March 2007
HSBC released from interchange fees case
28 March 2007
The Commerce Commission yesterday discontinued its case against the Hongkong and Shanghai Banking Corporation Ltd for alleged price-fixing in relation to interchange fees.Relates to: Business Competition
Standard terms for co-location in Telecom exchanges
28 March 2007
The Commission has begun the process of determining standard terms for access by other operators to Telecom's telephone exchanges. The aim is to set the terms by which other operators can co-locate equipment required to make use of Telecom's unbundled local loops. Co-locating equipment will assist other operators to provide services, such as broadband to their customers, over Telecom's local loop network.Relates to: Telecommunications
Warehouse acquisition clearance applications: date extension
28 March 2007
A further extension has been agreed to the due date for two clearance decisions relating to The Warehouse.Relates to: Business Competition
Ribena Vitamin C claims false and misleading: Court
27 March 2007
GlaxoSmithKline has pleaded guilty to 15 representative charges of breaching the Fair Trading Act by making misleading claims about the Vitamin C content of Ribena. The Commission investigated after a complaint from two college students who tested the drink for a science project.Relates to: Fair Trading
Ashley Guy Rhodes fined $20,000 for illegal invoicing
26 March 2007
Ashley Guy Rhodes has been fined $20,000 in the North Shore District Court for 47 charges of breaching the Fair Trading Act by sending false invoices.Relates to: Fair Trading
Telecommunications Act: Commerce Commission releases Telecom TSO cost calculation
26 March 2007
The Commerce Commission has released its determination on Telecom New Zealand Limited's net cost of complying with its telecommunication service obligations (TSO) for the period 1 July 2003 to 30 June 2004. The TSO relates to the local residential telephone service provided by Telecom. The Commission decides on an annual basis the cost incurred by Telecom in delivering the service, and apportions the cost between Telecom and other operators whose networks are interconnected with the Telecom fixed network.Relates to: Telecommunications
Commission can pursue overseas residents: High Court
21 March 2007
The High Court has ruled that the Commerce Commission can pursue penalty proceedings against three defendants in the wood chemicals cartel case who were living overseas when the cartel was operating.Relates to: Business Competition
Christchurch trader fined $10,000 over unsafe baby walkers
21 March 2007
Insight Infotech Limited, trading as Azaks, has been fined $10,000 for selling unsafe baby walkers from its Christchurch stores.Relates to: Fair Trading
Fraud Awareness Month - Protect Your Computer
20 March 2007
"Think before you click" is one way to keep scammers out of your computer system advises the Ministry of Consumer Affairs and Commerce Commission, as part of this month's fraud awareness campaign.Relates to: Fair Trading
Goodman Fielder Limited cleared to acquire River Mill Bakeries
19 March 2007
The Commerce Commission has cleared Goodman Fielder Limited (Goodman Fielder) to acquire the flour and bread assets of River Mill Bakeries Limited (River Mill Bakeries).Relates to: Business Competition
Variation of NZRU authorisation: draft determination
19 March 2007
The Commerce Commission has released a draft determination on the New Zealand Rugby Union's application to vary the authorisation it granted last year for a salary cap. Without that authorisation, the cap risked breaching the restrictive trade practice provisions of the Commerce Act.Relates to: Business Competition
New Zealand SkyBiz scam victims - 30 March deadline for claiming refunds
15 March 2007
New Zealand victims of the internet pyramid scam, SkyBiz.com, are advised a final date has been set for claiming a refund from the US $20 million redress fund.Relates to: Fair Trading
Fraud Awareness Month Protect Your Phone
12 March 2007
Think that phone call or text message sounds like a scam? "Hang up or delete" is the advice today from the Ministry of Consumer Affairs and the Commerce Commission, as part of Fraud Awareness Month.Relates to: Fair Trading
Determination on cost of relay service for the hearing impaired
8 March 2007
The Commerce Commission has released its determination on the cost of the Telecommunications Relay Service (TRS) for the hearing impaired.Relates to: Telecommunications
Fraud Awareness Month - Don't let a scammer walk off with your wallet!
6 March 2007
As part of Fraud Awareness Month, the Commerce Commission and the Ministry of Consumer Affairs are sending a warning about the increasingly innovative techniques used by scammers to encourage consumers to hand over their money.Relates to: Fair Trading
Elite Truck Rentals Limited cleared to acquire ORIX Truck Rentals
5 March 2007
The Commerce Commission has cleared Elite Truck Rentals Limited (Elite) to acquire 100% assets of ORIX Truck Rental (ORIX), a division of ORIX New Zealand Limited.Relates to: Business Competition
