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Commerce Commission - Latest News [Page 83]
Commerce Commission clears merger of Penguin, Random House
Tuesday, 19 March 2013, 4:43 pm | Commerce Commission
The Commerce Commission has cleared Bertelsmann SE & Co. KGaA (owner of Random House) and Pearson plc (owner of Penguin) to form a new jointly-owned company - Penguin Random House- which will acquire the consumer book publishing businesses of the two ... More >>
Great News For Investors In Failed Investment Product
Tuesday, 19 March 2013, 9:59 am | Commerce Commission
Thousands of investors who lost millions of dollars when the financial product Credit SaILS failed in the global financial crisis will receive some welcome news in the post around Easter. More >>
Baxter International seeks clearance to acquire Gambro AB
Friday, 15 March 2013, 3:38 pm | Commerce Commission
The Commerce Commission has received an application from Baxter International Inc. seeking clearance to acquire Gambro Pty Ltd. The application relates to a global merger. More >>
Check liability for Telecommunications Development Levy
Wednesday, 13 March 2013, 9:20 am | Commerce Commission
The Commerce Commission reminds those who deliver telecommunications services to check whether they are liable to contribute to the 2012/13 Telecommunications Development Levy. More >>
Commission consulting on business competition guidelines
Friday, 8 March 2013, 3:12 pm | Commerce Commission
The Commerce Commission is consulting on new draft guidelines that outline the Commission’s approach to assessing clearance and authorisation applications. The Commission is consulting on a revised draft of the current Mergers and Acquisitions Guidelines, ... More >>
Lessons for Finance Sector from Investigation
Thursday, 7 March 2013, 9:18 am | Commerce Commission
The Commerce Commission is advising the finance sector to take note of the lessons to be learned from its investigation into the marketing and sale of the failed investment product Credit SaILS. The Commission has today released its Investigation Closure ... More >>
Interest rate swaps investigation
Thursday, 28 February 2013, 11:15 am | Commerce Commission
Commerce Commission Chairman Dr Mark Berry has today provided an update to the Primary Production select committee on the Commission’s progress in its interest rate swaps investigation. More >>
Commerce Commission Sets Gas Prices And Quality Standards
Thursday, 28 February 2013, 9:22 am | Commerce Commission
The Commerce Commission has released its final decision on the first default price-quality paths for gas pipeline services. More >>
ComCom settles with Marac Finance following $500,000 payout
Monday, 25 February 2013, 12:06 pm | Commerce Commission
The Commerce Commission has settled with Marac Finance Limited following the finance company’s decision to refund 1,000 customers a total of about $567,000. More >>
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 >>
