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Commerce Commission - Latest News [Page 43]
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 >>
NZ broadband is delivering a great streaming experience
Thursday, 13 June 2019, 9:26 am | Commerce Commission
NZ broadband is delivering a great video streaming experience for consumers More >>
No further intervention for telco backhaul services
Tuesday, 11 June 2019, 9:34 am | Commerce Commission
The Commerce Commission has released its findings on backhaul services in New Zealand and is satisfied that while further regulatory intervention is not necessary at this time, it will continue to monitor backhaul prices and terms. More >>
MyRepublic warned over levy requirements
Monday, 10 June 2019, 9:03 am | Commerce Commission
The Commerce Commission has issued internet provider MyRepublic with a formal warning after it failed to meet its statutory obligations to provide information needed by the Commission to allocate the Telecommunications Development Levy (TDL). More >>
Torpedo7 (1-Day) and Container Door charged
Thursday, 6 June 2019, 12:08 pm | Commerce Commission
The Commerce Commission has laid Fair Trading Act charges against retailers Torpedo7 Limited (trading as 1-Day) and Container Door Limited for allegedly supplying bicycles without some information about the bicycles that should have been provided to consumers. More >>
Preliminary Issues released for Infratil/Vodafone
Thursday, 30 May 2019, 8:47 pm | Commerce Commission
The Commerce Commission has published a statement of preliminary issues relating to an application by Infratil Limited seeking clearance to acquire up to 50% of the shares in Vodafone New Zealand Limited. More >>
Draft decision on local electricity lines revenue
Wednesday, 29 May 2019, 8:43 am | Commerce Commission
The Commerce Commission has issued its draft decision on the default price-quality paths (DPPs) it is proposing to apply to 15 regulated electricity lines companies for the period 2020 – 2025. More >>
Commission warns Spark for misleading in-contract customers
Thursday, 23 May 2019, 10:47 am | Commerce Commission
Retail telecommunications provider Spark New Zealand Limited (Spark) has been warned by the Commerce Commission for likely breaching the law when it notified customers of a broadband price rise. More >>
Feedback sought on rules for fiber network
Tuesday, 21 May 2019, 9:37 am | Commerce Commission
Feedback sought on rules to underpin new regulatory regime for fibre networks More >>
Letter of Issues for Mainland Print’s acquisition of Inkwise
Monday, 20 May 2019, 4:31 pm | Commerce Commission
The Commerce Commission has sent a Letter of Issues to Mainland Print Limited in relation to its proposed acquisition of the heatset and coldset web offset printing assets of Inkwise Limited. More >>
Investigation into Bondor’s acquisition of Long Group closed
Monday, 20 May 2019, 2:00 pm | Commerce Commission
The Commerce Commission has closed its investigation into Bondor New Zealand’s acquisition of the assets of Long Holdings Limited, the Insulation Panel & Door Co Limited and Long Panel Limited (together, the Long Group). More >>
