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Commerce Commission - Latest News [Page 64]

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 >>

Vodafone and Sky seek clearance for merger

Thursday, 30 June 2016, 10:00 am | Commerce Commission

The Commerce Commission has received two clearance applications relating to the proposed merger of Vodafone New Zealand Limited (Vodafone NZ) and Sky Network Television Limited (Sky). More >>

Canterbury builder fined

Monday, 20 June 2016, 2:11 pm | Commerce Commission

Gerard James Thomson, the Director of construction business, Flaxmill Ltd, was fined $12,800 and ordered to pay $16,700 in compensation to two of the three complainants for making false representations about providing Homefirst building guarantees to ... More >>

Electricity, gas and airport services review

Thursday, 16 June 2016, 10:24 am | Commerce Commission

The Commerce Commission has today released draft decisions for consultation on its review of input methodologies (IMs) – the rules, requirements and processes that apply to the sectors it regulates under Part 4 of the Commerce Act More >>

First mobile traders sentenced under new laws

Wednesday, 15 June 2016, 4:08 pm | Commerce Commission

Mobile traders Goodring Company Limited (Goodring) and Betterlife Corporation Limited (Betterlife) have been fined a total of $171,500 after being sentenced in Auckland District Court. More >>

Preliminary Issues released for Fairfax / NZME merger

Tuesday, 14 June 2016, 10:11 am | Commerce Commission

The Commerce Commission has published a Statement of Preliminary Issues relating to the merger of the businesses of Wilson & Horton Limited (trading as NZME) and Fairfax New Zealand Limited. More >>

Report details profitability of electricity lines companies

Wednesday, 8 June 2016, 9:47 am | Commerce Commission

The Commerce Commission has today released a new report detailing the profitability of the 16 electricity distributors subject to price-quality regulation in New Zealand between 2012 and 2015. More >>

Payday lender, Twenty Fifty Club, found guilty

Friday, 3 June 2016, 2:56 pm | Commerce Commission

Twenty Fifty Club Ltd and its sole director Gavin John Marsich were today found guilty of 16 charges each in Manukau District Court in relation to a payday loans business in South Auckland. More >>

Commerce Commission receives racing betting application

Friday, 3 June 2016, 12:41 pm | Commerce Commission

The Commerce Commission has received an application from the New Zealand Racing Board (NZRB) seeking authorisation for parts of a proposed arrangement between the NZRB and Tabcorp Wagering Manager (Vic) Pty Ltd (Tabcorp). More >>

Commission files charges against educational software

Thursday, 2 June 2016, 11:24 am | Commerce Commission

The Commerce Commission has filed 37 charges against the Auckland Academy of Learning Limited (AAL). The charges allege that misrepresentations were made by staff who sold AAL’s educational software package, CAMI. They also allege that AAL breached ... More >>