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Commerce Commission - Latest News [Page 92]
Commerce Commission to issue proceedings against Telecom
Thursday, 26 May 2011, 9:50 am | Commerce Commission
The Commerce Commission is to issue proceedings alleging that Telecom is likely to have discriminated under the Telecom Separation Undertakings. The Commission alleges that Telecom failed to provide other telecommunications service providers with unbundled ... More >>
Southern Cross & Aorangi Hospital apply for joint venture
Wednesday, 25 May 2011, 1:53 pm | Commerce Commission
The Commerce Commission has received a joint application under its streamlined authorisation process from Southern Cross Health Trust and Aorangi Hospital Limited. The application seeks authorisation for the two companies to merge their respective Palmerston North ... More >>
Commerce Commission Releases Terms For Broadband Study
Tuesday, 17 May 2011, 5:44 pm | Commerce Commission
The Commerce Commission has released the final terms of reference for a study into what drives demand for high speed broadband services. The study is intended to identify factors that may impede the uptake of those services in New Zealand. More >>
Preliminary issues for New Zealand Comfort Group’s clearance
Friday, 13 May 2011, 7:05 pm | Commerce Commission
Statement of preliminary issues for New Zealand Comfort Group’s clearance application to acquire Dunlop Living More >>
Court awards highest penalty to date in price fixing
Thursday, 12 May 2011, 12:14 pm | Commerce Commission
The High Court has ordered Qantas Airways Ltd to pay a $6.5 million penalty for breaches of the Commerce Act, the highest penalty to date in New Zealand for price fixing. More >>
NZ Comfort Group applies to acquire Dunlop Living
Friday, 6 May 2011, 2:42 pm | Commerce Commission
The Commerce Commission has received an application from New Zealand Comfort Group Limited, formerly Sleepyhead Manufacturing Company Limited, seeking clearance to acquire all the assets of Dunlop Living Limited. New Zealand Comfort Group manufactures ... More >>
Commerce Commission appeals ruling in cardboard cartel case
Friday, 6 May 2011, 1:29 pm | Commerce Commission
The Commerce Commission is filing an appeal against a High Court decision last month that limited the Commission’s case in respect of a cartel in the cardboard box industry. The High Court at Auckland decided on 20 April 2011 to reduce the number ... More >>
Commerce Commission cuts mobile termination rates
Thursday, 5 May 2011, 9:30 am | Commerce Commission
The Commerce Commission today released its decision on mobile termination rates – the cost of carrying a text or call on another network. There will be significant reductions in the wholesale termination rates for mobile calls and text messages. ... More >>
Commerce Commission on Telecom’s Accounting Separation
Tuesday, 3 May 2011, 12:09 pm | Commerce Commission
The Commerce Commission today published its summary and analysis of Telecom’s regulatory financial statements for the year ending 30 June 2010. More >>
Telecom’s regulatory financial statements "unreliable"
Tuesday, 3 May 2011, 10:47 am | Commerce Commission
The Commerce Commission today published its summary and analysis of Telecom’s regulatory financial statements for the year ending 30 June 2010. As a result of its analysis, the Commission concludes that the regulatory financial statements are unreliable ... More >>
Competition in telecommunications continues to improve
Friday, 29 April 2011, 10:04 am | Commerce Commission
The Commerce Commission has today released its 2009/10 telecommunications monitoring report analysing the state of New Zealand telecommunications markets. More >>
Commerece Commission Withdraws Charges From Airlines
Wednesday, 27 April 2011, 11:58 am | Commerce Commission
The Commerce Commission has withdrawn charges against Singapore Airlines Cargo Pte Ltd and Cathay Pacific Airways Ltd for failing to supply information in relation to the Commission’s air cargo price-fixing case. More >>
Commerce Com seeks submissions on proposed UBA changes
Thursday, 21 April 2011, 9:55 am | Commerce Commission
The Commerce Commission is seeking submissions on proposed changes to its methodology to calculate Telecom’s unbundled bitstream access (UBA) price, which is a regulated service under the Telecommunications Act 2001. More >>
CC narrows focus of air cargo cartel case before trial
Wednesday, 20 April 2011, 12:49 pm | Commerce Commission
The Commerce Commission today filed discontinuances against PT Garuda Indonesia and six Air New Zealand executives as it continues to refine its air cargo cartel case leading up to the first hearing next month. “Discontinuing against these parties ... More >>
Record Commerce Act Price Squeeze Penalty Against Telecom
Tuesday, 19 April 2011, 10:07 am | Commerce Commission
The High Court in Auckland has imposed a $12 million penalty against Telecom for breaching section 36 of the Commerce Act in the so-called ‘data tails’ case. The penalty is the highest imposed under the Commerce Act, which was amended in 2001 ... More >>
CC issues draft determination on wool scouring assets
Wednesday, 13 April 2011, 5:40 pm | Commerce Commission
The Commerce Commission has reached a preliminary view that it should allow Cavalier Wool Holdings to acquire up to 100 per cent of New Zealand Wool Services International’s wool scouring assets and stock (and/or the shares in New Zealand Wool Services International). More >>
Updated Views On Setting Starting Prices Released
Monday, 11 April 2011, 11:28 am | Commerce Commission
The Commerce Commission has today released an update paper outlining its current views on how to set starting prices for electricity distribution businesses subject to default price-quality paths (DPP) under Part 4 of the Commerce Act. More >>
Don’t fall for DNA scam
Thursday, 7 April 2011, 10:06 am | Commerce Commission
The Commerce Commission is warning people not to fall for a scam that has been circulating in Australia and has now hit New Zealand. It involves a supposed DNA testing kit, which has been turning up unsolicited in mail boxes. More >>
Promoter to pay reparation for Fair Trading Act breaches
Wednesday, 6 April 2011, 10:18 am | Commerce Commission
The Commerce Commission has concluded action under the Fair Trading Act against the promoter of property schemes in which vulnerable consumers were misled into thinking they were buying properties. In fact, the consumers were never registered on the ... More >>
$7.6M in Penalties Against Airlines in Cargo Cartel Case
Tuesday, 5 April 2011, 5:40 pm | Commerce Commission
The High Court in Auckland has today imposed penalties against two of the international airlines charged in a major cartel proceeding brought by the Commerce Commission. More >>
