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Commerce Commission - Latest News [Page 59]
Bunnies, chocolate eggs, hot cross buns … and surcharges
Thursday, 13 April 2017, 11:00 am | Commerce Commission
With the Easter holiday upon us, the Commerce Commission is again reminding businesses that if they apply a surcharge it must be clearly and accurately disclosed to customers. More >>
Commission invites discussion on related party transactions
Wednesday, 12 April 2017, 10:31 am | Commerce Commission
The Commerce Commission is considering how transactions between energy networks and related businesses should be regulated and has today released a paper seeking feedback on how it should approach this More >>
Property Brokers Manawatu fined $1.5m in price fixing case
Monday, 10 April 2017, 4:02 pm | Commerce Commission
Property Brokers Limited and its director Tim Mordaunt have been ordered to pay penalties totalling $1.5 million in a judgment today of the High Court, following a hearing in March. More >>
Tax refund season – what consumers and agents need to know
Friday, 7 April 2017, 11:30 am | Commerce Commission
With the end of the financial year upon us, consumers may find a tax agent at their door or on the phone. More >>
Preliminary Issues released for Spark / TeamTalk
Friday, 31 March 2017, 8:47 pm | Commerce Commission
Statement of Preliminary Issues released for Spark / TeamTalk merger The Commerce Commission has published a Statement of Preliminary Issues relating to Spark New Zealand Trading Limited’s proposed acquisition of TeamTalk Limited. More >>
Further extension to NZME/Fairfax merger
Wednesday, 29 March 2017, 10:24 am | Commerce Commission
On Wednesday 22 March the Commission received a lengthy submission from NZME and Fairfax providing further analysis and expert evidence in support of its merger authorisation application. Public versions of this submission and an expert report have now been ... More >>
Spark seeks clearance to acquire TeamTalk
Tuesday, 21 March 2017, 8:49 am | Commerce Commission
The Commerce Commission has received a clearance application from Spark New Zealand Trading Limited (Spark) to, either directly or indirectly, acquire up to 100% of the shares of TeamTalk Limited. More >>
Nelson and Tasman Councils’ joint landfill application
Friday, 17 March 2017, 4:46 pm | Commerce Commission
The Commerce Commission has reached a preliminary view that, subject to a condition, it should allow the Nelson City Council and the Tasman District Council to form a business unit to jointly operate the two landfills in the Nelson-Tasman region. More >>
Statement of Preliminary Issues released for Vero / Tower
Thursday, 16 March 2017, 9:39 am | Commerce Commission
The Commerce Commission has published a Statement of Preliminary Issues relating to the proposed acquisition of Tower by Vero. More >>
Misleading Christmas deal results in $145k fine
Tuesday, 14 March 2017, 3:19 pm | Commerce Commission
Mobile trader Sales Concepts Limited has been fined $145,000 in the North Shore District Court after pleading guilty to 10 charges under the Fair Trading Act 1986 relating to its ‘Christmas Deal Bundles’. More >>
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 >>
