June 2006
Commission closes investigation into Pernod Ricard's acquisition of Allied Domecq
30 June 2006
The Commission has closed its investigation into the acquisition of Allied Domecq plc by Pernod Ricard S.A. and does not intend to take any further action. The Commission is of the view that the acquisition is unlikely to have resulted in a substantial lessening of competition in any market.Relates to: Business Competition
NZ Bus acquisition of Mana Coach shares breached Commerce Act: High Court
29 June 2006
In a landmark decision, New Zealand Bus Limited has been found guilty of breaching section 47 of the Commerce Act, which prohibits acquisitions that are likely to substantially lessen competition.Relates to: Business Competition
Visy Industrial Plastics cleared to acquire Alto Holdings
28 June 2006
The Commerce Commission has cleared Visy Industrial Plastic (NZ) Limited (Visy Industrial), or an interconnected body corporate, to acquire either all of the issued shares in Alto Holdings Limited (Alto) or the entire plastic packaging business and assets of Alto and any of its subsidiaries.Relates to: Business Competition
GE Fleet NZ applies for clearance to acquire Custom Fleet NZ
9 June 2006
The Commerce Commission has received an application from GE Fleet New Zealand seeking clearance to acquire the business of Custom Fleet (NZ) Limited. The acquisition of Custom Fleet in New Zealand forms part of a wider transaction involving the acquisition by related entities of GE Fleet of the Custom Fleet business in Australia and the United Kingdom.Relates to: Business Competition
Commission revokes Pohokura gas authorisation
2 June 2006
The Commerce Commission has revoked the 2003 authorisation it granted to Shell, Todd and OMV to jointly sell gas from the Pohokura field.Relates to: Business Competition, Gas Pipelines
Rugby Union salary cap authorised for six years
2 June 2006
The Commerce Commission has told the New Zealand Rugby Union that it can impose a salary cap to limit the amount each union can spend on players. The cap will apply for six years from today, and will be reviewed after five years.Relates to: Business Competition