Media Releases

Air New Zealand final airline to settle with Commerce Commission in air cargo case

Thu, 13 Jun 2013 00:00:00 +1200

The High Court has approved a settlement under which Air New Zealand will pay a $7.5 million penalty for price-fixing in breach of the Commerce Act. The company is the last airline to settle with the Commerce Commission in its long-running air cargo cartel case.

Joint statement from Commerce Commission and Air New Zealand on air cargo case

Wed, 05 Jun 2013 00:00:00 +1200

Air New Zealand has withdrawn its proceeding challenging the Settlement Agreement in the Air Cargo proceeding and will pay costs to the Commission in relation to the settlement of this dispute.

Taranaki flooring company warned over attempts to fix prices

Tue, 28 May 2013 00:00:00 +1200

The Commerce Commission has issued a formal warning to flooring company Ansell Flooring Limited for attempting to fix prices for sanding and polishing services in the Taranaki region.

SkyCity Entertainment seeks clearance to acquire Otago Casinos

Tue, 21 May 2013 00:00:00 +1200

The Commerce Commission has received an application from SkyCity Entertainment Group Limited (SkyCity) seeking clearance to acquire 100% of the shares in Otago Casinos Limited.

Commerce Commission clears Vector to acquire Contact gas metering business

Mon, 29 Apr 2013 00:00:00 +1200

The Commerce Commission has cleared Vector Limited to acquire Contact Energy Limited’s natural gas metering business.

More penalties in long-running air cargo cartel case

Mon, 22 Apr 2013 00:00:00 +1200

The High Court has ordered three further airlines to pay a combined total of $9.6 million in penalties for their role in the air cargo cartel case brought by the Commerce Commission. This brings the total penalties in the case to over $35 million.

Commerce Commission declines merger of Hamilton Radiology and Medimaging radiology practices

Wed, 03 Apr 2013 00:00:00 +1300

The Commerce Commission has declined to grant clearance to the formation of a joint venture between Hamilton Radiology and Medimaging.

Commerce Commission clears merger of Penguin and Random House book publishers

Tue, 19 Mar 2013 00:00:00 +1300

The Commerce Commission has cleared Bertelsmann SE & Co. KGaA (owner of Random House) and Pearson plc (owner of Penguin) to form a new jointly-owned company - Penguin Random House- which will acquire the consumer book publishing businesses of the two companies. Consumer books exclude text books and technical books.

Baxter International seeks clearance to acquire Gambro AB

Fri, 15 Mar 2013 00:00:00 +1300

The Commerce Commission has received an application from Baxter International Inc. seeking clearance to acquire Gambro Pty Ltd. The application relates to a global merger.

Commission consulting on business competition guidelines

Fri, 08 Mar 2013 00:00:00 +1300

The Commerce Commission is consulting on new draft guidelines that outline the Commission’s approach to assessing clearance and authorisation applications.