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Commerce Commission - Latest News [Page 40]
Commission demystifying broadband for New Zealanders
Friday, 2 November 2018, 12:22 pm | Commerce Commission
The Commerce Commission has today released three videos to help New Zealanders navigate the often complex world of broadband options. More >>
Ingenico granted clearance to acquire Paymark
Friday, 2 November 2018, 8:55 am | Commerce Commission
The Commerce Commission has granted clearance to Ingenico Group SA to acquire 100% of the shares of Paymark Limited. More >>
Commission reports on Christchurch and Auckland Airports
Thursday, 1 November 2018, 9:04 am | Commerce Commission
The Commerce Commission has released its final reports on Christchurch and Auckland Airports’ pricing decisions for the period 1 July 2017 to 30 June 2022. More >>
Company fined for taking security over prohibited items
Wednesday, 31 October 2018, 10:29 am | Commerce Commission
Finance company Aotea Finance (West Auckland) Limited (Aotea West Auckland) has been fined $48,750 for taking security over prohibited items such as beds and cooking equipment. More >>
Siemens seeks clearance to combinewith Alstom
Friday, 26 October 2018, 3:48 pm | Commerce Commission
The Commerce Commission has received a clearance application from Siemens A.G. to combine its rail mobility business with Alstom S.A. More >>
WORLD accepts breach of inaccurate NZ made labelling law
Friday, 26 October 2018, 10:57 am | Commerce Commission
Designer and retailer WORLD has entered into enforceable undertakings with the Commerce Commission after accepting the Commission’s view that labelling on some imported clothing was liable to mislead consumers about the place of origin of the clothing. More >>
Draft decision on contributions to $50 million levy
Friday, 26 October 2018, 9:46 am | Commerce Commission
The Commerce Commission today released its draft determination on how much 17 telecommunications providers will each pay towards the Government’s $50 million Telecommunications Development Levy (TDL) for 2017/18. More >>
Setting Transpower’s price-quality path
Thursday, 25 October 2018, 9:11 am | Commerce Commission
The Commerce Commission is seeking early views on its proposed process, framework and approach for setting national grid operator Transpower’s next price-quality path. More >>
Steel & Tube fined $1.885 million for misrepresentations
Wednesday, 24 October 2018, 2:39 pm | Commerce Commission
Steel & Tube Holdings Limited (Steel & Tube) has been fined a record $1.885 million for breaching the Fair Trading Act by making false and misleading representations about its steel mesh products which are used in construction to provide strength ... More >>
HRV fined over water filter claims
Tuesday, 23 October 2018, 12:30 pm | Commerce Commission
HRV Clean Water Limited (HRV) has been fined $440,000 after pleading guilty to making unsubstantiated claims about the benefits of its water filters and for making misleading claims about the quality of New Zealand’s home water supply. The fine was issued ... More >>
Commission opens investigation into wool scouring
Thursday, 18 October 2018, 12:20 pm | Commerce Commission
The Commerce Commission has opened an investigation into David Ferrier’s acquisition through a holding company of a 70% equity interest in wool scourer Cavalier Wool Holdings Limited. More >>
Debt collection industry on notice about misleading tactics
Thursday, 18 October 2018, 10:31 am | Commerce Commission
The Commission is reminding debt collectors of their legal obligation to avoid misrepresenting consumers’ rights, as it warns one business about its conduct. More >>
Car dealership and owner fined for CGA misrepresentations
Wednesday, 17 October 2018, 12:30 pm | Commerce Commission
An Auckland car dealership and its owner have been fined a total of $12,000 on 16 charges under the Fair Trading Act. More >>
Commerce Commission closes investigation into acquisition
Monday, 15 October 2018, 9:53 am | Commerce Commission
The Commerce Commission has closed its investigation into Fulton Hogan’s acquisition of Stevenson Group Limited’s construction materials business as its concerns with the transaction have been addressed. More >>
Commission releases draft report on Fonterra’s Milk Manual
Monday, 15 October 2018, 9:23 am | Commerce Commission
Commission releases draft report on Fonterra’s 2018/19 Milk Price Manual The Commerce Commission today released its draft report on its annual review of Fonterra’s Milk Price Manual for the 2018/19 dairy season. More >>
Statement of Preliminary Issues for DLF/PGW Seeds merger
Thursday, 11 October 2018, 10:43 am | Commerce Commission
Statement of Preliminary Issues released for DLF/PGW Seeds merger The Commerce Commission has published a statement of preliminary issues relating to the proposed acquisition of PGG Wrightson Seeds Holdings Limited by DLF Seeds A/S. More >>
Transpower’s Wellington conductor replacement approved
Wednesday, 10 October 2018, 2:22 pm | Commerce Commission
The Commerce Commission has formally approved $23.5 million for Transpower to replace the conductors (overhead wires) and strengthen the structures of a 9.5km section of its high voltage direct current (HVDC) transmission network in Wellington. More >>
Commission warning on responsible lending requirements
Wednesday, 10 October 2018, 1:19 pm | Commerce Commission
The Commerce Commission has issued a warning to Rapid Loans NZ Limited (Rapid Loans) about a loan it issued to a vulnerable borrower. More >>
Electricity lines companies disclose their investments
Wednesday, 10 October 2018, 10:04 am | Commerce Commission
The Commerce Commission has released information on the type and level of investment lines companies are making in emerging technologies. More >>
Commission files proceedings against Vector
Wednesday, 10 October 2018, 9:09 am | Commerce Commission
The Commerce Commission will today file civil proceedings in the High Court at Auckland seeking financial penalties against electricity lines company Vector for breaching its network quality standards. More >>
