infants aged up ... More >>
Commission Grants Clearance For Real NZ To Acquire Spirit Of Queenstown
Monday, 9 October 2023, 1:33 pm | Commerce Commission
The Commerce Commission has granted clearance to Real Journeys Limited (trading as Real NZ) for itself (or any interconnected body-corporate) to acquire the vessel, the Spirit of Queenstown, and associated assets from Southern Discoveries Limited. ... More >>
Customers Refunded Nearly $480k In Settlement With ComCom
Wednesday, 27 September 2023, 10:28 am | Commerce Commission
A Commerce Commission investigation and subsequent High Court proceedings has resulted in more than 2,600 customers being refunded a total of nearly $480,000 after three companies, part of the Vocus Group, breached the Fair Trading Act. Commerce Commission ... More >>
Cyclone Impacts On Grid Highlights Importance Of Resilience Planning
Tuesday, 26 September 2023, 10:46 am | Commerce Commission
The Commerce Commission says the impacts on households and business customers from electricity outages following Cyclone Gabrielle highlight the need for a ‘new normal’ in asset management planning and investment strategies. Commissioner, Vhari McWha, ... More >>
Sealord Seeks Clearance To Acquire Independent Fisheries
Thursday, 21 September 2023, 3:32 pm | Commerce Commission
The Commerce Commission has received a clearance application from Sealord Group Limited (Sealord) seeking clearance to acquire the fishing business of Independent Fisheries. Under the proposed acquisition, Sealord would acquire 100% of the shares ... More >>
ComCom Calls For Telcos To Unpack Bundles Of ‘confusion’
Thursday, 21 September 2023, 9:33 am | Commerce Commission
The Commerce Commission has today released draft guidelines that would require telcos to unpack bundled offers so that Kiwi consumers can easily compare prices and make informed choices about the true value they offer. Telecommunications Commissioner, ... More >>
Commission Grants Clearance For Moana’s Proposed Acquisition Of Sanford’s North Island Inshore Fishing Business
Tuesday, 12 September 2023, 7:48 pm | Commerce Commission
The Commerce Commission has granted clearance for Aotearoa Fisheries Limited (trading as Moana New Zealand) to acquire Sanford Limited’s North Island inshore fishing business. Both Moana and Sanford operate inshore fishing businesses that supply fresh ... More >>
New ComCom Rankings Reveal Telcos With Best Customer Service
Thursday, 7 September 2023, 9:21 am | Commerce Commission
The Commerce Commission’s new mobile and broadband customer service rankings – published for the first time today – reveal how New Zealand’s major telecommunications providers rank across a range of key customer service indicators. Telecommunications ... More >>
