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Commerce Commission - Latest News [Page 44]
Infratil seeks clearance to acquire up to 50% Vodafone Stake
Friday, 17 May 2019, 4:50 pm | Commerce Commission
The Commerce Commission has received a clearance application from Infratil Limited seeking clearance to acquire up a to 50% interest in Vodafone New Zealand Limited. Brookfield Asset Management Inc will acquire the other 50% share of Vodafone. More >>
Commission closes investigation
Thursday, 16 May 2019, 12:55 pm | Commerce Commission
The Commerce Commission has closed its investigation into David Ferrier’s acquisition of a 70% equity interest in Cavalier Wool Holdings Limited as its concerns with the transaction have been addressed. More >>
Mobile competition trending in right direction
Thursday, 16 May 2019, 10:21 am | Commerce Commission
The Commerce Commission has today released the preliminary findings of its study into New Zealand’s mobile services market. More >>
Vodafone fined $350,000 for incorrectly billing customers
Wednesday, 1 May 2019, 3:05 pm | Commerce Commission
Vodafone fined $350,000 for billing customers after contracts finished More >>
CC grants clearance for GSK to acquire Pfizer’s healthcare
Tuesday, 30 April 2019, 5:02 pm | Commerce Commission
Commission grants clearance for GSK to acquire Pfizer’s consumer healthcare business More >>
Commission charges Farmland Foods for misleading customers
Friday, 26 April 2019, 12:24 pm | Commerce Commission
New Zealand smallgoods producer Farmland Foods is facing charges under the Fair Trading Act for allegedly misleading consumers about the place of origin of some of its ham products. More >>
CC grants clearance for Knauf and USG to merge
Thursday, 18 April 2019, 5:47 pm | Commerce Commission
Commerce Commission grants clearance for Knauf and USG to merge subject to a divestment More >>
Pipeline maintenance firm warned over price-fixing
Thursday, 18 April 2019, 9:25 am | Commerce Commission
Quik-Shot Limited and its director Raad Al-Karbouli have been issued formal warnings for price fixing conduct relating to pipe rehabilitation services in Christchurch. More >>
Fuel study working papers released
Thursday, 18 April 2019, 9:08 am | Commerce Commission
The Commerce Commission has today released two working papers outlining its approach to assessing profitability and the key focus areas it is considering in its study of New Zealand’s retail fuel markets. More >>
Commission recommends deregulating Spark’s resale copper
Wednesday, 17 April 2019, 9:37 am | Commerce Commission
The Commerce Commission has today released a draft report indicating its intention to recommend that Spark’s resale copper voice services be deregulated. More >>
Another toy safety fine, more guilty pleas
Tuesday, 16 April 2019, 10:01 am | Commerce Commission
A toy importer has been fined $20,000 and three other companies will soon be sentenced on toy safety related charges in the latest Commerce Commission prosecutions. More >>
Spark fined $675,000 for misleading consumers
Friday, 12 April 2019, 2:19 pm | Commerce Commission
Retail telecommunications provider Spark New Zealand Trading Limited (Spark) has been fined $675,000 for making false or misleading representations in its customer invoicing, and when making a $100 credit offer to new customers. More >>
Commission to appeal Viagogo injunction decision
Wednesday, 10 April 2019, 4:59 pm | Commerce Commission
The Commerce Commission is appealing the High Court’s decision declining to grant an interim injunction against online event ticket seller Viagogo. More >>
Home Funding Group charged over ‘saving’ claims
Wednesday, 10 April 2019, 9:48 am | Commerce Commission
The Commerce Commission has filed four charges under the Fair Trading Act 1986 against Home Funding Group Limited (HFG) and its sole director Luke Atkins. More >>
Spotlight on emerging contestable services
Tuesday, 2 April 2019, 9:40 am | Commerce Commission
The Commerce Commission and Electricity Authority have initiated a joint project to assess how new technologies and business models emerging in the electricity sector may benefit consumers in the future. More >>
Contact Energy charged over misleading promotion
Tuesday, 2 April 2019, 9:30 am | Commerce Commission
Electricity company Contact Energy Limited is facing seven charges under the Fair Trading Act for allegedly misleading customers in an advertising promotion which offered fuel discounts with AA Smartfuel alongside electricity plans, following a ... More >>
Preliminary Issues: Mainland Print Inkwise acquisition
Monday, 1 April 2019, 1:40 pm | Commerce Commission
The Commerce Commission has published a statement of preliminary issues relating to an application from Mainland Print Limited to acquire the heatset and coldset web offset printing assets of Inkwise Limited. More >>
Slingshot warned for misleading discount claims
Thursday, 28 March 2019, 1:10 pm | Commerce Commission
Callplus Services Limited, trading as Slingshot, has been warned by the Commerce Commission for likely breaching the Fair Trading Act in an online advertising campaign offering consumers a 10% discount for bundling broadband and electricity services. More >>
Three companies fined $150,000 for selling unsafe toys
Thursday, 28 March 2019, 10:46 am | Commerce Commission
Three companies have been fined a total of more than $150,000, in the latest Commerce Commission prosecutions for supplying toys which did not meet the mandatory safety standard for toys for children 36 months and under. More >>
Commission action seeks $680,000 for borrowers
Tuesday, 26 March 2019, 10:22 am | Commerce Commission
The Commerce Commission has filed High Court proceedings against finance company Linsa Finance Limited, seeking orders that it return costs of borrowing totalling about $680,000 for more than 1,700 loan contracts. More >>
