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Commerce Commission - Latest News [Page 54]
Commission proposes to decline NZME/Fairfax merger
Tuesday, 8 November 2016, 9:57 am | Commerce Commission
The Commerce Commission has today published its draft determination on NZME and Fairfax’s application under the Commerce Act seeking authorisation to merge their media operations in New Zealand. The Commission’s preliminary view is that it should decline to ... More >>
Commission proposes to continue telephone number portability
Thursday, 3 November 2016, 11:37 am | Commerce Commission
The Commerce Commission has today released a draft determination proposing to continue the regulation of number portability services for both local and mobile telephone numbers for another five years. Number portability enables a customer to switch telecommunications ... More >>
Draft decision on $50m liability allocation
Monday, 31 October 2016, 9:14 am | Commerce Commission
The Commerce Commission today released its draft decision about how much 15 telecommunications providers will pay towards the $50 million Telecommunications Development Levy (TDL) for 2015/16. More >>
Letter of Unresolved Issues for Vodafone/Sky merger
Monday, 31 October 2016, 8:54 am | Commerce Commission
The Commerce Commission has today sent a Letter of Unresolved Issues to Vodafone and Sky television in relation to their proposed merger. More >>
Expedia and Booking.com amend parity contract clauses
Friday, 28 October 2016, 4:32 pm | Commerce Commission
Expedia and Booking.com will amend price and availability parity clauses in their contracts with New Zealand accommodation providers to resolve a Commerce Commission investigation. More >>
Commission clears rendering merger
Friday, 21 October 2016, 11:40 am | Commerce Commission
The Commerce Commission has given clearance to the Wallace Group Limited Partnership to acquire up to 100% of the assets and business of Wallace Corporation Limited, Farm Brands Limited (and related companies) and Keep It Clean Limited. More >>
Landfill application from Nelson and Tasman Councils
Thursday, 20 October 2016, 5:09 pm | Commerce Commission
The Commerce Commission has received a joint application from the Nelson City Council and the Tasman District Council to form a business unit to operate the two landfills in the Nelson-Tasman region. More >>
Ninth mobile trader charged as clampdown continues
Tuesday, 18 October 2016, 2:04 pm | Commerce Commission
Mobile trader, Bestdeals 4 You Limited (Bestdeals) today pleaded guilty to 19 charges brought by the Commerce Commission relating to the layby sales agreements and consumer credit contracts it offered customers. More >>
Yoghurt Story fined for false claims
Friday, 14 October 2016, 11:21 am | Commerce Commission
Yoghurt Story New Zealand Limited and Frozen Yoghurt Limited have been sentenced and fined in the Auckland District Court for misleading the public about the nature and characteristics of their frozen yoghurt products. More >>
Draft report on Fonterra’s 2016/17 Milk Price Manual
Friday, 14 October 2016, 9:29 am | Commerce Commission
The Commerce Commission today released its draft report on its annual statutory review of Fonterra’s Milk Price Manual for the 2016/17 dairy season. The Commission’s draft finding is that the 2016/17 Manual is largely consistent with the purpose of ... More >>
Warning about phone survey scam
Monday, 10 October 2016, 11:22 am | Commerce Commission
The Commerce Commission is warning New Zealanders about being cold-called by a company called Li Bai Corporation, as it is believed to be a scam. More >>
Commission obtains highest penalties yet against traders
Thursday, 6 October 2016, 10:55 am | Commerce Commission
Mobile traders Ace Marketing Limited and Smart Shop Limited (trading as SmartStore) have been fined $150,000 and $135,000 respectively after being sentenced in the Auckland District Court. More >>
Sales Concepts admits false Christmas delivery promise
Wednesday, 28 September 2016, 11:06 am | Commerce Commission
Mobile trader Sales Concepts Limited (Sales Concepts) has pleaded guilty to 10 charges in the Auckland District Court brought by the Commerce Commission under the Fair Trading Act 1986 (FTA) for misleading consumers. More >>
Commission releases 2016 Consumer Issues Report
Tuesday, 27 September 2016, 11:50 am | Commerce Commission
The Commerce Commission has released its 2016 Consumer Issues Report, presenting a picture of issues affecting New Zealand consumers. More >>
Charges laid over Nurofen specific pain range painkillers
Monday, 26 September 2016, 10:35 am | Commerce Commission
Reckitt Benckiser (New Zealand) Limited (RBNZ) faces 10 charges brought by the Commission alleging it misled the public about the nature, characteristics and suitability of its Nurofen specific pain range products. More >>
Commission recommends deregulating wholesale voice services
Friday, 23 September 2016, 9:28 am | Commerce Commission
The Commerce Commission has today released a report for consultation indicating its intention to recommend to the Minister for Communications that Spark’s resale voice services be deregulated. More >>
Trustpower fined $390k over misleading broadband offer
Thursday, 22 September 2016, 3:26 pm | Commerce Commission
Trustpower Limited has been fined $390,000 in the Auckland District Court after pleading guilty to misleading consumers over the price and terms of its bundled electricity and unlimited data broadband offer. More >>
Final report on review of Fonterra’s base price calculation
Thursday, 15 September 2016, 9:24 am | Commerce Commission
The Commerce Commission today released its final report on Fonterra’s base milk price calculation for the 2015/16 dairy season. The Commission’s view, after considering submissions on the draft report released last month, is that Fonterra’s calculation ... More >>
Vodafone fined $165k for false price representations
Wednesday, 14 September 2016, 4:12 pm | Commerce Commission
Vodafone New Zealand Limited has today been fined $165,000 in the Auckland District Court after pleading guilty to making false price representations in breach of the Fair Trading Act. More >>
Boehringer Ingelheim cleared to acquire Merial from Sanofi
Wednesday, 14 September 2016, 11:05 am | Commerce Commission
The Commerce Commission has given clearance to Boehringer Ingelheim International GmbH to acquire 100% of the shares and assets in Merial, the animal health business of Sanofi S.A. More >>
