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Commerce Commission - Latest News [Page 7]
Statement of Preliminary Issues released for AlphaTheta’s proposed acquisition of Serato
Friday, 27 October 2023, 6:26 am | Commerce Commission
Issued 26 October 2023 The Commerce Commission has published a Statement of Preliminary Issues relating to an application from AlphaTheta Corporation seeking clearance to acquire Serato Audio Research Limited. The Statement outlines the key competition ... More >>
Commission Seeks Feedback On Draft Telecommunications Development Levy Allocation
Thursday, 26 October 2023, 10:29 am | Commerce Commission
The Commerce Commission has today released its draft decision on the allocation of payments for the Government’s $11.25 million Telecommunications Development Levy (TDL) for 2022/2023. The TDL is paid by providers with gross revenues in excess ... More >>
Kingspan Seeks Clearance To Acquire Conqueror
Thursday, 26 October 2023, 10:19 am | Commerce Commission
The Commerce Commission has received a clearance application from Kingspan Limited to acquire the insulated panel and boards business of Conqueror New Zealand Limited. The parties overlap in the supply of insulation boards and insulated panels in New ... More >>
Statement Of Issues Released For Proposed Queenstown Jet Boats Merger
Thursday, 19 October 2023, 3:17 pm | Commerce Commission
The Commerce Commission has published a statement of issues relating to an application from Ngāi Tahu Tourism Limited seeking clearance for itself (or a wholly-owned subsidiary) to acquire the tourism jet boating business trading as “KJet” and related assets ... More >>
AlphaTheta seeks clearance to acquire Serato
Wednesday, 11 October 2023, 7:53 pm | Commerce Commission
The Commerce Commission has received a clearance application from AlphaTheta Corporation (AlphaTheta), seeking clearance to acquire Serato Audio Research Limited (Serato). AlphaTheta and Serato are both active in DJ software. DJ software can be used for ... More >>
Commission Proposes To Authorise The Restrictions On The Advertising And Marketing Of Infant Formula
Wednesday, 11 October 2023, 4:47 pm | Commerce Commission
The Commerce Commission has reached a preliminary view that it should grant authorisation to the current and future members of the Infant Nutrition Council Limited (INC) to restrict their advertising and marketing of formula products for infants aged up ... More >>
Commission Grants Clearance For Real NZ To Acquire Spirit Of Queenstown
Monday, 9 October 2023, 1:33 pm | Commerce Commission
The Commerce Commission has granted clearance to Real Journeys Limited (trading as Real NZ) for itself (or any interconnected body-corporate) to acquire the vessel, the Spirit of Queenstown, and associated assets from Southern Discoveries Limited. ... More >>
Customers Refunded Nearly $480k In Settlement With ComCom
Wednesday, 27 September 2023, 10:28 am | Commerce Commission
A Commerce Commission investigation and subsequent High Court proceedings has resulted in more than 2,600 customers being refunded a total of nearly $480,000 after three companies, part of the Vocus Group, breached the Fair Trading Act. Commerce Commission ... More >>
Cyclone Impacts On Grid Highlights Importance Of Resilience Planning
Tuesday, 26 September 2023, 10:46 am | Commerce Commission
The Commerce Commission says the impacts on households and business customers from electricity outages following Cyclone Gabrielle highlight the need for a ‘new normal’ in asset management planning and investment strategies. Commissioner, Vhari McWha, ... More >>
Sealord Seeks Clearance To Acquire Independent Fisheries
Thursday, 21 September 2023, 3:32 pm | Commerce Commission
The Commerce Commission has received a clearance application from Sealord Group Limited (Sealord) seeking clearance to acquire the fishing business of Independent Fisheries. Under the proposed acquisition, Sealord would acquire 100% of the shares ... More >>
ComCom Calls For Telcos To Unpack Bundles Of ‘confusion’
Thursday, 21 September 2023, 9:33 am | Commerce Commission
The Commerce Commission has today released draft guidelines that would require telcos to unpack bundled offers so that Kiwi consumers can easily compare prices and make informed choices about the true value they offer. Telecommunications Commissioner, ... More >>
Commission Grants Clearance For Moana’s Proposed Acquisition Of Sanford’s North Island Inshore Fishing Business
Tuesday, 12 September 2023, 7:48 pm | Commerce Commission
The Commerce Commission has granted clearance for Aotearoa Fisheries Limited (trading as Moana New Zealand) to acquire Sanford Limited’s North Island inshore fishing business. Both Moana and Sanford operate inshore fishing businesses that supply fresh ... More >>
New ComCom Rankings Reveal Telcos With Best Customer Service
Thursday, 7 September 2023, 9:21 am | Commerce Commission
The Commerce Commission’s new mobile and broadband customer service rankings – published for the first time today – reveal how New Zealand’s major telecommunications providers rank across a range of key customer service indicators. Telecommunications ... More >>
ComCom Issues “please Explain” To Fuel Companies On Pricing Anomalies
Wednesday, 6 September 2023, 9:16 am | Commerce Commission
The Commerce Commission is seeking an explanation from New Zealand's major fuel companies about anomalies that have been identified in retail fuel pricing over the first year of monitoring under the new Fuel Industry Act regulatory regime. Commission ... More >>
Statement Of Preliminary Issues Released For Ngāi Tahu Tourism Application To Acquire KJet And Time Tripper
Thursday, 31 August 2023, 3:21 pm | Commerce Commission
The Commerce Commission has published a statement of preliminary issues relating to an application from application from Ngāi Tahu Tourism Limited seeking clearance for itself (or a wholly-owned subsidiary) to acquire the tourism jet boating business ... More >>
Statement Of Preliminary Issues Released For Real NZ Application To Acquire Spirit Of Queenstown
Thursday, 31 August 2023, 3:19 pm | Commerce Commission
The Commerce Commission has published a statement of preliminary issues relating to an application from Real Journeys Limited (trading as Real NZ) seeking clearance for itself (or any interconnected body-corporate) to acquire the vessel, the Spirit ... More >>
Commission Seeks Views On Revenue Limits And Service Quality Standards For Chorus
Thursday, 31 August 2023, 9:24 am | Commerce Commission
The Commerce Commission is seeking views on the approach to resetting revenue limits and quality standards for Chorus, the country’s largest telecommunications infrastructure provider. Under the new regulatory regime for fibre, the Commission sets a ‘Price ... More >>
Commission Says Mobile Roaming Regulation Still Important To Competition
Wednesday, 30 August 2023, 9:51 am | Commerce Commission
The Commerce Commission has decided to retain its ability to regulate national mobile roaming, saying it remains an important regulatory backstop for promoting competition in mobile telecommunications markets for the benefit of New Zealanders. National ... More >>
Authorisation Application Received From The Infant Nutrition Council
Thursday, 24 August 2023, 4:56 pm | Commerce Commission
The Commerce Commission has received an application from the Infant Nutrition Council Limited (INC) seeking an authorisation for an arrangement allowing the INC to restrict its members from advertising and marketing formula products for infants aged up to ... More >>
Real NZ Seeks Clearance To Acquire Spirit Of Queenstown
Tuesday, 22 August 2023, 4:58 pm | Commerce Commission
The Commerce Commission has received an application from Real Journeys Limited (trading as Real NZ) seeking clearance for itself (or any interconnected body-corporate) to acquire the vessel, the Spirit of Queenstown, and associated assets from Southern ... More >>
