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Commerce Commission - Latest News [Page 96]
World Cup: Commerce Com. focuses on fair play
Monday, 1 November 2010, 11:45 am | Commerce Commission
The Commerce Commission is taking a close interest in ensuring businesses cashing in on the opportunities presented by the 2011 Rugby World Cup play by the rules – in particular the Commerce Act, Fair Trading Act and Credit Contracts and Consumer ... More >>
Final consultation on gas pipeline services
Monday, 1 November 2010, 11:11 am | Commerce Commission
The Commerce Commission today released its revised draft input methodologies determinations for gas pipeline services for technical consultation. A revised draft determination for each of gas distribution and gas transmission services has been released. This ... More >>
Commission takes over grid upgrade plan approval
Monday, 1 November 2010, 11:05 am | Commerce Commission
From 1 November 2010 the Commerce Commission assumes responsibility for requesting or approving electricity grid upgrade plan proposals by Transpower New Zealand Limited. Previously approval of grid upgrade plans was part of the Electricity Commission’s ... More >>
Bluestone applications declined
Friday, 29 October 2010, 1:50 pm | Commerce Commission
The High Court in Auckland has declined applications by Bluestone Mortgages NZ Limited and two other entities for leave to apply for summary judgment, and alternatively to strike out claims brought by the Commerce Commission. More >>
Preliminary issues available for AsureQuality
Friday, 22 October 2010, 4:52 pm | Commerce Commission
The Commerce Commission has published a statement of preliminary issues relating to an application received from AsureQuality Limited and Proficiency Services Limited on 15 October 2010 seeking clearance to form a new joint venture company. More >>
Final consultation on input methodologies
Friday, 22 October 2010, 10:32 am | Commerce Commission
The Commerce Commission today released its revised draft input methodologies determination for electricity distribution services for technical consultation. This is expected to be the last consultation step before the input methodologies for electricity distribution ... More >>
Refunds for second tier home loan borrowers
Thursday, 21 October 2010, 5:32 pm | Commerce Commission
The Commerce Commission has entered into a settlement with New Zealand Guardian Trust Company resulting from an investigation into break fees. The settlement will see 77 affected consumers sharing refunds of $165,000. More >>
Businesses reminded not to mislead public
Thursday, 21 October 2010, 3:51 pm | Commerce Commission
The Commerce Commission is reminding those businesses who choose to apply a surcharge on public holidays that they must not mislead consumers. This follows a warning to a company that is a major provider of food and alcohol at Wellington’s Westpac ... More >>
Commerce Commission appoints new CEO
Tuesday, 19 October 2010, 4:04 pm | Commerce Commission
The Commerce Commission is very pleased to announce the appointment of Brent Alderton as the new CEO from 1 January 2011. He replaces Nicholas Hill who is leaving the Commission at the end of this year. More >>
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 >>
