Commerce Commission - Latest News [Page 52]
Chorus network capacity to continue to grow to meet need
Tuesday, 14 March 2017, 8:55 am | Commerce Commission
The Commerce Commission has today released the final decision in its review of the non price features of the Unbundled Bitstream Access (UBA) service. More >>
Rapid Loans to refund over $1 million in unreasonable fees
Tuesday, 7 March 2017, 11:57 am | Commerce Commission
Internet-based lender Rapid Loans NZ Limited has agreed to compensate borrowers approximately $1.4 million following a Commerce Commission investigation into unreasonable fees. More >>
Commission issues warning over chicken size representations
Tuesday, 7 March 2017, 9:43 am | Commerce Commission
Poultry producers Inghams Enterprises (NZ) PTY Limited (Inghams) and Tegel Foods Limited (Tegel) have been issued with warnings by the Commerce Commission over packaging representations about the size of chickens. More >>
Clearance for sprinkler inspection merger declined
Friday, 3 March 2017, 5:23 pm | Commerce Commission
The Commerce Commission has declined to grant clearance for Aon New Zealand to acquire the fire sprinkler and alarm inspection business of Fire Protection Inspection Services Limited. More >>
First jail sentence in Commerce Commission case
Friday, 3 March 2017, 3:44 pm | Commerce Commission
Vikram Mehta, owner of mobile trader Flexi Buy Limited (Flexi Buy), has today been sentenced in the Auckland District Court to two years imprisonment after taking money from customers without intending to supply goods as promised. More >>
Vero seeks clearance to acquire Tower
Friday, 3 March 2017, 11:35 am | Commerce Commission
The Commerce Commission has received a clearance application from Vero Insurance New Zealand Limited to acquire up to 100% of the shares in Tower Limited. More >>
Commission declines clearance for Vodafone/Sky merger
Thursday, 23 February 2017, 9:11 am | Commerce Commission
The Commerce Commission has declined to grant clearance for the proposed merger of Sky Network Television and Vodafone New Zealand. More >>
Judge criticises mobile trader for targeting the vulnerable
Wednesday, 22 February 2017, 12:56 pm | Commerce Commission
Mobile trader Bestdeals 4 You Limited (Bestdeals) has been fined $47,250 in the Auckland District Court for failing to disclose key consumer information about its credit contracts and layby sales agreements. More >>
Bike Barn fined $800k for misleading pricing
Friday, 10 February 2017, 4:44 pm | Commerce Commission
Bike Retail Group Limited and Bikes International Limited, the joint operators of Bike Barn in New Zealand, have today been fined $800,000 in the Auckland District Court. More >>
Revenues and quality standards for gas pipeline services
Friday, 10 February 2017, 9:36 am | Commerce Commission
The Commerce Commission has released its draft decisions on the default price-quality paths (DPP) for gas pipeline services. These paths set the revenues and minimum quality standards that four gas distributors and one gas transmission business must comply ... More >>
Commission files charges against Appenture Marketing
Wednesday, 8 February 2017, 1:19 pm | Commerce Commission
The Commerce Commission has filed 24 charges against Appenture Marketing Ltd for failing to provide consumers with key contract information and for making false and misleading representations to consumers about their rights. More >>
Charges filed against Bunnings for misleading advertising
Wednesday, 8 February 2017, 10:23 am | Commerce Commission
Commission confirms charges filed against Bunnings for misleading advertising The Commerce Commission has filed 45 charges in Auckland District Court against Bunnings (NZ) Limited alleging it misled consumers by advertising the prices of its goods ... More >>
$1m penalty for misleading Nurofen specific pain range claim
Friday, 3 February 2017, 4:24 pm | Commerce Commission
Reckitt Benckiser (New Zealand) Limited (RBNZ) has been fined $1.08 million today in the Auckland District Court for 10 charges relating to its Nurofen specific pain range products. The products include Nurofen Migraine Pain, Nurofen Tension Headache, ... More >>
Mobile trader pleads guilty to disclosure failures
Wednesday, 25 January 2017, 11:37 am | Commerce Commission
Mobile trader Best Buy Limited (Best Buy) has pled guilty to 16 charges relating to the operation of its door-to-door sales business in Auckland and smaller North Island towns. More >>
Baby City sentenced for two non-compliant cots
Friday, 20 January 2017, 10:12 am | Commerce Commission
Baby City Retail Investments Limited (Baby City) has been fined $39,000 in the Auckland District Court for six charges relating to selling cots which failed to comply with the packaging and labelling requirements of the safety standard for household cots ... More >>
Regulation of Spark’s wholesale voice services under review
Thursday, 22 December 2016, 8:54 am | Commerce Commission
The Commerce Commission has completed its investigation of whether to recommend to the Minister for Communications that Spark’s wholesale voice services provided on copper lines should be deregulated. More >>
Charges filed over ‘made in New Zealand’ claims
Tuesday, 20 December 2016, 10:32 am | Commerce Commission
Topline International Limited (Topline) and its director Jeffrey Bernard Cook each face 22 charges brought by the Commission for falsely representing that its NatureBee Potentiated Bee Pollen (NatureBee) supplement was a New Zealand made and sourced ... More >>
Review of rules for regulated electricity, gas, airport
Tuesday, 20 December 2016, 9:34 am | Commerce Commission
Commission releases final decisions on review of rules for regulated electricity, gas and airport services More >>
Godfreys fined for extended warranty agreements it sold
Monday, 19 December 2016, 3:12 pm | Commerce Commission
New Zealand Vacuum Cleaner Company Limited (trading as Godfreys) was today fined $58,000 in the Manukau District Court after earlier pleading guilty to 10 charges relating to its extended warranty agreements. More >>
Real estate agency to pay $1 million for price fixing
Monday, 19 December 2016, 11:36 am | Commerce Commission
Hamilton real estate agency Lugton’s Limited has been ordered to pay a penalty of $1 million following a penalty hearing in the Auckland High Court on Friday 16 December. More >>