April 2006
Commission not to investigate Fairfax/TradeMe acquisition
20 April 2006
The Commerce Commission has decided not to open an investigation into the acquisition of TradeMe Limited by Fairfax New Zealand Holdings Limited. The Commission considers that, based on the information before it, the acquisition is unlikely to raise competition issues.Relates to: Business Competition
Visy Plastics NZ applies for clearance to acquire Vertex Group & Alto Plastics
10 April 2006
The Commerce Commission has received an application from Visy Industrial Plastics NZ Limited seeking clearance to acquire either the issued shares in each of Vertex Group Holdings Limited and Alto Plastics Limited or the plastic packaging business and assets of Vertex and Alto.Relates to: Business Competition
Koppers Arch to pay a record $3.6 million in cartel penalties
7 April 2006
The High Court has imposed record penalties on Koppers Arch Wood Protection (NZ) Limited and its Australian parent company, Koppers Arch Investments Pty Limited, after the companies admitted participating in a cartel in the wood preservative chemicals industry between 1998 and 2002. The affected part of the industry was worth an estimated $35 million in 2002.Relates to: Business Competition
Portacom cleared to acquire Rhino
5 April 2006
The Commerce Commission has cleared Portacom New Zealand Limited to acquire the operations, assets, and business owned by Rhino Group Limited. Portacom applied for clearance for the acquisition to the extent that it would affect the operations conducted by Rhino Portable Buildings Limited, a subsidiary of Rhino Group Limited.Relates to: Business Competition
New Zealand Bus not to acquire Mana Coach shares pending High Court injunction proceedings
3 April 2006
New Zealand Bus Limited (NZBL) has undertaken today to the High Court that it will not proceed with the acquisition of 74% of the shares in Mana Coach Services Ltd pending the outcome of a trial set down for two weeks from 22 May to 2 June 2006.Relates to: Business Competition
NZ Rugby Union withdraws part of authorisation application
3 April 2006
On 30 March 2006 the New Zealand Rugby Union withdrew its request for authorisation of the proposed arrangements applying to the Modified Division One inter-provincial rugby competition, as set out in paragraphs 2.8 and 2.9 of its application to the Commission.
Relates to: Business Competition
