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Commerce Commission - Latest News [Page 52]
Biggest truck shop fine so far
Monday, 30 April 2018, 10:30 am | Commerce Commission
In the biggest fine so far handed down against a mobile trader, Mobile Shop Limited (Mobile Shop) has been fined $330,000 for breaches of consumer laws. The sentence brings the total fines handed down in 13 Commerce Commission prosecutions of mobile ... More >>
Feedback wanted on funding for future fibre regulation
Monday, 30 April 2018, 9:02 am | Commerce Commission
The Commerce Commission is seeking feedback from the telecommunications sector on the funding for its plan to implement new regulation for fibre networks. More >>
Study to improve understanding of fibre services
Friday, 27 April 2018, 9:32 am | Commerce Commission
The Commerce Commission has launched a study of fibre services, to help it prepare for future regulation of fibre networks. More >>
Charges filed against Noel Leeming
Friday, 27 April 2018, 9:30 am | Commerce Commission
The Commerce Commission has laid nine charges against retailer Noel Leeming Group Limited (Noel Leeming), for alleged misrepresentations about consumers’ rights under the Consumer Guarantees Act (CGA). More >>
First sentence handed down in steel mesh investigation
Thursday, 26 April 2018, 3:44 pm | Commerce Commission
Timber King Limited and NZ Steel Distributor Limited (NZSD) have been fined $400,950 for making false and misleading representations relating to their steel mesh products which are used to strengthen buildings. More >>
Commission files proceedings against Nelson pharmacy
Thursday, 26 April 2018, 1:15 pm | Commerce Commission
The Commerce Commission has filed civil proceedings in the Nelson High Court against Prices Pharmacy 2011 Limited and its directors for alleged price-fixing. More >>
Commission concerned about Auckland Airport's profits
Thursday, 26 April 2018, 9:37 am | Commerce Commission
Commission concerned Auckland Airport's profits may be too high The Commerce Commission is concerned Auckland International Airport’s profits may be too high over the period 1 July 2017 to 30 June 2022. More >>
Statement of Preliminary Issues released for Ingenico/Paymar
Monday, 23 April 2018, 11:49 am | Commerce Commission
The Commerce Commission has published a Statement of Preliminary Issues relating to an application by Ingenico Group SA (Ingenico) to acquire 100% of the shares in Paymark Limited (Paymark). More >>
Ingenico seeks clearance to acquire Paymark
Friday, 20 April 2018, 4:18 pm | Commerce Commission
The Commerce Commission has received a clearance application from Ingenico Group SA (Ingenico) to acquire 100% of the shares in Paymark Limited (Paymark). More >>
Competition concerns in office products market
Thursday, 19 April 2018, 10:11 am | Commerce Commission
Platinum Equity LLC (Platinum) has agreed to divest Winc NZ Limited (Winc) to address the Commerce Commission’s competition concerns regarding Platinum’s acquisition of OfficeMax Holdings Limited (OfficeMax). More >>
Charges against Vodafone for FibreX broadband advertising
Friday, 13 April 2018, 11:25 am | Commerce Commission
The Commerce Commission has laid 27 charges under the Fair Trading Act against Vodafone New Zealand Limited (Vodafone) for engaging in false and misleading conduct in relation to its FibreX broadband service. More >>
Commission releases telco market developments snapshot
Tuesday, 10 April 2018, 9:06 am | Commerce Commission
The paper provides a summary of key market developments in 2017, including: • consumers being offered increasingly diverse bundles of telco services including electricity or streaming video services, and large or unlimited data bundles for mobile phones ... More >>
Daiken cleared to acquire Dongwha's MDF wood products
Thursday, 29 March 2018, 10:37 am | Commerce Commission
The Commerce Commission has granted clearance for Daiken New Zealand to acquire 100% of the shares in Dongwha New Zealand Limited. More >>
Improvements to the rules for Transpower's investment
Thursday, 29 March 2018, 9:50 am | Commerce Commission
The Commerce Commission has today released its final decision on its review of the rules relating to Transpower’s investment in the national grid. More >>
$31 million earthquake readiness plan approved
Wednesday, 28 March 2018, 9:16 am | Commerce Commission
The Commerce Commission has approved Wellington Electricity’s application to invest an additional $31 million to improve its network’s resilience to a major earthquake. More >>
$1.27 billion major network upgrade for Powerco approved
Wednesday, 28 March 2018, 9:13 am | Commerce Commission
The Commerce Commission has approved an application by Powerco to spend $1.27 billion on a major network upgrade. More >>
Study to ensure regulation keeps pace with changes
Tuesday, 27 March 2018, 9:22 am | Commerce Commission
The Commerce Commission has confirmed the scope for its study into mobile telecommunications markets in New Zealand. More >>
Dishing up a surcharge with your hot cross bun
Monday, 26 March 2018, 11:51 am | Commerce Commission
With the Easter break around the corner, the Commerce Commission is reminding businesses that if they apply a surcharge it must be clearly and accurately disclosed to consumers. More >>
Commerce Commission appoints new Chief Executive
Thursday, 22 March 2018, 4:08 pm | Commerce Commission
Commerce Commission Chairman Dr Mark Berry today announced the appointment of Adrienne Meikle as Chief Executive of the Commerce Commission. Adrienne is currently Deputy Chief Executive, Corporate, Governance and Information group at the Ministry of Business, ... More >>
Rhone cleared to acquire swimming pool equipment company
Wednesday, 21 March 2018, 4:04 pm | Commerce Commission
Both businesses supply residential swimming pool equipment in New Zealand, with Rhone selling under the brand name Zodiac. More >>
