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Commerce Commission - Latest News [Page 57]
Have your say on Powerco’s proposal to spend $1.32 billion
Friday, 18 August 2017, 9:42 am | Commerce Commission
Have your say on Powerco’s proposal to spend $1.32 billion on its lines network More >>
Commission issues warnings to GSK and AFT
Wednesday, 16 August 2017, 12:50 pm | Commerce Commission
The Commerce Commission has warned Glaxosmithkline Consumer Healthcare New Zealand Limited (GSK) and AFT Pharmaceuticals Limited (AFT) that the companies’ product packaging and marketing representations for some Voltaren, Panadol and Maxiclear ... More >>
Draft Report on Fonterra’s Base Milk Price Calculation
Tuesday, 15 August 2017, 10:12 am | Commerce Commission
The Commerce Commission has today released its draft report on Fonterra’s base milk price calculation for the 2016/17 dairy season. More >>
Truck shop sentenced for “incomprehensible” contracts
Monday, 14 August 2017, 1:57 pm | Commerce Commission
Auckland truck shop Zee Shop Limited (Zee Shop) has been fined $108,000 for providing contracts which included “incomprehensible” clauses. More >>
Four telcos warned by Commission
Monday, 14 August 2017, 12:54 pm | Commerce Commission
The Commerce Commission has sent warning letters to four telecommunication companies about specific conduct that the Commission considers breached the Fair Trading Act. More >>
Real estate agency fined $1 million for price fixing
Wednesday, 9 August 2017, 9:43 am | Commerce Commission
Hamilton real estate agency Online Realty Limited (trading under the Ray White banner) has been ordered to pay a penalty of $1.05 million for its part in a national anti-competitive price fixing case. More >>
Statement of Preliminary Issues on Essilor/Luxottica
Wednesday, 2 August 2017, 6:21 pm | Commerce Commission
Statement of Preliminary Issues released for Essilor/Luxottica The Commerce Commission has published a statement of preliminary issues relating to the proposed global merger of Essilor International (Compagnie Générale d’Optique) S.A. and Luxottica Group ... More >>
Commission declines Vero clearance to acquire Tower
Wednesday, 26 July 2017, 8:48 am | Commerce Commission
The Commerce Commission has declined to grant clearance to Vero Insurance New Zealand Limited to acquire up to 100% of the shares in Tower Limited. More >>
Statement of Preliminary Issues Released for Trade Me Ltd
Tuesday, 25 July 2017, 9:38 am | Commerce Commission
The Commerce Commission has published a statement of preliminary issues relating to Trade Me Limited’s (Trade Me) proposed acquisition of up to 100% of the shares in Limelight Software Limited, trading as Motorcentral. More >>
Commission releases 2017/18 priorities
Thursday, 20 July 2017, 12:16 pm | Commerce Commission
The Commerce Commission have released its priority focus areas for the upcoming year publicly for the first time. More >>
Retailer sold unsafe toys and children’s nightwear
Tuesday, 18 July 2017, 9:26 am | Commerce Commission
Low-cost retailer The 123 Mart Limited (123 Mart) has been found guilty in the Auckland District Court on 17 charges under the Fair Trading Act. More >>
Healthcare NZ/Geneva Healthcare Group
Friday, 14 July 2017, 2:20 pm | Commerce Commission
The Commerce Commission has published a Statement of Preliminary Issues relating to Healthcare of New Zealand Holdings Limited (Healthcare NZ) proposed acquisition of Geneva Healthcare Limited and its related companies. More >>
Commission warns NZers to avoid Gifting Circle schemes
Friday, 14 July 2017, 1:16 pm | Commerce Commission
The Commerce Commission is advising all New Zealanders to avoid involvement in Women’s Gifting Circles as it considers them to be illegal pyramid schemes. More >>
Fines reach nearly $900,000 in mobile trader prosecutions
Wednesday, 12 July 2017, 1:37 pm | Commerce Commission
Two mobile traders have been fined a total of more than $183,000 and been ordered to return nearly $71,000 in fees to their customers. More >>
Trade Me seeks clearance to acquire Motorcentral
Wednesday, 12 July 2017, 11:28 am | Commerce Commission
The Commerce Commission has received a clearance application from Trade Me Limited (Trade Me) to acquire up to 100% of the shares in Limelight Software Limited, trading as Motorcentral. More >>
Essilor and Luxottica seek clearance for global merger
Monday, 10 July 2017, 4:09 pm | Commerce Commission
The Commerce Commission has received a clearance application from Essilor International (Compagnie Générale d’Optique) S.A. and Luxottica Group S.p.A relating to the global merger of the two parties. More >>
Vector to return $13.9m to Auckland electricity consumers
Friday, 7 July 2017, 2:52 pm | Commerce Commission
Electricity lines company Vector will return $13.9 million to Auckland electricity consumers after it accepted it had breached its regulated price path by recovering more revenue than it was entitled to in the 2014 and 2015 financial years. More >>
Statement of Preliminary Issues for Tronox/Cristal merger
Friday, 7 July 2017, 11:49 am | Commerce Commission
The Commerce Commission has published a Statement of Preliminary Issues relating to Tronox Limited’s proposed acquisition of National Titanium Dioxide Company Ltd (Cristal). More >>
‘Toothpick’ pistol crossbows illegal in New Zealand
Monday, 3 July 2017, 3:33 pm | Commerce Commission
The Commerce Commission is advising those selling ‘mini’ or ‘toothpick’ pistol crossbows that these products are likely to be covered by an unsafe goods notice and cannot be sold in New Zealand. More >>
Commission issues credit fee guidelines
Friday, 30 June 2017, 2:00 pm | Commerce Commission
The Commerce Commission has today released its Consumer Credit Fees Guidelines , to provide guidance for lenders in setting credit fees. More >>
