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Commerce Commission - Latest News [Page 98]
Commerce Commission On Transpower
Saturday, 26 June 2010, 1:11 pm | Commerce Commission
The Commerce Commission has today published the fourth in a series of papers important to the development of input methodologies for regulated industries under Part 4 of the Commerce Act. More >>
Tomarata Sand granted clearance to acquire Coastal
Friday, 25 June 2010, 3:32 pm | Commerce Commission
The Commerce Commission has granted clearance to Tomarata Sand Limited to acquire the assets and business of Coastal Resources Limited relating to sand mining operations at Tomarata in Northland. More >>
Preformed Line Products granted clearance to buy
Thursday, 24 June 2010, 5:04 pm | Commerce Commission
The Commerce Commission has granted clearance for Preformed Line Products Company to acquire Electropar Limited. More >>
Competition review of UBA service
Wednesday, 23 June 2010, 9:20 am | Commerce Commission
The Commerce Commission today commenced a review to determine whether Telecom New Zealand Ltd faces limited competition in the provision of the unbundled bitstream access (UBA) service. The supply of the UBA service became subject to a competition ... More >>
Commerce Commission settles with ANZ and ING
Tuesday, 22 June 2010, 3:56 pm | Commerce Commission
In its largest monetary settlement to date, the Commerce Commission has secured $45 million for thousands of New Zealanders who invested in two funds marketed by ING (NZ) Limited (ING) and ANZ National Bank Limited (ANZN). This settlement follows ... More >>
Commerce Commission settles with ANZ and ING
Tuesday, 22 June 2010, 3:56 pm | Commerce Commission
In its largest monetary settlement to date, the Commerce Commission has secured $45 million for thousands of New Zealanders who invested in two funds marketed by ING (NZ) Limited (ING) and ANZ National Bank Limited (ANZN). This settlement follows ... More >>
Scandinavian Tobacco applies to acquire Match
Tuesday, 22 June 2010, 12:21 pm | Commerce Commission
The Commerce Commission has received an application from Scandinavian Tobacco Group seeking clearance to merge their New Zealand cigar and pipe tobacco business with Swedish Match. More >>
AMP granted clearance to buy AXA
Monday, 21 June 2010, 9:45 am | Commerce Commission
The Commerce Commission has granted clearance for AMP Limited to acquire the Australian and New Zealand operations of AXA Asia Pacific Holdings Limited. More >>
Draft decisions on Input Methodologies for gas
Monday, 21 June 2010, 9:43 am | Commerce Commission
The Commerce Commission has today published the third in a series of papers important to the development of input methodologies for regulated industries under Part 4 of the Commerce Act. It has released a paper setting out its draft decisions and reasons ... More >>
Draft decisions on Input Methodologies
Friday, 18 June 2010, 10:07 am | Commerce Commission
The Commerce Commission has reached another significant milestone in the development of input methodologies for regulated industries under Part 4 of the Commerce Act. It has today released a paper setting out its draft decisions and reasons on the ... More >>
1300 broadband customers to get refunds
Friday, 18 June 2010, 9:12 am | Commerce Commission
The Commerce Commission has reached a settlement with Telecom New Zealand Ltd (Telecom) under which Telecom will notify and refund approximately 1300 customers who may have been misled by a broadband promotion it conducted in 2008. Telecom will also contribute ... More >>
Commerce Commission recommends mobile regulation
Wednesday, 16 June 2010, 10:04 am | Commerce Commission
In its reconsideration report issued today, the Commerce Commission has recommended under the Telecommunications Act that the Minister for Communications and Information Technology regulate mobile termination access services (MTAS), and not accept undertakings ... More >>
Car finance company fined for breaching laws
Tuesday, 1 June 2010, 5:05 pm | Commerce Commission
An Auckland-based car finance company has pleaded guilty to breaching the Credit Contracts and Consumer Finance Act (CCCF Act) and the Fair Trading Act in relation to car loan contracts. Dolbak Finance Limited has been fined a total of $2000 in ... More >>
New Regime for Airport Regulation Closer
Monday, 31 May 2010, 10:51 am | Commerce Commission
The Commerce Commission has reached an important milestone in the setting of a new regulatory regime for airports under Part 4 of the Commerce Act. More >>
False country of origin claims result in fines
Friday, 28 May 2010, 12:04 pm | Commerce Commission
A second company selling Royal Jelly in Auckland souvenir stores, falsely claiming its product to be New Zealand made, has been convicted and fined in the Auckland District Court yesterday. Shim’s International Limited, trading as Royal Deer of ... More >>
Commission advises industry on credit card fees
Friday, 21 May 2010, 9:35 am | Commerce Commission
The Commerce Commission has issued compliance advice letters to a number of banks and credit card providers (issuers) following an investigation into the reasonableness of credit card exception fees. Late payment and over-limit fees are two of a group ... More >>
Broadband report shows improvement in web browsing
Tuesday, 18 May 2010, 10:36 am | Commerce Commission
The Commerce Commission has released its report on New Zealand broadband quality covering the period 1 July to 31 December 2009. The report examines the quality of broadband services provided by New Zealand’s internet service providers (ISPs). ... More >>
New requirements for Telecom regulatory statements
Tuesday, 18 May 2010, 10:11 am | Commerce Commission
The Commerce Commission today published the new information disclosure requirements that Telecom must follow when preparing its regulatory financial statements. The requirements have been revised following a period of consultation. More >>
Revised draft credit fees guidelines released
Wednesday, 12 May 2010, 3:33 pm | Commerce Commission
The Commerce Commission today released revised draft guidelines outlining the Commission’s enforcement approach to credit fees under the Credit Contracts and Consumer Finance Act (CCCF Act). More >>
Commerce Commission recommends mobile regulation
Wednesday, 12 May 2010, 9:23 am | Commerce Commission
In a draft reconsideration report issued today, the Commerce Commission has indicated that its preliminary view is to recommend that the Minister for Communications and Information Technology regulate mobile termination access services, and not accept ... More >>
