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Commerce Commission - Latest News [Page 71]

Commerce Commission declines lubricant merger

Friday, 24 April 2015, 11:24 am | Commerce Commission

Commerce Commission declines Reckitt Benckiser lubricant merger The Commerce Commission has declined an application from Reckitt Benckiser Group, owners of Durex, to purchase Johnson & Johnson’s K-Y brand and product assets. More >>

Draft decision on Transpower’s NIGU application

Thursday, 23 April 2015, 9:12 am | Commerce Commission

The Commerce Commission has today released a draft decision on Transpower’s application seeking to recover its overspend on the North Island Grid Upgrade Project (NIGU). More >>

Staple’s application to acquire Office Depot

Friday, 17 April 2015, 1:36 pm | Commerce Commission

The Commerce Commission has published a statement of preliminary issues relating to an application from Staples, Inc to acquire all of the shares in Office Depot, Inc. More >>

Wellington Airport’s revised pricing - draft report

Friday, 17 April 2015, 9:43 am | Commerce Commission

The Commerce Commission has today released its draft report indicating Wellington Airport is now targeting returns for the period from 1 June 2014 to 31 March 2019 that fall within an estimated range of acceptable returns. More >>

Commerce Commission to consider office products merger

Tuesday, 7 April 2015, 3:43 pm | Commerce Commission

The Commerce Commission has received an application from Staples, Inc seeking clearance to acquire all of the shares in Office Depot, Inc. More >>

INC Code restrictions on the marketing of infant formula

Thursday, 2 April 2015, 3:35 pm | Commerce Commission

The Commerce Commission has authorised members of the Infant Nutrition Council (INC) to follow their Code of Practice that restricts advertising and marketing of infant formula for children under six months of age. More >>

Surcharges: ensure customers are not misled

Thursday, 2 April 2015, 11:34 am | Commerce Commission

Many businesses apply surcharges to recover additional costs such as higher staff wages on public holidays. Businesses must ensure any surcharge is clearly disclosed and the reasons for the surcharge are accurately described or they may risk breaching ... More >>

Commission to review regulated broadband non-price terms

Wednesday, 1 April 2015, 10:25 am | Commerce Commission

The Commerce Commission has today announced it will formally review the non-price terms of the Unbundled Bitstream Access (UBA) Standard Terms Determination (STD) under the Telecommunications Act. More >>

Commission seeks cross-submissions on new evidence

Wednesday, 1 April 2015, 10:00 am | Commerce Commission

The Commerce Commission is seeking cross-submissions on substantive new evidence contained in a cross-submission from Chorus, as part of the UBA/UCLL final pricing principle consultation. More >>

Connor Healthcare appeals to Commerce Commission

Tuesday, 31 March 2015, 3:59 pm | Commerce Commission

Connor Healthcare Limited (Connor) has filed an appeal in the High Court against the Commission’s decision declining clearance for it to acquire all the shares in Acurity Health Group Limited (Acurity) it did not already own. More >>

Court of Appeal rejects MTF Sportzone credit fees appeal

Tuesday, 31 March 2015, 9:26 am | Commerce Commission

The Court of Appeal has dismissed Motor Trade Finance Limited (MTF) and Sportzone Motorcycles Limited’s appeal in the long-running credit fees case brought by the Commerce Commission. The Court’s ruling, made public today, upheld earlier High ... More >>

Draft determination on wool scouring assets application

Thursday, 26 March 2015, 5:21 pm | Commerce Commission

The Commerce Commission has reached a preliminary view that it should allow Cavalier Wool Holdings to acquire 100 per cent of New Zealand Wool Services International's wool scouring business and assets. More >>

Commission closes investigation into Wilson Parking

Tuesday, 24 March 2015, 10:33 am | Commerce Commission

The Commerce Commission is taking no further action in its investigation into Wilson Parking New Zealand Limited’s acquisition of rival Tournament Parking Limited’s parking assets. More >>

Commission to begin enforcing unfair contract terms tomorrow

Monday, 16 March 2015, 1:33 pm | Commerce Commission

The Commerce Commission will begin enforcing the new unfair contract terms provisions of the Fair Trading Act when they take effect tomorrow, with no grace period for businesses. More >>

Commission uses new enforcement tools

Friday, 6 March 2015, 12:14 pm | Commerce Commission

The Commerce Commission has used the new enforcement tools granted as part of the Consumer Law Reform last year to issue infringement notices for the first time to motor vehicle dealers in Auckland and Christchurch. More >>

Commission targets ‘opt out’ pricing

Friday, 6 March 2015, 9:33 am | Commerce Commission

The Commerce Commission is calling on New Zealand businesses to scrap the use of ‘opt out’ pricing after gaining agreement from Air New Zealand that it will end its practice of pre-selecting travel insurance for customers when selling tickets ... More >>