Commerce Commission - Latest News [Page 80]
Baycorp settlement puts credit industry on notice
Monday, 11 November 2013, 2:43 pm | Commerce Commission
The Commerce Commission says its settlement with Baycorp (NZ) Limited (Baycorp), under which debtors have been refunded or had account balances reduced by a total of $3.5m, sends a strong message to the credit industry that participants must comply ... More >>
Thermo Fisher seeks clearance to acquire Life Technologies
Friday, 8 November 2013, 12:04 pm | Commerce Commission
The Commerce Commission has received an application from Thermo Fisher Scientific Inc. (Thermo Fisher) seeking clearance to acquire Life Technologies Corporation (Life Technologies). More >>
“Stop Now” letter issued to finance companies
Wednesday, 6 November 2013, 3:10 pm | Commerce Commission
The Commerce Commission has issued a ‘Stop Now’ letter to finance companies Evolution Finance Limited (Evolution Finance) and Budget Loans Limited (Budget Loans) asking them to stop repossessing, or asserting a right to repossess, consumer goods where ... More >>
Com Com releases final decision on UBA price review
Tuesday, 5 November 2013, 8:51 am | Commerce Commission
The Commerce Commission has today released its final decision on the additional costs of Chorus’ unbundled bitstream access (UBA) service. These are the costs of providing the UBA service over and above the unbundled copper local loop (UCLL) price component. More >>
Bauer Media Group seeks clearance to acquire APN magazines
Friday, 1 November 2013, 4:50 pm | Commerce Commission
The Commerce Commission has received an application from Bauer Media Group (NZ) LP (Bauer) seeking clearance to acquire certain magazine publishing assets of APN Specialist Publications NZ Ltd (APN). More >>
Transpower’s maximum allowable revenues adjusted
Thursday, 31 October 2013, 3:37 pm | Commerce Commission
The Commerce Commission yesterday reduced Transpower’s maximum allowable revenue for the coming pricing year from 1 April 2014 to 31 March 2015 by $25.1 million, from $959.7 million to $934.6 million. More >>
Commission releases draft LAD
Wednesday, 30 October 2013, 9:47 am | Commerce Commission
The Commerce Commission today released its draft determination for the amount 22 telecommunications providers will pay towards the $50 million Telecommunications Development Levy (TDL) for 2012/13. More >>
Preliminary issues for Telecom & Vodafone - 700 MHz spectrum
Tuesday, 22 October 2013, 9:23 am | Commerce Commission
The Commerce Commission has published a statement of preliminary issues relating to the applications from Telecom and Vodafone seeking clearance to acquire the management rights to 700 MHz radio spectrum. More >>
New information disclosure requirements for Transpower
Monday, 21 October 2013, 4:13 pm | Commerce Commission
The Commerce Commission has today released for consultation its draft information disclosure requirements for electricity lines services supplied by Transpower. More >>
Menzies granted clearance to acquire Skystar
Wednesday, 16 October 2013, 2:32 pm | Commerce Commission
The Commerce Commission has cleared Menzies Aviation (New Zealand) Limited to acquire Skystar Airport Services NZ Pty Limited. The proposed acquisition would result in overlap in the provision of ground handling services at Christchurch and Dunedin ... More >>
Com Com Draft Report on Chch International Airport
Tuesday, 15 October 2013, 9:04 am | Commerce Commission
The Commerce Commission has released a draft of its report to the Ministers of Commerce and Transport on the effectiveness of the information disclosure regulation in relation to Christchurch International Airport. More >>
Com Com Report on Review of Fonterra Milk Price Manual
Tuesday, 15 October 2013, 8:57 am | Commerce Commission
The Commerce Commission has today released a draft report on its statutory review of Fonterra’s Milk Price Manual (Manual) for the 2013/14 dairy season. The Manual sets out the methodology for calculating the farm gate (base) milk price, which is ... More >>
Vodafone seeks clearance to acquire radio spectrum
Thursday, 10 October 2013, 12:07 pm | Commerce Commission
The Commerce Commission has received an application from Vodafone New Zealand Limited seeking clearance to acquire the management rights to 700 MHz radio spectrum. More >>
Commerce Commission issues warning to Sky
Tuesday, 8 October 2013, 9:35 am | Commerce Commission
The Commerce Commission has issued Sky Network Television Ltd (Sky) with a warning that it believes certain provisions in Sky’s contracts with telecommunications retail service providers (RSPs) are likely to have previously breached section 27 ... More >>
Telecom seeks clearance to acquire radio spectrum
Friday, 4 October 2013, 4:54 pm | Commerce Commission
The Commerce Commission has received an application from Telecom New Zealand Limited seeking clearance to acquire the management rights to 700 MHz radio spectrum. More >>
Commission updates guidelines about enforcement responses
Tuesday, 1 October 2013, 2:30 pm | Commerce Commission
The Commerce Commission has today published its revised Enforcement Response Guidelines (ERG), which now include new Criminal Prosecutions Guidelines as an attachment. More >>
Commerce Commission settles with third tier mortgage lender
Thursday, 26 September 2013, 10:25 am | Commerce Commission
The Commerce Commission has entered into a settlement with a third tier mortgage lending company, Elderton Limited, after Elderton admitted breaching the Credit Contracts and Consumer Finance Act 2003 (CCCFA) and the Fair Trading Act in relation to loans ... More >>
Statement of Preliminary Issues For Menzies’ Application
Tuesday, 17 September 2013, 2:50 pm | Commerce Commission
Statement of Preliminary Issues For Menzies’ Application to Acquire 100% Of the Shares of Skystar More >>
Com Commission concludes review of 2012/13 base milk price
Monday, 16 September 2013, 10:27 am | Commerce Commission
The Commerce Commission has today released its final report on the review of Fonterra’s 2012/13 base milk price calculation. This is the price Fonterra pays dairy farmers for their raw milk. More >>
Four more souvenir companies fined for misleading tourists
Friday, 13 September 2013, 11:09 am | Commerce Commission
Four companies and four individuals have been convicted and fined a total of $601,900 for selling visiting Asian tourists a range of imported alpaca goods as “Made in New Zealand”, and making claims that duvets were 100% alpaca or merino wool when ... More >>
