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Commerce Commission - Latest News [Page 9]

Commission Updates Authorisation Guidelines And Application Form

Monday, 3 July 2023, 3:54 pm | Commerce Commission

The Commission has revised its Authorisation Guidelines and application form following amendments to the Commerce Act and the release of its Business Collaboration in response to an emergency guidance. The Commerce Act 1986 prohibits certain anticompetitive ... More >>

Commerce Commission Amends TAB/Tabcorp Authorisation

Wednesday, 28 June 2023, 10:38 am | Commerce Commission

Following a request from TAB New Zealand, the Commerce Commission (Commission) has decided to amend the authorisation granted by the Commission to certain arrangements between the New Zealand Racing Board (now called TAB) and Tabcorp Wagering Manager ... More >>

ComCom Files Appeal, Argues NZME Fine “manifestly Inadequate”

Monday, 26 June 2023, 10:09 am | Commerce Commission

The Commerce Commission has filed an appeal in the Auckland High Court against the sentence imposed on NZME Advisory Limited (NZME) last month for its offending under product safety laws, when it supplied magnetic puzzle toys through its previously ... More >>

Commission Opens Market Study Into Personal Banking Services

Wednesday, 21 June 2023, 1:03 pm | Commerce Commission

The Commerce Commission has opened a market study into personal banking services that will examine how well competition is working and consider options for enhancing competition for the long-term benefit of Kiwi consumers. Commerce Commission Chair, ... More >>

Statement Of Issues Released For Microsoft’s Proposed Acquisition Of Activision

Tuesday, 20 June 2023, 4:02 pm | Commerce Commission

The Commerce Commission has published a Statement of Issues relating to an application from Microsoft seeking clearance to acquire Activision Blizzard. The Statement of Issues outlines the Commission’s potential competition issues with the acquisition ... More >>

Telco Annual Monitoring Report Shows Rural Kiwis Paying More For Less

Thursday, 15 June 2023, 11:25 am | Commerce Commission

The Commerce Commission’s 2022 Annual Telecommunications Monitoring Report released today puts the spotlight on rural services for the first time – highlighting that Kiwis in more rural areas are likely to have significantly lower performing broadband ... More >>

Commission Publishes Draft Decisions On Key Rules For Energy And Airport Infrastructure

Wednesday, 14 June 2023, 11:07 am | Commerce Commission

The Commerce Commission is today seeking feedback on draft decisions on its regulatory rules governing energy networks and major international airports. The rules, known as input methodologies (IMs), provide certainty about how the Commission will approach ... More >>

Statement Of Prelim Issues Released For Moana’s Proposed Acquisition Of Sanford’s North Island Inshore Fishing Business

Monday, 12 June 2023, 8:40 pm | Commerce Commission

The Commerce Commission has published a statement of preliminary issues relating to an application from Aotearoa Fisheries Limited (trading as Moana New Zealand) seeking clearance to acquire Sanford Limited’s North Island inshore fishing business. ... More >>

Statement Of Issues Released For Reward’s Proposed Acquisition Of Southern Hospitality

Thursday, 8 June 2023, 4:37 pm | Commerce Commission

The Commerce Commission has published a statement of issues relating to an application from Reward Supply Co Pty Limited seeking clearance to acquire Southern Hospitality Limited. The Statement of Issues outlines the Commission’s potential competition ... More >>

Statement Of Preliminary Issues Released For Volution Group Application To Acquire Proven Systems

Thursday, 1 June 2023, 5:29 pm | Commerce Commission

The Commerce Commission has published a statement of preliminary issues relating to an application from Volution Group plc seeking clearance to acquire the business and assets of Proven Systems Limited. The statement outlines the key competition ... More >>

Commission Grants Clearance For Henkel To Acquire Earthwise Brands

Thursday, 1 June 2023, 4:24 pm | Commerce Commission

The Commerce Commission has granted clearance for Henkel New Zealand Limited to acquire the Earthwise brand and business from Earthwise Group Limited, comprising the intellectual property in the Earthwise name, logo, bottle and formulas, the Earthwise ... More >>

Commission To Dig Into Rural Connectivity Options

Wednesday, 31 May 2023, 10:26 am | Commerce Commission

The Commerce Commission has today launched its Rural Connectivity Study with the goal of painting a detailed picture of the rural telecommunications market – the options available to rural communities, businesses and farmers, beyond the national ... More >>

Moana Seeks Clearance To Acquire Sanford’s North Island Inshore Fishing Business

Monday, 29 May 2023, 7:46 pm | Commerce Commission

The Commerce Commission has received a clearance application from Aotearoa Fisheries Limited trading as Moana New Zealand seeking clearance to acquire Sanford Limited’s North Island inshore fishing business. Under the proposed acquisition, Sanford Limited ... More >>

NZME Fined For Selling Dangerous Magnetic Toys

Friday, 26 May 2023, 9:46 am | Commerce Commission

NZME Advisory Limited (NZME) has been fined in the Auckland District Court yesterday for supplying unsafe magnetic puzzle toys, commonly known as buckyballs, which breached product safety laws and caused harm to a child in New Zealand in 2021. The toys , ... More >>

Statement Of Preliminary Issues For Inghams’ Proposed Acquisition Of Certain Assets From Bromley Park Hatcheries

Thursday, 25 May 2023, 7:50 pm | Commerce Commission

The Commerce Commission has published a statement of preliminary issues relating to an application from Inghams Enterprises (NZ) Pty Limited seeking clearance to acquire the assets of the Cobb Commercial and Riverland businesses of Bromley Park ... More >>

Big Spread In Pump Prices Shows Value Of Shopping Around For Fuel

Thursday, 25 May 2023, 9:20 am | Commerce Commission

The Commerce Commission’s latest Quarterly Fuel Monitoring Report shows a big spread of prices at the pump – with Regular 91 in Auckland varying by 38 cents – highlighting the value of shopping around. The difference in prices between the ... More >>

Mercury Fined For Misleading Its Customers Over Early Termination Fee

Thursday, 25 May 2023, 7:44 am | Commerce Commission

One of New Zealand’s largest electricity retailers, Mercury NZ Limited (Mercury), has been fined $279,500 for communicating to approximately 2,000 customers that they were required to pay an early termination fee when they were not, breaching the Fair ... More >>

Volution Group Seeks Clearance To Acquire Proven Systems

Monday, 22 May 2023, 4:01 pm | Commerce Commission

The Commerce Commission has received a clearance application from Volution Group plc to acquire 100% of the business and assets of Proven Systems Limited. The parties overlap in the supply of home ventilation systems. Home ventilation systems reduce ... More >>

TAB Seeks Variation To Authorisation Of Its Arrangements With Tabcorp To Reflect Partnership Agreement With Entain

Wednesday, 17 May 2023, 7:32 pm | Commerce Commission

The Commerce Commission (Commission) has received a request from TAB New Zealand (TAB) seeking to vary the authorisation granted by the Commission to certain arrangements between the New Zealand Racing Board (now called TAB) and Tabcorp Wagering Manager ... More >>

Inghams Seeks Clearance To Acquire Certain Assets From Bromley Park Hatcheries

Tuesday, 16 May 2023, 2:20 pm | Commerce Commission

The Commerce Commission has received a clearance application from Inghams Enterprises (NZ) Pty Limited (Inghams) to acquire the assets of the Cobb Commercial and Riverland businesses of Bromley Park Hatcheries Limited. Inghams is part of Inghams Group Limited, ... More >>

   

 
 
 
 
 

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