Commerce Commission - Latest News [Page 77]
Atlas Copco seeks clearance to acquire Ash Air
Wednesday, 2 April 2014, 4:25 pm | Commerce Commission
The Commerce Commission has received an application from Atlas Copco South Pacific Holdings Pty Limited (Atlas Copco) seeking clearance to acquire some of the assets of Lancaster Group Limited including Ash Air (N.Z) Limited, Ash Air Oil & Gas Limited, ... More >>
Interest rate swaps – further information being assessed
Wednesday, 2 April 2014, 4:01 pm | Commerce Commission
The Commerce Commission has announced that it is currently assessing new information received concerning the banks involved in the interest rate swaps investigation. More >>
Vehicle finance company fined for ‘vehicle-go-round'
Tuesday, 1 April 2014, 12:57 pm | Commerce Commission
Mt Maunganui finance company MAC Warranties Ltd (MAC) has today been fined $42,250 in the Auckland District Court for 17 breaches of the Fair Trading Act (FTA). MAC’s director and shareholder Alan Spiers has been fined $22,750 for a further 11 breaches. More >>
Commerce Commission and FMA sign MOU
Tuesday, 1 April 2014, 9:13 am | Commerce Commission
The Commerce Commission has signed a Memorandum of Understanding (MOU) with the Financial Markets Authority (FMA) in advance of the commencement of key parts of the Financial Markets Conduct Act 2013. From today the FMA is the primary regulator of misleading ... More >>
Commission to begin further work on WACC input methodologies
Monday, 31 March 2014, 11:32 am | Commerce Commission
Following recent stakeholder consultation, the Commerce Commission has decided to issue a notice of intention to do further work on the input methodologies relating to the percentile estimate of the weighted average cost of capital (WACC). The WACC ... More >>
Draft decision on Transpower’s line upgrade released
Thursday, 27 March 2014, 9:15 am | Commerce Commission
The Commerce Commission has today released its draft decision to approve Transpower’s proposed line upgrade between its Bunnythorpe substation near Palmerston North and Haywards substation in the Hutt Valley. More >>
Carter Holt Harvey fined for “classic” price fixing breaches
Wednesday, 26 March 2014, 3:27 pm | Commerce Commission
Commerce Commission General Manager Competition, Kate Morrison says the High Court’s decision to fine Carter Holt Harvey $1.85 million for price fixing in the Auckland commercial timber market highlights the potential impact of price fixing on consumers. More >>
Consultation on cost of capital for telecommunication price
Friday, 7 March 2014, 9:22 am | Commerce Commission
The Commerce Commission is seeking submissions on its proposed approach to setting the rate of return on capital for the unbundled copper local loop (UCLL) network and the unbundled bitstream access (UBA) service. More >>
New Zealand mobile phone plans rate well across OECD
Thursday, 6 March 2014, 11:50 am | Commerce Commission
The Commission has today released a report comparing prices for mobile services in New Zealand over the last year with prices in other OECD countries. "Prices have been steadily dropping and popular plans are below OECD averages," said ... More >>
New information disclosure requirements for Transpower
Friday, 28 February 2014, 3:18 pm | Commerce Commission
The Commerce Commission has today issued information disclosure requirements for Transpower, the owner and operator of the national electricity transmission grid. More >>
Bluescope Steel seeks clearance to acquire certain assets
Monday, 24 February 2014, 11:24 am | Commerce Commission
The Commerce Commission has received an application from Bluescope Steel (NZ) Ltd (Bluescope) seeking clearance to acquire some of the assets of Pacific Steel Group’s (PSG) steel production business. More >>
Commission issues penny-auction website warning - 'DealSave'
Friday, 21 February 2014, 11:55 am | Commerce Commission
The Commerce Commission is warning consumers to be aware of the penny-auction website ‘DealSave’ (www.mydealsave.com), as it has concerns about the site which runs auctions for electronic items such as cameras, tablets, phones and televisions. Consumers ... More >>
USG & Boral granted clearance to form a joint venture
Friday, 21 February 2014, 10:33 am | Commerce Commission
The Commission has granted clearance to USG Corporation (USG) and Boral Limited (Boral) to enter into a joint venture. More >>
Commission confirms formal investigation into allegations
Thursday, 20 February 2014, 4:15 pm | Commerce Commission
The Commerce Commission has confirmed it is formally investigating the allegations of anti-competitive behavior towards suppliers by Countdown. More >>
Commission seeks views on capital input methodologies costs
Thursday, 20 February 2014, 1:38 pm | Commerce Commission
The Commerce Commission is now inviting views on whether it should consider reviewing or amending the input methodologies for the cost of capital that apply to electricity lines services, gas pipeline services and specified airport services regulated under ... More >>
Commission advises confidentiality available
Friday, 14 February 2014, 5:02 pm | Commerce Commission
The Commerce Commission confirmed yesterday that it is assessing alleged anti-competitive behaviour by Countdown towards their suppliers. More >>
Commerce Commission assessing allegations against Countdown
Friday, 14 February 2014, 10:22 am | Commerce Commission
The Commerce Commission has confirmed that it has received a written complaint outlining concerns of alleged anti-competitive behaviour by Countdown towards their suppliers. More >>
Final report on Christchurch International Airport
Thursday, 13 February 2014, 10:47 am | Commerce Commission
The Commerce Commission has released its final report to the Ministers of Commerce and Transport on the effectiveness of the information disclosure regulation in relation to Christchurch International Airport. More >>
Commission Issues Warning Over ‘No Discounting’ Clause
Thursday, 13 February 2014, 10:28 am | Commerce Commission
The Commerce Commission has warned all New Zealand District Health Boards (DHBs) and pharmacies nationwide that “no discounting” clauses in the 2012 Community Pharmacy Services Agreement (CPSA) are likely to have breached s 27 of the Commerce ... More >>
Commerce Commission releases UBA process and issues paper
Friday, 7 February 2014, 9:46 am | Commerce Commission
The Commerce Commission has today released a paper which outlines the proposed process for pricing Chorus’ wholesale broadband – the unbundled bitstream access (UBA) service - according to the ‘Final Pricing Principle’ in the Telecommunications ... More >>
