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Commerce Commission - Latest News [Page 93]
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The Commerce Commission has withdrawn charges against Singapore Airlines Cargo Pte Ltd and Cathay Pacific Airways Ltd for failing to supply information in relation to the Commission’s air cargo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 >>
Commission consults on draft term terms of reference
Tuesday, 5 April 2011, 4:27 pm | Commerce Commission
The Commerce Commission has today released draft terms of reference for a demand side study. The study will contribute to the identification of any issues that may impede the uptake of ultra-fast broadband (UFB) in New Zealand. More >>
Rugby union authorisation no longer required
Friday, 1 April 2011, 2:40 pm | Commerce Commission
The Commerce Commission has revoked an authorisation granted to the New Zealand Rugby Union (NZRU), relating to salary cap arrangements and player movement regulations, as it is no longer required. The original authorisation was requested by the NZRU ... More >>
Dairy Price Control To Be Examined - Commerce Commission
Wednesday, 30 March 2011, 3:36 pm | Commerce Commission
The Commerce Commission is undertaking preliminary analysis to determine whether a price control inquiry into retail milk is warranted under Part 4 of the Commerce Act. A number of parties have laid specific complaints with the Commission about ... More >>
Competitive services not developed for UBA backhaul line
Wednesday, 23 March 2011, 9:37 am | Commerce Commission
The Commerce Commission today announced that no competitive services have developed for unbundled bitstream access (UBA) backhaul links. This means all UBA links will remain subject to the terms of the UBA backhaul Standard Terms Determination (STD). ... More >>
Cartel case settlements as Commerce Com prepares for court
Friday, 18 March 2011, 11:48 am | Commerce Commission
The Commerce Commission has reached settlements with three international airlines charged in a major cartel proceeding, ahead of the first hearing in the case scheduled for May this year. More >>
Bathroom and kitchen supplier settles over misleading claims
Thursday, 17 March 2011, 12:04 pm | Commerce Commission
Bathroom and kitchen supplier Spazio Casa Limited has entered into a settlement with the Commerce Commission following multiple breaches of the Fair Trading Act. More >>
Court of Appeal rules on use of confidentiality orders
Friday, 11 March 2011, 10:07 am | Commerce Commission
The Commerce Commission welcomes yesterday’s judgment by the Court of Appeal in relation to the Commission’s use of confidentiality orders in a major cartel investigation. More >>
Commerce Commission considers revoking Rugby Union decision
Wednesday, 9 March 2011, 10:23 am | Commerce Commission
The Commerce Commission is considering revoking its decision that authorised the New Zealand Rugby Union (NZRU) to have a salary cap and player movement regulations. More >>
More UCLL backhaul links are competitive, says Commerce Comm
Wednesday, 9 March 2011, 9:40 am | Commerce Commission
The Commerce Commission today announced that 88 unbundled copper local loop (UCLL) backhaul links are now competitive. The decision is a result of a review by the Commission into whether Telecom faces competition in providing this service. More >>
Cost of capital for regulated services determined
Friday, 4 March 2011, 9:43 am | Commerce Commission
The Commerce Commission today released its determination specifying the weighted average cost of capital (WACC) for regulated services under Part 4 of the Commerce Act 1986. These regulated services are electricity lines services, gas pipeline services, ... More >>
Interpipe to acquire Fletcher Concrete’s Hamilton pipe plant
Friday, 4 March 2011, 9:30 am | Commerce Commission
The Commerce Commission has granted clearance for Interpipe Holdings Limited (trading as Waters & Farr) to acquire Fletcher Concrete and Infrastructure Limited’s vertical drycast technology concrete pipe plant located in Hamilton. More >>
