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Commerce Commission - Latest News [Page 58]
Cooperation arrangement with Canadian Competition Bureau
Wednesday, 13 April 2016, 11:48 am | Commerce Commission
Commerce Commission Chairman Dr Mark Berry has today signed a mutual cooperation arrangement with Canadian Competition Bureau Commissioner John Pecman to further enhance their collaboration on cross-agency competition matters. More >>
Commission begins consultation on review
Thursday, 7 April 2016, 1:15 pm | Commerce Commission
The Commerce Commission has today released a consultation document on the non-price terms of the Unbundled Bitstream Access (UBA) Standard Terms Determination (STD). The paper seeks views on the key issues the Commission intends to address in the ... More >>
Update on steel mesh investigation
Thursday, 7 April 2016, 11:05 am | Commerce Commission
The Commerce Commission welcomes Steel & Tube’s decision not to sell SE seismic steel mesh until the mesh has been through a dual testing process and the company has test results that demonstrate compliance with the standard. More >>
Christchurch car finance company to repay customers
Wednesday, 6 April 2016, 11:56 am | Commerce Commission
The Commerce Commission has reached a settlement with motor vehicle lender, Dealer Finance Limited (Dealer Finance), to pay back or credit at least $440,000 to customers who were overcharged interest on their loans from 2005. More >>
Commission will not undertake gas metering inquiry
Friday, 1 April 2016, 11:00 am | Commerce Commission
The Commerce Commission has decided against initiating an inquiry into whether gas metering services should be regulated at this time. More >>
Commission releases research on business mobile market
Thursday, 31 March 2016, 10:06 am | Commerce Commission
The Commerce Commission has today released independent research aimed at providing greater insight into the factors affecting competition in the high value business segment of the mobile market. More >>
Warning to Phil & Teds over safety concerns with teddy bears
Tuesday, 29 March 2016, 12:56 pm | Commerce Commission
Phil and Teds Most Excellent Buggy Company Limited (Phil & Teds) have been issued with a warning by the Commerce Commission after 10 of its teddy bears were tested and did not comply with the prescribed product safety standard for children’s toys. More >>
Commission clears Spark’s acquisition of 2300MHz spectrum
Thursday, 24 March 2016, 9:16 am | Commerce Commission
The Commerce Commission has given clearance for Spark New Zealand Limited to acquire the management rights to 70MHz of radio spectrum in the 2300MHz band from Craig NZ and Woosh NZ. More >>
Surcharges must be disclosed to avoid misleading customers
Wednesday, 23 March 2016, 2:54 pm | Commerce Commission
As Easter approaches, the Commerce Commission is reminding businesses that if they choose to charge additional surcharges, these must be clearly disclosed and the reasons for the surcharge accurately described to avoid breaching the Fair Trading Act. More >>
Insufficient disclosure results in over $100,000 in refunds
Thursday, 17 March 2016, 11:47 am | Commerce Commission
Payday lender, Cash in a Flash, has refunded customers or reduced customer account balances by a total of $122,365 after the Commerce Commission warned it was likely to have breached consumer credit laws. More >>
Jetstar gives undertakings to end opt out pricining
Thursday, 17 March 2016, 11:14 am | Commerce Commission
Jetstar has given court enforceable undertakings to the Commerce Commission ending its preselection of ‘opt out’ services when selling airline tickets to New Zealand customers online. More >>
Zodiac car dealership in court for false claim
Tuesday, 8 March 2016, 12:38 pm | Commerce Commission
South Auckland motor vehicle dealer, Zodiac Motor Company Limited (Zodiac), and its owner Nezam Anwer appeared in Manukau District Court today on charges for false representations about its AA Appraised Used Vehicle Dealer membership. More >>
New animations campaign aims to empower borrowers
Monday, 7 March 2016, 2:12 pm | Commerce Commission
The Commerce Commission has today launched an original animated series to raise awareness of consumer rights. It’s All Good features New Zealand’s sharpest legal advisor Aunty and her nephew Herman Faleafa, with their debut appearance targeted ... More >>
Commission investigating whether steel mesh complies
Friday, 4 March 2016, 12:10 pm | Commerce Commission
Commerce Commission investigating whether steel mesh complies with standard Brilliance Steel Ltd (Brilliance) and Euro Corporation Limited (Euro Corporation) have agreed to stop selling some steel mesh products while the Commerce Commission further investigates ... More >>
H. B. Fuller’s acquisition of Advanced Adhesives
Wednesday, 2 March 2016, 2:48 pm | Commerce Commission
The Commerce Commission has published a statement of preliminary issues relating to an application from H. B. Fuller Company Australia Pty Limited to acquire the business and assets of Advanced Adhesives (New Zealand) Limited. More >>
First mobile trader sentenced following mobile trader report
Tuesday, 1 March 2016, 11:51 am | Commerce Commission
First mobile trader sentenced following Commission’s mobile trader report Mobile trader Flexi Buy Limited has been fined $50,000 in the Auckland District Court. A further $3,408 was awarded in damages to affected customers. Flexi Buy is one of ... More >>
Tennex Capital’s acquisition of San-i-pak declined
Tuesday, 1 March 2016, 10:46 am | Commerce Commission
The Commerce Commission has declined an application from Tennex Capital Limited, owners of International Waste (IWL), to acquire the medical and quarantine waste business of San-i-pak Limited (San-i-pak). More >>
Final report on dairy sector competition in NZ
Tuesday, 1 March 2016, 10:15 am | Commerce Commission
The Commerce Commission has today released its final report on the state of competition in New Zealand’s dairy industry. The review began in June last year at the request of the Minister for Primary Industries as required under the Dairy Industry Restructuring ... More >>
Fletcher Building’s acquisition of Higgins Group Holdings
Monday, 29 February 2016, 9:42 am | Commerce Commission
The Commerce Commission has published a statement of preliminary issues relating to an application from Fletcher Building Holdings New Zealand Limited seeking clearance to acquire Higgins Group Holdings Limited, including 50% of shares in the Horokiwi ... More >>
Final amendments to airport land valuation rules
Wednesday, 24 February 2016, 9:08 am | Commerce Commission
The Commerce Commission has released its final decision on the application of the airport land valuation rules as part of the input methodologies review. More >>
