Media Releases

Visy seeks clearance to acquire HP Industries

Fri, 03 Feb 2012 00:00:00 +1300

The Commerce Commission has received an application from VPRS Limited and Visy Industries Australia Pty Limited (together Visy) seeking clearance to acquire certain businesses and assets of HP Industries Holding Limited and HP Industries (New Zealand) Limited (together HP).

Statement of preliminary issues available for epay/Ezi-Pay clearance application

Wed, 01 Feb 2012 00:00:00 +1300

The Commerce Commission has published a statement of preliminary issues relating to an application from epay New Zealand Ltd seeking clearance to acquire Ezi-Pay Ltd.

Statement of preliminary issues available for IAG/AMI clearance application

Wed, 25 Jan 2012 00:00:00 +1300

The Commerce Commission has published a statement of preliminary issues relating to an application from IAG seeking clearance to acquire AMI Insurance. Both IAG and AMI supply general insurance including house, contents, and motor vehicles.

epay New Zealand Ltd seeks clearance to acquire Ezi-Pay Ltd

Wed, 18 Jan 2012 00:00:00 +1300

The Commerce Commission has received an application from epay New Zealand Ltd seeking clearance to acquire Ezi-Pay Ltd. The acquisition would also include certain assets of Compass Communications and the assets or shares of EFTDATA Holdings Ltd. The latter two companies have the same shareholders as Ezi-Pay Ltd.

High Court hands out $3million penalty in refrigerator compressor industry cartel case

Thu, 22 Dec 2011 00:00:00 +1300

The High Court at Auckland has imposed a penalty of $3million against a major manufacturer of refrigerator compressors following a cartel investigation under the Commerce Act.

IAG New Zealand Limited seeks clearance to acquire AMI Insurance

Tue, 20 Dec 2011 00:00:00 +1300

The Commerce Commission has received an application from IAG New Zealand Limited (IAG) seeking clearance to acquire certain business assets of AMI Insurance.

Fonterra’s proposed Kotahi joint venture unlikely to lessen competition – draft decision by Commerce Commission

Fri, 16 Dec 2011 00:00:00 +1300

The Commerce Commission has reached a preliminary view that a proposed joint venture between Fonterra Co-operative Group Limited and Silver Fern Farms Limited would be unlikely to harm competition, and therefore does not need an authorisation under the Commerce Act.

Seagate Technology granted clearance to acquire the hard disk drive business of Samsung Electronics

Thu, 15 Dec 2011 00:00:00 +1300

The Commerce Commission has granted clearance for Seagate Technology Plc to acquire certain assets of the hard disk drive business of Samsung Electronics Co. Limited.

Commerce Commission authorises a restriction on the sale of refrigerants to safety certified customers only

Tue, 29 Nov 2011 00:00:00 +1300

The Commerce Commission has authorised a proposal for refrigerant wholesalers to enter into a voluntary agreement which contains an exclusionary provision.

Go ahead for Commerce Commission freight forwarding cartel case against Kuehne + Nagel

Tue, 18 Oct 2011 00:00:00 +1300

The High Court has given the Commerce Commission the go ahead to proceed to trial against Kuehne+Nagel International AG (Keuhne + Nagel) in relation to the Commission’s ongoing freight forwarding cartel case.