November 2006
Owens Corning applies for clearance to acquire Compagnie de Saint-Gobain
21 November 2006
The Commerce Commission has received an application from Owens Corning seeking clearance to acquire the building reinforcement business of Compagnie de Saint-Gobain.Relates to: Business Competition
Schedule 3 Investigations into amending the Roaming and Co-location Services
16 November 2006
The Commerce Commission's investigations into whether or not to amend the terms of the current roaming and co-location services have now formally commenced, with the Commission's decision to investigate under Schedule 3 of the Telecommunications Act 2001 published in today's New Zealand Gazette.Relates to: Telecommunications
Successful first prosecution under CCCF Act
15 November 2006
In the first prosecution under the Credit Contracts and Consumer Finance Act, Senate Finance Limited, which provides finance to the customers of car dealers, has been fined $59,000 for giving customers terms and conditions they could not read. Seventeen affected customers were also awarded a total of $13,700 in statutory damages.Relates to: Fair Trading, Consumer Credit
Commission alleges price-fixing in credit card interchange fees
10 November 2006
The Commission has issued civil proceedings against Visa, MasterCard and 11 financial institutions for alleged price-fixing in relation to interchange fees.Relates to: Business Competition
Solid Energy cleared to acquire Newvale Coal
10 November 2006
The Commission has cleared Solid Energy New Zealand Limited to acquire the entire share capital in Newvale Coal Co Limited.Relates to: Business Competition
Consultation begins on Unison administrative settlement
9 November 2006
The Commission today released its consultation package on an administrative settlement offer proposed by Unison Networks as an alternative to the imposition of regulatory control.
Relates to: Electricity