March 2009
Commerce Commission issues warning to Real Estate Network
31 March 2009
The Commerce Commission has warned the Real Estate Network Limited (REN) that it and its members risk breaching the Commerce Act. REN is a cooperative company representing approximately 95 per cent of licensed residential real estate agents in and around Christchurch. Last year it adopted a by-law setting a minimum for commissions payable between its members.Relates to: Business Competition
Commerce Commission consults on streamlined authorisation process guidelines
30 March 2009
The Commerce Commission has developed a new streamlined authorisation process that will enable faster decisions on certain authorisation applications. This should result in more timely and cost-effective decisions by businesses.Relates to: Business Competition
Commerce Commission files waste oil domestic cartel case
23 March 2009
The Commerce Commission has today filed proceedings in the High Court in Auckland alleging the collusive fixing of prices in the waste oil industry.Relates to: Business Competition
Commerce Commission procedure in accordance with standard best practice
20 March 2009
The Commerce Commission is disappointed that Air New Zealand has chosen to file what the airline itself describes as "unnecessary litigation" and in so doing, is seeking to delay the proceedings that seek to determine whether or not Air New Zealand was a party to a sophisticated international price fixing arrangement.Relates to: Business Competition
Court of Appeal upholds Commission's ability to pursue overseas residents
18 March 2009
The Commerce Commission welcomes a Court of Appeal ruling today confirming the New Zealand Courts' jurisdiction over overseas residents alleged to have breached the Commerce Act.
Relates to: Business Competition
David Ferrier cleared to acquire Godfrey Hirst's wool scours
6 March 2009
The Commerce Commission has given clearance today for Auckland businessman Mr David Ferrier, or his company New Zealand Woolscourers Limited, to acquire wool scouring and wool dumping assets of Godfrey Hirst NZ Limited and shares in Cavalier Wool Holdings Limited. The acquisition will result in the wool scouring businesses of Cavalier Wool and Godfrey Hirst coming under common ownership.Relates to: Business Competition
