August 2009
Commerce Commission to defer commencement of mobile roaming investigation
28 August 2009
The Commerce Commission announced that it will not at this stage commence an investigation into whether regulation of the national mobile roaming service should be extended to include price. The Commission will reconsider the matter after it has finalised its investigation into whether mobile termination access services (MTAS) should be subject to regulation.Relates to: Telecommunications
Property management companies fined for Fair Trading Act breaches
27 August 2009
Three South Island companies involved in a scheme which misled people into believing that they were buying their own homes pleaded guilty to breaching the Fair Trading Act in the Invercargill District Court on 24 August.Relates to: Fair Trading
Frucor Beverages cleared to acquire Simply Squeezed
25 August 2009
The Commerce Commission has cleared Frucor Beverages Limited (Frucor) to acquire Simply Squeezed Holdings Ltd and/or Brownlie Brothers Ltd (Simply Squeezed).Relates to: Business Competition
Commerce Commission and MasterCard agree to settle credit card interchange fee proceedings
24 August 2009
The Commerce Commission and MasterCard International Incorporated (MasterCard) have signed an agreement settling the Commission's claims that MasterCard's credit card scheme rules providing for the payment of multilateral interchange fees, together with related rules, breached the restrictive trade practices provisions of the Commerce Act.Relates to: Business Competition
Pfizer granted clearance to acquire Wyeth
20 August 2009
The Commerce Commission has granted clearance for Pfizer Inc. to acquire Wyeth Corporation.Relates to: Business Competition
Schering-Plough granted clearance to merge with Merck
20 August 2009
The Commerce Commission has granted clearance to Schering-Plough Corporation in respect of the proposed merger between Schering-Plough Corporation and Merck & Co., Inc.Relates to: Business Competition
Commerce Commission and Visa reach agreement to settle credit card interchange fee proceedings
12 August 2009
The Commerce Commission has signed an agreement with the Visa International Service Association and Visa Worldwide Pte Limited (Visa) settling the Commission's claims against Visa in relation to credit card interchange fees. The Commission's proceedings allege that the rules of the Visa scheme providing for the payment of multilateral interchange fees, together with related rules, breached the restrictive trade practices provisions of the Commerce Act.Relates to: Business Competition
Commerce Commission settles with pawnbroker over interest rate misrepresentations
11 August 2009
The Commerce Commission has settled with an Invercargill based pawnbroker over breaches of the Credit Contracts and Consumer Finance Act (CCCF Act) and the Fair Trading Act.Relates to: Fair Trading, Consumer Credit
Commerce Commission confirms dates for input methodologies conference
7 August 2009
The Commerce Commission's input methodologies conference will be held in Wellington from Tuesday 15 to Friday 18 September 2009. The conference will enable the Commission to test written submissions received and advance its understanding of the key points of difference between submitters and the Commission. The conference is part of the Commission's consultation process on the implementation of the Part 4 requirements of the Commerce Act and is open to all interested parties.Relates to: Pan Industry Projects
Commerce Commission warns of potential breach of Commerce Act
5 August 2009
Information contained in a National Business Review article entitled Revealed: Vodafone's secret deal with 2degrees potentially breached a Commerce Commission confidentiality order and section 100 of the Commerce Act.Relates to: Telecommunications
Commerce Commission considers Court of Appeal 0867 decision
4 August 2009
The Commerce Commission is studying a decision by the Court of Appeal, released today, in a case brought by the Commerce Commission against Telecom Corporation of New Zealand Limited (Telecom) under section 36 of the Commerce Act.Relates to: Business Competition
