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Business Competition media releases

December 2001

Commerce Commission receives authorisation application from Pharmacy Guild

21 December 2001

The Pharmacy Guild, on behalf of its 700+ members, has applied to the Commerce Commission for authorisation for it to enter into arrangements with the Ministry of Health, on behalf of the District Health Boards, or the DHBs themselves.

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Commerce Commission releases its Progressive decision

21 December 2001

The Commerce Commission has released the public copy of its decision to decline Progressive Enterprises Limited from acquiring Woolworths (New Zealand) Limited.

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Commerce Commission declines Stagecoach application to acquire Tranz Metro (Wellington)

19 December 2001

The Commerce Commission has declined New Zealand Bus Limited, commonly known in the Wellington region as Stagecoach, to be a 50% shareholder in a joint venture with Wellington Regional Council to acquire 100% of the assets of Tranz Metro (Wellington).

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Electricity Governance Board Limited applies to Commerce Commission for authorisation

11 December 2001

The Electricity Governance Board Limited has applied to the Commerce Commission for authorisation of proposed arrangements that will combine three existing market arrangements into a single rulebook, which will restructure the basis under which electricity is traded between participants in the electricity industry.

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November 2001

Stagecoach applies to acquire Tranz Metro (Wellington)

29 November 2001

The Commerce Commission has received an application from New Zealand Bus Limited, commonly known in the Wellington region as Stagecoach, for clearance under the Commerce Act to be a 50% shareholder in a joint venture with Wellington Regional Council to acquire 100% of the assets of Tranz Metro (Wellington).

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Mico Wakefield applies to the Commerce Commission

20 November 2001

The Commerce Commission has received an application from Mico Wakefield Limited for clearance under the Commerce Act to acquire up to 100% of the assets or shares of MasterTrade Limited.

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Wilson & Horton applies to the Commerce Commission

20 November 2001

The Commerce Commission has received an application from Wilson & Horton Limited for clearance under the Commerce Act to acquire all of the assets of Powerplant Productions Limited relating to "The Havelock North Village Press" newspaper business.

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Court of Appeal upholds Commerce Act breach by Carter Holt Harvey

9 November 2001

The Court of Appeal upheld a High Court judgment that Carter Holt Harvey Building Products Group Limited breached the Commerce Act by trying to deter competition from a small Nelson company, New Wool Products Limited.

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July 2001

Commission investigates first business acquisition application under amended Commerce Act: PMI / CGU

3 July 2001

The Commerce Commission is investigating the first application for clearance of a business acquisition under the amended Commerce Act.

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May 2001

Commission releases guidance on business acquisitions

28 May 2001

The Commerce Commission is circulating a Practice Note to explain its approach to the changed threshold for business acquisitions under the amendments to section 47 of the Commerce Act.

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Kupe gas field case discontinued

1 May 2001

The Commerce Commission has today discontinued its proceedings against Fletcher Challenge Limited, Fletcher Challenge Energy Limited, Electricity Corporation of New Zealand and Genesis Power Limited in relation to the Kupe gas field following the conclusion of a confidential settlement between the parties.

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April 2001

Ophthalmologists trial set down for February 2002

4 April 2001

The Commerce Commission's case against the Ophthalmological Society of New Zealand and five individual ophthalmologists will go to trial in February next year.

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January 2001

Commission says BASF, Roche and Rhone were price fixing, but NZ limitation period and international jurisdiction issues prevent New Zealand court action

25 January 2001

The Commerce Commission has warned the New Zealand subsidiaries of three multi-national vitamin companies for entering into market sharing and price fixing agreements. The Commission has told the companies that they would have faced charges of price fixing in New Zealand if it were not for the three-year limitation period in the Commerce Act.

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