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Commerce Commission - Latest News [Page 88]
Discussion paper on telco levy allocation
Thursday, 2 February 2012, 9:19 am | Commerce Commission
The Commerce Commission today released a discussion paper on how it intends to implement the new Telecommunications Development Levy liability allocation process. The discussion paper outlines the Commission's preliminary views on how the TDL liability allocation ... More >>
Chrisco fined $175k, misleading customers on cancellations
Wednesday, 1 February 2012, 4:18 pm | Commerce Commission
Christmas hamper company Chrisco Hampers Limited was fined $175,000 in the Manukau District Court today after pleading guilty to breaching the Fair Trading Act by misleading customers about their cancellation rights under the Layby Sales Act. More >>
Preliminary issues for epay/Ezi-Pay clearance application
Wednesday, 1 February 2012, 3:02 pm | Commerce Commission
The Commerce Commission has published a statement of preliminary issues relating to an application from epay New Zealand Ltd seeking clearance to acquire Ezi-Pay Ltd. More >>
Preliminary Issues Available For IAG/AMI Clearance
Thursday, 26 January 2012, 2:22 pm | Commerce Commission
The Commerce Commission has published a statement of preliminary issues relating to an application from IAG seeking clearance to acquire AMI Insurance. Both IAG and AMI supply general insurance including house, contents, and motor vehicles. The statement ... More >>
Second issues paper on high speed broadband demand-side
Tuesday, 24 January 2012, 2:39 pm | Commerce Commission
The Commerce Commission has today released the second of three issues papers relating to the uptake of high speed broadband ahead of a public conference in February 2012. The paper is in two parts and examines the potential demand for high speed broadband ... More >>
epay New Zealand Ltd seeks clearance to acquire Ezi-Pay Ltd
Wednesday, 18 January 2012, 10:39 am | Commerce Commission
The Commerce Commission has received an application from epay New Zealand Ltd seeking clearance to acquire Ezi-Pay Ltd. The acquisition would also include certain assets of Compass Communications and the assets or shares of EFTDATA Holdings Ltd. More >>
Commerce Commission: alternative allergy treatment providers
Wednesday, 18 January 2012, 10:15 am | Commerce Commission
The Commerce Commission is urging alternative health providers to review their claims about diagnosing and curing allergies, particularly to food, to ensure they do not breach the Fair Trading Act. More >>
Commerce Commission dealing with daily deal sites at source
Wednesday, 11 January 2012, 2:10 pm | Commerce Commission
The Commerce Commission has stemmed a growing tide of complaints about daily deal and group buying websites with a proactive approach to educating the websites about consumer law. More >>
Input Methodology processes upheld by High Court
Friday, 23 December 2011, 10:14 am | Commerce Commission
The Commerce Commission today welcomed a High Court judgment on a number of judicial review applications around the Commission’s 2010 Input Methodology determinations. Justice Clifford found for the Commission on all but one of the challenges brought ... More >>
$3mil penalty over refrigerator compressor industry cartel
Thursday, 22 December 2011, 11:56 am | Commerce Commission
The High Court at Auckland has imposed a penalty of $3million against a major manufacturer of refrigerator compressors following a cartel investigation under the Commerce Act. More >>
IAG NZ Limited seeks clearance to acquire AMI Insurance
Tuesday, 20 December 2011, 11:51 am | Commerce Commission
The Commerce Commission has received an application from IAG New Zealand Limited (IAG) seeking clearance to acquire certain business assets of AMI Insurance. More >>
Mobile monitoring report shows continuation of early trends
Tuesday, 20 December 2011, 10:08 am | Commerce Commission
The Commerce Commission’s second mobile monitoring report released today shows a continued narrowing of the difference between the costs of on-net and off-net calls and text messages. This has resulted in an increase in calling and text messaging ... More >>
Second electricity company to refund customers
Tuesday, 20 December 2011, 9:32 am | Commerce Commission
A second electricity company this year has admitted breaching the Fair Trading Act and will refund customers who weren’t given a prompt payment discount with their final bills. More >>
GE Money settles with Commerce Commission
Monday, 19 December 2011, 12:27 pm | Commerce Commission
A settlement between the Commerce Commission and GE Money today will result in GE Money paying a $60,000 donation to the New Zealand Federation of Family Budgeting Services after admitting it breached the Fair Trading Act. More >>
Commerce Commission Paper On High Speed Broadband Demand
Monday, 19 December 2011, 9:39 am | Commerce Commission
The Commerce Commission has today released the first of three issues papers relating to the uptake of high speed broadband ahead of a public conference in February 2012. The paper examines the technical issues that the Commission has identified as being ... More >>
Fonterra-Kotahi joint venture unlikely to lessen competition
Friday, 16 December 2011, 3:01 pm | Commerce Commission
The Commerce Commission has reached a preliminary view that a proposed joint venture between Fonterra Co-operative Group Limited and Silver Fern Farms Limited would be unlikely to harm competition, and therefore does not need an authorisation under ... More >>
Broadband pricing improving - unlike fixed line calling
Friday, 16 December 2011, 9:22 am | Commerce Commission
The Commerce Commission has released its second report that benchmarks New Zealand prices for fixed line and mobile telecommunications services against international prices. More >>
Seagate Technology granted clearance
Thursday, 15 December 2011, 4:48 pm | Commerce Commission
The Commerce Commission has granted clearance for Seagate Technology Plc to acquire certain assets of the hard disk drive business of Samsung Electronics Co. Limited. More >>
“Outrageous” conduct leads to indefinite banning order
Tuesday, 6 December 2011, 11:12 am | Commerce Commission
The Commerce Commission has welcomed a banning order, the first of its kind issued under the Credit Contracts and Consumer Finance Act, which indefinitely prevents bankrupt and convicted fraudster Trevor Allan Ludlow from setting up, operating or ... More >>
Commission publishes register of Chorus wholesale customers
Wednesday, 30 November 2011, 11:40 am | Commerce Commission
The Commerce Commission today published a register of telecommunications companies who are wholesale customers of Chorus’s telecommunications services. More >>
