The Commerce Commission is New Zealand's primary competition regulatory agency and was established under section 8 of the Commerce Act 1986.The Commission is an independent Crown entity and is not subject to direction from the government in carrying out its enforcement and regulatory control activities.
Our Purpose
The Commission’s purpose is to promote dynamic and responsive markets so that New Zealanders benefit from competitive prices, better quality and greater choice.
Underpinning the Commission’s Purpose are three strategic goals. They are that:
- markets are dynamic and all goods and services are provided at competitive prices;
- consumers are confident of the accuracy of information they receive when making choices; and
- regulated industries are constrained from earning excess profits, face incentives to invest appropriately and share efficiency gains with consumers.
Our Values
The Commission is committed to acting with integrity, responsibility and respect. It is professional, independent and has transparent processes. It respects and safeguards commercially sensitive material. It adopts a principled, but pragmatic approach in meeting its purpose and sets high standards of excellence.