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Commerce Commission - Latest News [Page 96]

Commerce Commission focuses on construction sector

Tuesday, 19 October 2010, 10:54 am | Commerce Commission

Research conducted on behalf of the Commerce Commission indicates that some construction businesses are not aware of competition law and this may be affecting competition for non-residential building projects. More >>

Commission ends plans to draft enforcement

Monday, 18 October 2010, 12:15 pm | Commerce Commission

The Commerce Commission will no longer develop guidelines on section 36 of the Commerce Act. Section 36 is aimed at preventing companies with substantial market power from using or taking advantage of that market power to deter competition. More >>

AsureQuality, Proficiency Services joint venture

Friday, 15 October 2010, 4:31 pm | Commerce Commission

The Commerce Commission has received an application from AsureQuality Limited and Proficiency Services Limited seeking clearance to form a new joint venture company. The joint venture company would acquire all of the proficiency testing business assets ... More >>

Commerce Commission opens Telecom investigation

Friday, 15 October 2010, 9:57 am | Commerce Commission

The Commerce Commission announced today it has launched an investigation into an alleged breach of Separation Undertakings by Telecom Corporation of New Zealand. The investigation will assess whether Telecom Wholesale is likely to have discriminated ... More >>

Statement available on Sanford application

Thursday, 14 October 2010, 11:17 am | Commerce Commission

The Commerce Commission has published a statement of preliminary issues relating to an application received from Sanford Limited on 29 September 2010 seeking clearance to acquire the Pacifica Seafoods Group of companies. More >>

Company director and car dealership fined

Tuesday, 12 October 2010, 4:44 pm | Commerce Commission

The managing director of a Porirua car dealership and his company, Sunrise Motor Group Limited, were fined in the Wellington District Court today after pleading guilty to multiple charges of breaching the Fair Trading Act. Surya Kumar was fined a total ... More >>

Revised draft information disclosure determination

Monday, 11 October 2010, 10:46 am | Commerce Commission

The Commerce Commission has released a revised draft information disclosure determination for specified airports services, for technical consultation. This is expected to be the final consultation step before the information disclosure requirements for ... More >>

Businesses reminded not to mislead over GST

Friday, 8 October 2010, 12:38 pm | Commerce Commission

The Commerce Commission is reminding businesses that they risk breaching the Fair Trading Act if price increases are misleadingly represented as being due to the GST increase. This follows a warning issued to the owners of Wellington’s daily paper, ... More >>

Methven pleads guilty to misleading consumers

Monday, 4 October 2010, 5:06 pm | Commerce Commission

Methven Limited, a company that manufactures and supplies bathroom fittings, has pleaded guilty to nine breaches of the Fair Trading Act for misleading consumers about the potential savings gained when using the Satinjet shower product range. ... More >>

Final consultation on input methodologies

Friday, 1 October 2010, 10:28 am | Commerce Commission

The Commerce Commission today released its revised draft input methodologies determination for specified airport services for technical consultation. This is expected to be the final consultation step before the input methodologies for airports are finalised. More >>

False Royal Jelly Company Fined

Wednesday, 29 September 2010, 2:11 pm | Commerce Commission

A company that admitted labelling imported royal jelly as New Zealand made, and as being of high potency when it was neither, has been fined $16,000 in the Auckland District Court. An individual associated with the company has also been fined $12,000. More >>

Tyre traders admit price fixing on Trade Me

Monday, 27 September 2010, 10:49 am | Commerce Commission

The Commerce Commission has reached administrative settlements with two Trade Me sellers who admitted that they had been fixing prices for tyres, which is illegal under the Commerce Act. More >>

Backhaul services draft reports released

Thursday, 23 September 2010, 11:19 am | Commerce Commission

The Commerce Commission today released a revised draft report on the unbundled copper local loop (UCLL) backhaul service and a draft report on the unbundled bitstream access (UBA) backhaul service. The Commission has been undertaking a review into ... More >>

Commerce Act guidelines for trade associations rel

Tuesday, 14 September 2010, 1:09 pm | Commerce Commission

The Commerce Commission has today released guidelines to help trade associations understand their obligations under the Commerce Act. The guidelines are part of new series of guidelines and fact sheets focusing on the Commerce Act. More >>

Wellington airport taxis unlikely to breach Act

Friday, 10 September 2010, 10:46 am | Commerce Commission

The Commerce Commission has advised complainants regarding new arrangements for taxis and shuttles at Wellington International Airport Limited that these arrangements are unlikely to breach the Commerce Act. More >>

Telecommunications Service Obligations

Friday, 10 September 2010, 9:54 am | Commerce Commission

The Commerce Commission has advised the Minister for Communications and Information Technology that Telecom Corporation of New Zealand Limited and Sprint International New Zealand Limited have complied with all their Telecommunications Service Obligations ... More >>

Guidelines on deterring bid rigging

Friday, 3 September 2010, 1:11 pm | Commerce Commission

The Commerce Commission has today released three related resources to assist purchasers in both the public and private sectors in recognising and deterring bid rigging. More >>

Draft Code to Minister for approval

Thursday, 2 September 2010, 5:23 pm | Commerce Commission

The Commissioner for Financial Advisers, David Mayhew has approved the draft Code of Professional Conduct for Authorised Financial Advisers, and sent it to the Minister of Commerce, Hon Simon Power for his approval. More >>

Commerce Commission files freight forwarding case

Thursday, 2 September 2010, 10:32 am | Commerce Commission

The Commerce Commission has filed proceedings in the High Court in Auckland against a number of companies accused of anti-competitive conduct in the freight forwarding market. More >>

Balmoral directors fined over fair trading breach

Wednesday, 1 September 2010, 5:31 pm | Commerce Commission

Two directors of a Christchurch-based building company that has gone into liquidation pleaded guilty to multiple charges of breaching the Fair Trading Act in the Christchurch District Court today. They have been fined $15,000 each and have been ordered to ... More >>

   

 
 
 
 
 

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