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Commerce Commission - Latest News [Page 82]
Air NZ Final Airline to Settle with Commerce Commission
Thursday, 13 June 2013, 5:21 pm | Commerce Commission
The High Court has approved a settlement under which Air New Zealand will pay a $7.5 million penalty for price-fixing in breach of the Commerce Act. The company is the last airline to settle with the Commerce Commission in its long-running air cargo ... More >>
Taranaki flooring company warned over attempts to fix prices
Tuesday, 28 May 2013, 10:48 am | Commerce Commission
The Commerce Commission has issued a formal warning to flooring company Ansell Flooring Limited for attempting to fix prices for sanding and polishing services in the Taranaki region. More >>
Shill bidding costs car company more than $165,000
Thursday, 23 May 2013, 4:38 pm | Commerce Commission
An Auckland-based car company has been sentenced today in the Auckland District Court on 13 charges under the Fair Trading Act. The Auto Co (Millenium) Ltd has been fined $42,000 plus court costs of $1727.57 after pleading guilty to misleading consumers ... More >>
SkyCity Seeks Clearance to Acquire Otago Casino
Tuesday, 21 May 2013, 2:54 pm | Commerce Commission
The Commerce Commission has received an application from SkyCity Entertainment Group Limited (SkyCity) seeking clearance to acquire 100% of the shares in Otago Casinos Limited. More >>
Commission Identifies Companies Liable Levy
Monday, 20 May 2013, 9:21 am | Commerce Commission
The Commerce Commission today released its draft determination of the amounts telcos will pay towards the $50 million Telecommunications Development Levy for 2011/12. More >>
Interest Rate Swaps Investigation Briefing
Friday, 10 May 2013, 5:14 pm | Commerce Commission
We have today published on our website notes of a briefing provided to MP Damien O’Connor this week, who had sought an update on the Interest rate swaps investigation. More >>
Opinions Sought On Proposed Increase in Prices
Wednesday, 1 May 2013, 8:47 am | Commerce Commission
The Commerce Commission is seeking the views of Canterbury consumers on an application by the lines company Orion to increase its electricity prices as it rebuilds its network following the earthquakes. More >>
Commission Issues Draft Report On Auckland Airport
Tuesday, 30 April 2013, 8:45 am | Commerce Commission
The Commerce Commission has today released its draft of a report to the Ministers of Commerce and Transport on the effectiveness of the information disclosure regulatory regime under Part 4 of the Commerce Act in relation to Auckland International Airport. More >>
Demand for mobile data doubles for second year in a row
Monday, 29 April 2013, 4:51 pm | Commerce Commission
The Commerce Commission today released its 2012 telecommunications annual monitoring report analysing the state of New Zealand’s telecommunications markets. More >>
Commission Clears Vector to Acquire Contact Metering Busines
Monday, 29 April 2013, 9:03 am | Commerce Commission
The Commerce Commission has cleared Vector Limited to acquire Contact Energy Limited’s natural gas metering business. More >>
Commission seeks comment on Orion Customised PriceQuality
Friday, 19 April 2013, 11:44 am | Commerce Commission
Media Release Issued 19 April 2013 Release No. 79 Commission seeks public comment on Orion Customised PriceQuality Path Proposal The Commerce Commission has commenced the process for setting new maximum prices and new quality standards for Orion New ... More >>
ComCom seeks public comment on Orion Proposal
Friday, 19 April 2013, 11:24 am | Commerce Commission
The Commerce Commission has commenced the process for setting new maximum prices and new quality standards for Orion New Zealand Limited (“Orion”). More >>
Commission urges caution for users of multi-purpose ladders
Tuesday, 16 April 2013, 9:59 am | Commerce Commission
The Commerce Commission has urged consumers and tradespeople to exercise caution when using two models of ‘Transforma’ multi-purpose ladder, sold nationwide by Brand Developers Limited between 2007 and March 2013. The Commission is investigating ... More >>
Commission Urges Caution For Users Of Multi-Purpose Ladders
Tuesday, 16 April 2013, 9:57 am | Commerce Commission
The Commerce Commission has urged consumers and tradespeople to exercise caution when using two models of ‘Transforma’ multi-purpose ladder, sold nationwide by Brand Developers Limited between 2007 and March 2013. The Commission is investigating ... More >>
Commission Approves Amendment To Transpower Costs Recovery
Monday, 15 April 2013, 11:18 am | Commerce Commission
The Commerce Commission has approved an amendment to the Major Capital Expenditure Allowance (MCA) for the Otahuhu Substation Diversity Project. The maximum amount of expenditure that Transpower can now recover from consumers has increased from ... More >>
Commerce Commission declines merger of radiology practices
Wednesday, 3 April 2013, 2:37 pm | Commerce Commission
The Commerce Commission has declined to grant clearance to the formation of a joint venture between Hamilton Radiology and Medimaging. Hamilton Radiology and Medimaging each provide x-rays, ultrasound and other low tech services in Hamilton and Cambridge. More >>
Commission announces next step in setting UBA price
Wednesday, 3 April 2013, 9:05 am | Commerce Commission
The Commerce Commission has today released an updated timetable for completing its determination of a cost-based price for wholesale broadband the unbundled bitstream access (UBA) service. Telecommunications Commissioner Dr Stephen Gale announced that ... More >>
Penalties for souvenir companies that misled tourists
Tuesday, 2 April 2013, 9:31 am | Commerce Commission
Two companies and two individuals have been convicted and fined a total of $259,000 in the Auckland District Court for manufacturing and selling to visiting Asian tourists a range of high-priced souvenir items that were not what they claimed to be. More >>
Commerce Commission seeks information on interest rate swaps
Wednesday, 27 March 2013, 1:28 pm | Commerce Commission
The Commerce Commission is seeking more information from farmers and others who entered into a financial derivative product known as interest rate swaps. The Commission has received complaints primarily from the rural community alleging they were mis-sold ... More >>
Businesses urged to take care with Holidays Act surcharges
Wednesday, 27 March 2013, 9:18 am | Commerce Commission
Businesses that open for trading over Easter, such as cafes and bars, must not mislead their customers about their reason for a surcharge. More >>
