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Commerce Commission - Latest News [Page 63]
Commission files charges against Auckland mobile trader
Tuesday, 23 August 2016, 3:12 pm | Commerce Commission
Mobile trader Zee Shop Limited (Zee Shop) appeared in the Auckland District Court today in relation to 15 charges brought by the Commerce Commission relating to its lending practices. More >>
123 Mart charged over safety of children’s toys, nightwear
Monday, 22 August 2016, 1:12 pm | Commerce Commission
The Commerce Commission has filed 28 charges against The 123 Mart Limited (123 Mart) relating to 10 children’s toys and five clothing items it sold between April 2013 and June 2016. More >>
NZME/Fairfax merger update
Monday, 22 August 2016, 10:56 am | Commerce Commission
The Commerce Commission has agreed an extension with NZME and Fairfax on their application seeking authorisation to merge their New Zealand media operations and will now make its final decision by 15 March 2017. More >>
Commission files charges against Trustpower
Friday, 19 August 2016, 10:09 am | Commerce Commission
The Commerce Commission has filed charges in the Auckland District Court against Trustpower Limited over its marketing and sale of its bundled electricity and unlimited data broadband offer. More >>
Acute Finance charged over unreasonable fees
Thursday, 18 August 2016, 2:38 pm | Commerce Commission
Acute Finance Limited (Acute) has pleaded not guilty to five charges brought by the Commerce Commission under the Credit Contract and Consumer Finance Act 2003 (CCCFA) about its credit fees and its repayment waiver. More >>
Draft report on Fonterra’s base milk price calculation
Monday, 15 August 2016, 10:00 am | Commerce Commission
The Commerce Commission today released its draft report on Fonterra’s base milk price calculation for the 2015/16 dairy season. The base milk price is the price Fonterra pays to farmers for raw milk and it is currently set by Fonterra at $3.90 ... More >>
Commission seeks feedback on domestic backhaul services
Friday, 12 August 2016, 12:31 pm | Commerce Commission
The Commerce Commission has today released a discussion paper seeking information on domestic ‘backhaul’ services. Questions asked in the paper cover how the services have evolved – given the rapid changes in the telecommunications market – and ... More >>
Commission files charges against Youi insurance
Thursday, 11 August 2016, 10:48 am | Commerce Commission
The Commerce Commission has filed charges in the Auckland District Court against insurance firm Youi NZ Pty Limited, alleging it employed misleading sales techniques when attempting to sell policies to consumers who were only seeking a quote. More >>
Racing betting authorisation application
Tuesday, 9 August 2016, 4:03 pm | Commerce Commission
The Commerce Commission has reached a preliminary view that it should grant authorisation to the New Zealand Racing Board (NZRB) to allow it, subject to certain restrictions, to commingle totalisator horse and greyhound racing betting pools with Tabcorp Wagering ... More >>
Preliminary issues for Wallace Group LP acquisition
Tuesday, 9 August 2016, 3:15 pm | Commerce Commission
The Commerce Commission has published a statement of preliminary issues relating to an application from Wallace Group Limited Partnership to acquire up to 100% of the assets and business of Wallace Corporation Limited, Farm Brands Limited and Keep ... More >>
Boehringer Ingelheim applies for clearance to acquire Merial
Tuesday, 2 August 2016, 2:46 pm | Commerce Commission
The Commerce Commission has received an application from Boehringer Ingelheim International GmbH seeking clearance to acquire 100% of the shares and assets in Merial, the animal health business of Sanofi SA. More >>
Commission files charges against Harmoney over marketing
Monday, 1 August 2016, 12:51 pm | Commerce Commission
The Commerce Commission has filed Fair Trading Act charges in the Auckland District Court against peer-to-peer lender Harmoney alleging it misled consumers into believing they had been pre-approved for a personal loan. More >>
Commerce Commission considers rendering merger
Thursday, 28 July 2016, 9:49 am | Commerce Commission
The Commission has received an application for the Wallace Group Limited Partnership (Wallace Group) to acquire up to 100% of the assets and business of Wallace Corporation Limited, Farm Brands. This comprises Farm Brands Limited, Farm Brands Asset Management ... More >>
Budget Loans and Evolution Finance found guilty
Friday, 15 July 2016, 1:40 pm | Commerce Commission
Finance companies Budget Loans Limited and Evolution Finance Limited have been found guilty in the Auckland District Court on 106 charges brought by the Commerce Commission under the Fair Trading Act. More >>
Preliminary Issues for Vodafone/Sky merger
Thursday, 14 July 2016, 9:05 am | Commerce Commission
The Commerce Commission has published a Statement of Preliminary Issues relating to the proposed merger of Vodafone and Sky More >>
SmartStore charged over its customer agreements
Tuesday, 12 July 2016, 9:57 am | Commerce Commission
Mobile trader, Smart Shop Limited (trading as SmartStore) yesterday pleaded guilty to 11 charges brought by the Commerce Commission for its loan contracts and extended warranty agreements. More >>
Commission clears Fletcher Building and Higgins merger
Friday, 8 July 2016, 11:29 am | Commerce Commission
The Commerce Commission has given clearance for Fletcher Building Holdings New Zealand Limited (Fletcher Building) to acquire Higgins Group Holdings Limited (Higgins). More >>
Commission files charges over ECE subsidy misrepresentations
Tuesday, 5 July 2016, 11:49 am | Commerce Commission
The Commerce Commission has filed charges in the Auckland District Court against Kowhai Montessori Pre-School Limited and its former director and manager Rebecca Brindle, following an investigation into allegations they misrepresented to parents ... More >>
Bayleys and Success Realty to pay $2.2m and $900,000
Friday, 1 July 2016, 4:36 pm | Commerce Commission
Bayleys and Success Realty to pay $2.2m and $900,000 in penalties in real estate price fixing case More >>
Commission to look at deregulating Spark’s resale services
Friday, 1 July 2016, 9:22 am | Commerce Commission
The Commerce Commission has completed its five yearly review of Schedule 1 of the Telecommunications Act 2001 and confirmed it will investigate whether Spark’s resale voice services should be deregulated. More >>
