June 2009

Commerce Commission releases draft recommendation to regulate mobile termination prices

30 June 2009

The Commerce Commission today released its draft report recommending that the mobile termination prices should be regulated. The Commission also recommended that the undertakings submitted in lieu of regulation by Vodafone, Telecom and 2degrees should be rejected.

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Commerce Commission to commence mobile roaming investigation

30 June 2009

The Commerce Commission has today announced that it intends to commence a Schedule 3 investigation into whether regulation of the national mobile roaming service should be extended to include price.

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Fullers Group cleared to acquire 360 Discovery

30 June 2009

The Commerce Commission has granted clearance for Fullers Group Limited to acquire most of the assets of the business called 360 Discovery operated by Kiwi Kat Limited.

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Commerce Commission receives application for EIR Act exemption from Joan Withers

26 June 2009

The Commerce Commission has received an application from Joan Withers, seeking exemption from section 17 of the Electricity Industry Reform Act 1998, in relation to Mighty River Power Limited's proposal to appoint Ms Withers to its Board of Directors.

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Commerce Commission receives application for EIR Act exemption from Mark Tume

26 June 2009

The Commerce Commission has received an application from Mark Tume, seeking exemption from sections 17 and 17A of the Electricity Industry Reform Act 1998, in relation to PowerCo Limited's proposal to appoint Mr Tume to its Board of Directors.

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Update on Commerce Commission investigation into ING

24 June 2009

The Commerce Commission's investigation under the Fair Trading Act into ING (NZ) Limited's Diversified Yield and Regular Income Funds is not expected to be completed for at least six months.

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Commerce Commission declines Transpower request to amend settlement

22 June 2009

The Commerce Commission has declined a request from Transpower that the Commission amend the administrative settlement it reached with Transpower last year.

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Furniture store fined for Fair Trading Act breaches

22 June 2009

A furniture store has pleaded guilty to 28 charges of breaching the Fair Trading Act by providing misleading information about the savings that consumers would make by buying goods on sale. The company has been fined $28,000 plus court costs of $3,640in the Manukau District Court.

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Farmers fined for Fair Trading breach

22 June 2009

A New Zealand department store chain has been found guilty of breaching the Fair Trading Act and was fined $10,000 in the Christchurch District Court today.

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Commerce Commission releases discussion documents on Part 4 of the Commerce Act

19 June 2009

The Commerce Commission has today released three key discussion documents relating to regulation under Part 4 of the Commerce Act. This represents a significant step forward in the implementation of the Part 4 requirements of the Commerce Act. In addition, the Commission has released its revised draft guidelines on the Commission's approach to estimating the cost of capital. These four documents are being released at the same time because they are interrelated.

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Commerce Commission releases revised draft guidelines on the cost of capital

19 June 2009

The Commerce Commission has today released its revised draft guidelines on its approach to estimating the cost of capital.

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Voluntary recall of Mary Lou wooden toy

19 June 2009

A distributor of the Mary Lou doll, an iconic New Zealand wooden toy, is undertaking a voluntary recall of all Mary Lou dolls sold in New Zealand since 1 June 2008.

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Commerce Commission issues sub-loop decision

18 June 2009

The Commerce Commission has today released its decision on the price and non-price terms on which Telecom must make the unbundled sub-loop services available to other telecommunications providers.

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Commerce Commission welcomes appointment of new Commissioners

18 June 2009

The Chair of the Commerce Commission Dr Mark Berry said he welcomes the appointment of two new Commissioners to assist with the competition agency's high workload.

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Pfizer applies for clearance to acquire Wyeth

10 June 2009

The Commerce Commission has received an application from Pfizer Inc. seeking clearance to acquire Wyeth Corp.

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Fullers Group applies for clearance to acquire assets of Kiwi Kat

9 June 2009

The Commerce Commission has received an application from Fullers Group Limited seeking clearance in relation to the proposed acquisition of most of the assets of 360 Discovery, operated by Kiwi Kat Limited.

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Commerce Commission enables streamlined authorisations

8 June 2009

Following public consultation, the Commerce Commission has developed a new streamlined authorisation process. This process has been designed to enable faster decisions for straightforward authorisation applications that have clear public benefits and a relatively limited impact on competition.

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Assembled in New Zealand not enough to claim 'New Zealand made'

8 June 2009

Another New Zealand office furniture company has been fined for breaching the Fair Trading Act for claiming in advertising brochures that two models of office chairs were made in New Zealand.

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Commerce Commission determines that Kaimai and Grate Kiwi are independent processors

5 June 2009

The Commerce Commission has released its final determination regarding disputes between Fonterra Co-operative Group Limited and both Kaimai Cheese Company Limited and The Grate Kiwi Cheese Company Limited.

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Commerce Commission releases quarterly report on broadband quality

3 June 2009

The Epitiro/IDC report on New Zealand broadband quality for the March 2009 quarter has been released. The report examines the quality of broadband services provided by New Zealand's internet service providers (ISPs) as measured by Epitiro from central sites using premium residential plans.

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