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Business Competition media releases

December 1994

Diary note for Chief Reporter/News Editor Weddel conference January 16-20, 1995

16 December 1994

The conference of interested parties to the meat companies' consortium application for authorisation of the proposal to buy and then close the Weddel meat processing plants will be open to the media.

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27 submissions on Weddel bid

5 December 1994

Including submissions delivered today, the Commerce Commission has received 27 submissions in response to its draft determination on the proposal by a consortium of meat companies to buy the Weddel meat processing plants and then close them.

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13 submissions on Weddel bid

2 December 1994

By 3pm today the Commerce Commission had received 13 submissions in response to its draft determination on the proposal by a consortium of meat companies to buy the Weddel meat processing plants and then close them.

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November 1994

Colluding against a competitor costs real estate agents $62,800

24 November 1994

Working together against a competitor has cost a group of Blenheim and Picton real estate agents $62,800.

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Proposal to close Weddel plants concerns Commission

18 November 1994

The Commerce Commission today released a draft determination saying the proposal by a consortium of meat companies to buy and then close the Weddel meat processing plants would be likely to substantially lessen competition and that this anti-competitive effect would not be outweighed by public benefits.

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Commission accepts amendment to bid for Weddel plants

11 November 1994

The Commerce Commission has today accepted an amendment to the application by a consortium of 15 meat companies for approval to buy the Weddel meat processing plants.

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16 submissions on Weddel bid

3 November 1994

The Commerce Commission has received 16 submissions on the bid by a consortium of meat companies to buy the Weddel meat processing plants.

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October 1994

Commission releases guidelines for assessing economic benefits and detriments

15 October 1994

The Commerce Commission has released guidelines explaining how it will analyse public benefits and detriments when considering matters under the Commerce Act.

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Commission says Coast Line would likely have breached Commerce Act

7 October 1994

The Commerce Commission has concluded that the company proposed by international shipping interests to co-ordinate coastal movement of cargo, Coast Line, would have been likely to breach the Commerce Act.

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Trying to keep prices higher costs Sealy $30,000 penalty

3 October 1994

Bed manufacturer Sealy New Zealand Limited had a $30,000 penalty imposed on it for trying to stop a Christchurch store discounting its beds.

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September 1994

CLARIFICATION - Commission concerned that consortium has not yet asked for approval

23 September 1994

Paragraph 5 of the media release made this afternoon:

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Commission concerned that consortium has not yet asked for approval

23 September 1994

The Commerce Commission is becoming concerned that it has not yet been asked to authorise a consortium bid for Weddel Crown's meat processing plants.

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Commission seeks comment on Enerco bid for Capital Power

22 September 1994

What would happen to competition if Wellington's gas supplier also owned 49 percent of its electricity company?

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