Commerce Commission - Latest News [Page 83]
Commerce Commission clears Hirepool to purchase Hirequip
Thursday, 21 February 2013, 3:59 pm | Commerce Commission
The Commerce Commission has cleared the owner of Hirepool, Bligh Finance Limited, to purchase Hire Equipment Group Limited (Hirequip). In assessing the clearance application, the Commission looked at the potential impact of the purchase in both heavier and ... More >>
Report on Wellington airport points to excessive profits
Friday, 8 February 2013, 8:44 am | Commerce Commission
The Commerce Commission’s report on the effectiveness of the information disclosure regulatory regime under Part 4 of the Commerce Act finds that the regime has not limited the ability of Wellington International Airport Limited to make excessive ... More >>
New Report Tracks Electricity Distributor Trends 2008 –2011
Wednesday, 30 January 2013, 10:34 am | Commerce Commission
A new report from the Commerce Commission gives consumers information on how well their local electricity distribution business is performing. More >>
Statement of preliminary issues for Perry Metal Protection
Friday, 25 January 2013, 5:16 pm | Commerce Commission
The Commerce Commission has published a statement of preliminary issues relating to an application from Perry Metal Protection Limited (PMP) to acquire the CSP Coating Systems (CSP) division from Fletcher Steel. More >>
Statement of preliminary issues for Random House/Penguin
Friday, 11 January 2013, 11:41 am | Commerce Commission
The Commerce Commission has published a statement of preliminary issues relating to an application from Bertelsmann SE & Co. (owner of Random House) and Pearson plc (owner of Penguin) seeking clearance to form a new jointly-owned company to be ... More >>
Perry Metal Protection seek clearance Re: CSP Coatings
Friday, 4 January 2013, 11:12 am | Commerce Commission
The Commerce Commission has received an application for clearance from Perry Metal Protection Limited (PMP) to acquire the CSP Coating Systems (CSP) division from Fletcher Steel. The application from PMP also includes a divestment undertaking. More >>
Bluestone mortgage customers to get $200,000 back
Monday, 24 December 2012, 10:10 am | Commerce Commission
The Commerce Commission has reached an out of court settlement with three companies from the finance industry that will see $200,000 paid to 295 customers. More >>
Singapore Airlines Cargo settle air cargo cartel case
Friday, 21 December 2012, 12:34 pm | Commerce Commission
The High Court has ordered Singapore Airlines Cargo PTE (SIA Cargo) to pay a $4.1 million penalty for price fixing in breach of the Commerce Act. The company is the seventh airline to settle with the Commerce Commission in the long-running air cargo ... More >>
Penguin and Random House seek clearance for joint venture
Thursday, 20 December 2012, 1:25 pm | Commerce Commission
Bertelsmann SE & Co. (owner of Random House) and Pearson plc (owner of Penguin) seek clearance to form a new jointly-owned company to be called Penguin Random House, which will acquire the retail book publishing businesses of Random House and Penguin. More >>
Commission secures $60m for investors in failed Credit SaILS
Tuesday, 18 December 2012, 9:52 am | Commerce Commission
The Commerce Commission has reached a settlement with five companies that concludes its investigation into the failed investment product Credit SaILS.As part of the settlement, the companies have agreed to create a settlement fund of $60 million ... More >>
New guidelines for prepaid phone card industry
Monday, 17 December 2012, 10:56 am | Commerce Commission
The Commerce Commission has issued new guidelines for the prepaid phone card industry following customer complaints that some cards did not deliver the number of calling minutes advertised. More >>
Statutory review of Fonterra’s milk price manual
Friday, 14 December 2012, 9:38 am | Commerce Commission
The Commerce Commission has today released a final report on its first statutory review of Fonterra’s milk price manual. The manual determines how Fonterra calculates the farm gate milk price, which is the price paid by Fonterra to dairy farmers for ... More >>
Don't Promise What You Can't Deliver Says Commission
Monday, 10 December 2012, 10:15 am | Commerce Commission
The Commerce Commission is reminding retailers of their responsibilities under the Fair Trading Act as the Christmas shopping season gathers pace. More >>
Hamilton Radiology seeks clearance to acquire Medimaging
Monday, 3 December 2012, 9:22 am | Commerce Commission
The Commerce Commission has received an application from Hamilton Radiology Limited. The application relates to the formation of a joint venture between Hamilton Radiology, Midland MRI and Medimaging. The joint venture will acquire the radiology assets of ... More >>
Proposed wholesale price for broadband bitstream service
Monday, 3 December 2012, 9:08 am | Commerce Commission
The Commerce Commission has today released its draft decision on a new cost-based price for Chorus’ unbundled bitstream access (UBA) service. More >>
New pricing limits for electricity distribution businesses
Friday, 30 November 2012, 10:21 am | Commerce Commission
The Commerce Commission has today released its final decision to reset the default price-quality paths for 16 electricity distributors. Two of the distributors will have to reduce their prices, while the remainder will be able to increase their prices ... More >>
Commission launches new guidelines over enforcement response
Friday, 23 November 2012, 10:45 am | Commerce Commission
The Commerce Commission has today launched new guidelines to help New Zealanders understand more about how the Commission’s Competition Branch enforces its consumer and competition legislation. More >>
Delay To Announcement On Pricing For Chorus’ Phone Lines
Monday, 19 November 2012, 3:44 pm | Commerce Commission
The Commerce Commission today announced a short delay to the final decision on the price Chorus can charge for its copper lines to now coincide with the draft decision on broadband access pricing. More >>
Com Com welcomes Supreme Court ruling on input methodologies
Thursday, 15 November 2012, 4:06 pm | Commerce Commission
The Commerce Commission welcomes a Supreme Court decision today confirming that the Commission is not required to determine a starting price input methodology for electricity distribution and gas pipeline services. This confirms the decision by the Court of ... More >>
Draft report on Wellington International Airport
Friday, 2 November 2012, 11:27 am | Commerce Commission
The Commerce Commission has today released a draft of a report to the Ministers of Commerce and Transport on how well information disclosure regulation is promoting the purpose of that regulation for Wellington International Airport. More >>
