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Commerce Commission - Latest News [Page 97]
Rental car companies fined for misleading public
Wednesday, 1 September 2010, 2:37 pm | Commerce Commission
Two Christchurch-based rental car companies, Affinity Car Rental New Zealand Limited and Euro Car Rental New Zealand Limited, and their directors, Kylee and Gary Harris, have pleaded guilty to 18 charges of breaching the Fair Trading Act. The Christchurch ... More >>
Com Com recommends Telecom resale regs remain
Thursday, 26 August 2010, 9:38 am | Commerce Commission
The Commerce Commission has today released its draft report into whether the services that Telecom provides to other telecommunications companies to be resold should remain subject to the Telecommunications Act 2001. More >>
Guidelines For Bundled Telecommunications Issued
Friday, 20 August 2010, 5:42 pm | Commerce Commission
The Commerce Commission has today issued guidelines to help telecommunications retailers better understand their Fair Trading Act obligations in relation to the disclosure of bundled telecommunications products. More >>
Car Traders Must Be Aware Of Obligations
Friday, 20 August 2010, 11:31 am | Commerce Commission
The Commerce Commission is reminding people who frequently sell motor vehicles on Trade Me or similar sites to be aware of their legal obligations when advertising and selling motor vehicles. “Trade Me is a popular way for both private sellers ... More >>
Court of Appeal clarifies intention
Thursday, 19 August 2010, 3:21 pm | Commerce Commission
A decision delivered by the Court of Appeal on Monday in a case involving the Commerce Commission and Progressive Enterprises Limited has clarified the interpretation of Section 17 of the Fair Trading Act. Section 17(a) of the Act prohibits the offering ... More >>
Reset default price-quality path with differential
Friday, 13 August 2010, 9:43 am | Commerce Commission
The Commerce Commission today released its consultation paper with a draft decision to amend the default price-quality path (DPP) applying to electricity distribution businesses (EDBs) for the period 2010-2015 by including a revenue differential term. More >>
Fine for misleading ‘NZ made’ souvenir claims
Monday, 9 August 2010, 7:21 pm | Commerce Commission
A Christchurch-based company that supplies souvenir and gift shops at airports and major tourist destinations throughout New Zealand has been fined $48,000 in the Christchurch District Court today. More >>
Fine for misleading ‘NZ made’ souvenir claims
Monday, 9 August 2010, 7:21 pm | Commerce Commission
A Christchurch-based company that supplies souvenir and gift shops at airports and major tourist destinations throughout New Zealand has been fined $48,000 in the Christchurch District Court today. More >>
Commission releases draft review of unbundling
Friday, 6 August 2010, 9:56 am | Commerce Commission
The Commerce Commission today released a draft report on its review of where Telecom faces competition in the provision of backhaul services for the unbundled copper local loop. Backhaul is the final link connecting competitors to Telecom’s local ... More >>
Price adjustment consultation paper released
Thursday, 5 August 2010, 10:07 am | Commerce Commission
The Commerce Commission has today released a consultation paper on its proposed framework for making ‘starting price adjustments’ under a default price-quality path (DPP) applied to non-exempt electricity distribution businesses and to gas pipeline businesses. More >>
Indicative mobile termination regulation process
Wednesday, 4 August 2010, 9:32 am | Commerce Commission
The Commerce Commission has announced its indicative process for determining mobile termination rates, following today’s announcement by the Minister for Communications and Information Technology, Stephen Joyce, that he has accepted the Commission’s ... More >>
Company admits 34 breaches of Fair Trading Act
Tuesday, 27 July 2010, 11:19 am | Commerce Commission
Budget Loans Limited has pleaded guilty to 34 charges of breaching the Fair Trading Act in the Auckland District Court today. The charges relate to misleading claims made by Budget Loans that it was entitled to recover certain interest and fees from ... More >>
$100,000 penalties imposed in Waikato pathology
Friday, 23 July 2010, 1:50 pm | Commerce Commission
The High Court in Auckland has imposed penalties on New Zealand Diagnostic Group and Pathology Associates Limited after they admitted being parties to an anti-competitive agreement concerning community pathology testing services in the Waikato area. More >>
Beware of credit card scam
Friday, 23 July 2010, 12:16 pm | Commerce Commission
The Commerce Commission is urging New Zealanders not to fall for a scam in which people are being phoned and told they are eligible for a refund for overcharges on their credit card, but they have to pay the scammers money in order to receive the ... More >>
Commission directs $45m to ANZ/ING investors
Wednesday, 21 July 2010, 10:36 am | Commerce Commission
The Commerce Commission has determined the payment method for distribution of the $45 million settlement fund agreed with ANZ National Bank Limited (ANZ) and ING (NZ) Limited (ING) in respect of the ING Diversified Yield Fund (DYF) and ING Regular ... More >>
Caution needed again over holiday vouchers
Monday, 19 July 2010, 10:42 am | Commerce Commission
Consumers should exercise caution when approached by telemarketers selling vouchers for discounted or free holidays, hotels and flights, the Commerce Commission warned today. More >>
Telecom settles over wholesale loyalty offer
Friday, 9 July 2010, 9:34 am | Commerce Commission
The Commerce Commission has reached a $1.6 million settlement with Telecom Corporation of New Zealand Limited. The settlement follows a Commission investigation launched after receiving complaints from the telecommunications industry alleging that Telecom ... More >>
New appointment to the Commerce Commission
Thursday, 1 July 2010, 2:34 pm | Commerce Commission
Commerce Minister Simon Power today announced that Dr Stephen Gale has been appointed as an associate member of the Commerce Commission. More >>
Reasons for price increases must not be misleading
Wednesday, 30 June 2010, 9:51 am | Commerce Commission
The Commerce Commission is reminding businesses of their obligation under the Fair Trading Act not to mislead consumers about the reasons for price increases. More >>
Commerce Commission releases Transpower decisions
Monday, 28 June 2010, 9:23 am | Commerce Commission
The Commerce Commission has today released its draft decisions and reasons on the application of individual price-quality regulation to Transpower. It complements a paper published on Friday 25 June 2010, setting out the Commission’s draft decisions ... More >>
