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Commerce Commission - Latest News [Page 67]
Commerce Commission stops mobile trader and secures refunds
Tuesday, 22 December 2015, 12:30 pm | Commerce Commission
The Commission has accepted an enforceable undertaking from mobile trader Sales Concepts Limited (Sales Concepts). More >>
Spark seeks clearance to acquire radio spectrum
Monday, 21 December 2015, 10:23 am | Commerce Commission
The Commerce Commission has received an application from Spark New Zealand Trading Limited (Spark) seeking clearance to acquire the management rights to 70MHz of radio spectrum in the 2300MHz band from Craig Wireless Spectrum Operations Limited (Craig ... More >>
Date extension for Z Energy’s application to acquire Chevron
Friday, 18 December 2015, 9:59 am | Commerce Commission
On 1 July 2015, Z Energy Limited (Z Energy) registered an application with the Commerce Commission seeking clearance to acquire 100% of the shares in Chevron New Zealand (Chevron), the owner of the Caltex brand in New Zealand. More >>
Commission releases investigation guidelines
Thursday, 17 December 2015, 12:44 pm | Commerce Commission
The Commerce Commission has released guidelines designed to help traders and consumers understand how it investigates competition and consumer matters. More >>
Commission files proceedings against real estate agencies
Thursday, 17 December 2015, 10:27 am | Commerce Commission
The Commerce Commission has filed proceedings in the Auckland High Court for alleged price fixing and anti-competitive behaviour by 13 national and regional real estate agencies, a company owned by a number of national real estate agencies, and 3 individuals. ... More >>
Commission releases final decision on Broadband
Tuesday, 15 December 2015, 10:14 am | Commerce Commission
The Commerce Commission has today released its final decision setting the prices that Chorus can charge for use of its local copper lines and broadband service over the next five years. These are wholesale prices that Chorus charges retail telecommunications ... More >>
Commission releases final report on Fonterra
Tuesday, 15 December 2015, 10:09 am | Commerce Commission
The Commerce Commission today released its final report on its statutory review of Fonterra’s Milk Price Manual for the 2015/16 dairy season. The Manual sets out how Fonterra will calculate how much it will pay dairy farmers for raw milk. More >>
Commission urges Flexi Buy customers to come forward
Monday, 14 December 2015, 5:08 pm | Commerce Commission
Customers of mobile trader Flexi Buy Limited, who purchased goods but never received them, are being asked to contact the Commerce Commission. More >>
Auckland money lender found guilty and fined
Monday, 14 December 2015, 10:23 am | Commerce Commission
Unlicensed money lender, Sunway Finance Limited (Sunway), was fined $30,000 in Auckland District Court and all of its loan contracts were extinguished. As a consequence, debtors do not have to pay back any outstanding money under these loans. More >>
Retailers reminded to avoid exaggerating discounts
Wednesday, 9 December 2015, 11:02 am | Commerce Commission
The Commerce Commission is reminding retailers of their responsibilities as the holiday shopping season heats up. More >>
Liability allocation for telecommunication providers
Wednesday, 9 December 2015, 9:38 am | Commerce Commission
The Commerce Commission has released its final decision about how much 18 telecommunications providers will pay towards the $50 million Telecommunications Development Levy (TDL) for 2014/15. More >>
Commerce Commission clears merger of Vocus and M2
Friday, 4 December 2015, 11:13 am | Commerce Commission
The Commerce Commission has given clearance for Vocus Communications Limited (Vocus) to acquire up to 100% of the shares and/or assets in M2 Group Limited. More >>
Waste oil firm fined $425k
Thursday, 3 December 2015, 4:29 pm | Commerce Commission
Enviro Waste Services Limited has been fined $425,000 in the Auckland High Court following a Commerce Commission investigation into attempted anti-competitive conduct in relation to the collection of waste oil in the upper South Island. More >>
Construction company charged over building guarantee
Thursday, 3 December 2015, 12:44 pm | Commerce Commission
The Commerce Commission has filed charges against construction business Flaxmill Limited (Flaxmill) and its director, Gerard James Thomson, in the Christchurch District Court. More >>
Gas companies respond well to new disclosure requirements
Wednesday, 2 December 2015, 9:32 am | Commerce Commission
The Commerce Commission has welcomed the high level of compliance from gas pipeline companies in meeting new requirements to disclose how they are managing their assets. More >>
Yoghurt Story and Frozen Yoghurt charged by Commission
Tuesday, 1 December 2015, 3:04 pm | Commerce Commission
Yoghurt Story New Zealand Limited (Yoghurt Story) and Frozen Yoghurt Limited (Frozen Yoghurt) today appeared in Auckland District Court facing charges brought by the Commerce Commission. More >>
Commission concludes Christchurch auctioneer investigation
Tuesday, 1 December 2015, 10:43 am | Commerce Commission
McCormack and McKellar Auctioneers have been issued with a warning by the Commerce Commission after failing to disclose they owned a Tom Esplin painting they were auctioning. In addition, the Commission considered that McCormack and McKellar did not comply ... More >>
Commission welcomes commercial resolution at Eastland Port
Wednesday, 25 November 2015, 9:57 am | Commerce Commission
The Commerce Commission has welcomed the commercial agreement reached between Eastland Port and forestry customers and confirmed its proposed inquiry into the Port’s pricing under Part 4 of the Commerce Act will now not proceed. More >>
Commerce Commission wins Plain English Award
Friday, 20 November 2015, 11:23 am | Commerce Commission
The Commerce Commission has won the Best Plain English Document – Public Sector award for its latest ‘Know your rights’ brochure – Borrowing money or buying goods on credit: Know your rights , at the 2015 Plain English Awards last night. More >>
Commerce Commission supports Fraud Awareness Week
Monday, 16 November 2015, 10:55 am | Commerce Commission
The Commission is reminding New Zealand small businesses to remain vigilant about avoiding scams as it supports Fraud Awareness Week, which runs until Saturday. More >>
