You are viewing this content in the online archive

Business Competition media releases

December 2010

Fletcher Building applies for clearance to acquire Crane Group Limited

23 December 2010

The Commerce Commission has received an application from Fletcher Building Limited (through its wholly owned subsidiary Fletcher Building (Australia) Pty Limited) seeking clearance to acquire up to 100 per cent of the ordinary shares in Crane Group Limited.

Read the full news article

$3.65m in total penalties to date following second freight forwarding cartel case

22 December 2010

A second multi-national freight forwarding company has been handed a penalty of $2.5 million following a Commerce Commission investigation into anti-competitive conduct in the freight forwarding market, taking the total penalties imposed so far to $3.65 million.

Read the full news article

$1.15m penalty in first freight forwarding cartel case

17 December 2010

The Commerce Commission has reached a settlement of proceedings against an international freight forwarding company accused of anti-competitive conduct in the freight forwarding market.

Read the full news article

Commerce Commission grants clearance to PMP Print to acquire heat set printing assets of APN

16 December 2010

The Commerce Commission has today given clearance to PMP Print Limited to acquire certain heat set printing assets of APN Print NZ Limited.

Read the full news article

Statement of preliminary issues available for Christchurch International Airport Limited's clearance application to acquire Craddocks Car Storage

13 December 2010

The Commerce Commission has published a statement of preliminary issues relating to an application received from Christchurch International Airport Limited on 7 December 2010 seeking clearance to acquire Craddocks Car Storage.

Read the full news article

Commerce Commission consulting on business competition guidelines

10 December 2010

The Commerce Commission is consulting about updating its Mergers and Acquisitions Guidelines and its Benefits and Detriments Guidelines.

Read the full news article

Christchurch International Airport Limited applies for clearance to acquire Craddocks Car Storage

8 December 2010

The Commerce Commission has received an application from Christchurch International Airport Limited seeking clearance to acquire Craddocks Car Storage.

Read the full news article

Statement of preliminary issues available for Sonoco's clearance application to acquire T.T.L Pacific

3 December 2010

The Commerce Commission has published a statement of preliminary issues relating to an application received from Sonoco New Zealand Limited seeking clearance to acquire T.T.L Pacific Limited. Both companies manufacture glued paper cores and tubes which are used for packaging.

Read the full news article

November 2010

Air ambulance companies warned over price fixing

24 November 2010

The Commerce Commission has reached administrative settlements with two companies who were competitors for air ambulance evacuations to New Zealand after an investigation into alleged price-fixing. The settlement includes a formal warning to both Maccawat Limited (formerly named South Pacific Air Ambulance (2008) Limited) and CareFlight (QLD) Limited.

Read the full news article

Sonoco applies for clearance to acquire T.T.L Pacific

23 November 2010

The Commerce Commission has received an application from Sonoco New Zealand Limited seeking clearance to acquire T.T.L Pacific Limited.

Read the full news article

TEC Projects Limited granted clearance to buy Tecpak Industries Limited

18 November 2010

The Commerce Commission has granted clearance for TEC Projects Limited to acquire Tecpak Industries Limited.

Read the full news article

Statement of preliminary issues available for PMP's clearance application

16 November 2010

The Commerce Commission has published a statement of preliminary issues relating to an application received from PMP Print Limited on 5 November 2010 seeking clearance to acquire the Manukau heatset printing business of APN Print NZ Limited.

Read the full news article

Sanford granted clearance to acquire Pacifica Seafoods Group

11 November 2010

The Commerce Commission has granted clearance for Sanford Limited to acquire the five companies that together make up the Pacifica Seafoods Group of companies.  

Read the full news article

Waste oil price-fixing case settled out of court

5 November 2010

The Commerce Commission has reached a settlement with ERS New Zealand Limited (ERS NZ), a waste oil company, following an investigation into an attempt to fix prices, which is illegal under the Commerce Act.

Read the full news article

PMP Print applies for clearance to acquire heat set printing assets of APN Print

5 November 2010

The Commerce Commission has received an application from PMP Print Limited seeking clearance to acquire the Manukau heat set printing assets (and related spare parts) of APN Print NZ Limited.

Read the full news article

Rugby World Cup 2011 - Commerce Commission focuses on fair play

1 November 2010

The Commerce Commission is taking a close interest in ensuring businesses cashing in on the opportunities presented by the Rugby World Cup 2011 play by the rules.

Read the full news article

October 2010

Statement of preliminary issues available for Pact Group subsidiary's clearance application

29 October 2010

The Commerce Commission has published a statement of preliminary issues relating to an application received from TEC Projects Limited on 19 October 2010 seeking clearance to acquire the plastic packaging business and assets of Tecpak Industries Limited.

Read the full news article

Statement of preliminary issues available for AsureQuality Limited's and Proficiency Services Limited's clearance application

22 October 2010

The Commerce Commission has published a statement of preliminary issues relating to an application received from AsureQuality Limited and Proficiency Services Limited on 15 October 2010 seeking clearance to form a new joint venture company.

Read the full news article

Pact Group subsidiary applies for clearance to acquire Tecpak Industries Limited

20 October 2010

The Commerce Commission has received an application from TEC Projects Limited seeking clearance to acquire the plastic packaging business and assets of Tecpak Industries Limited.

Read the full news article

Commerce Commission focuses on construction sector

19 October 2010

Research conducted on behalf of the Commerce Commission indicates that some construction businesses are not aware of competition law and this may be affecting competition for non-residential building projects.

 

Read the full news article

Commission ends plans to draft enforcement guidelines on misuse of market power

18 October 2010

The Commerce Commission will no longer develop guidelines on section 36 of the Commerce Act.

Read the full news article

AsureQuality and Proficiency Services apply for clearance to form a joint venture

15 October 2010

The Commerce Commission has received an application from AsureQuality Limited and Proficiency Services Limited seeking clearance to form a new joint venture company. The joint venture company would acquire all of the proficiency testing business assets of AsureQuality and Proficiency Services Limited.

Read the full news article

Statement of preliminary issues available for Sanford's clearance application

14 October 2010

The Commerce Commission has published a statement of preliminary issues relating to an application received from Sanford Limited on 29 September 2010 seeking clearance to acquire the Pacifica Seafoods Group of companies.

Read the full news article

September 2010

Sanford Limited applies for clearance to acquire the Pacific Seafoods Group

29 September 2010

The Commerce Commission has received an application from Sanford Limited seeking clearance to acquire the Pacifica Seafoods Group of companies.

Read the full news article

Tyre traders admit price fixing on Trade Me

27 September 2010

The Commerce Commission has reached administrative settlements with two Trade Me sellers who admitted that they had been fixing prices for tyres, which is illegal under the Commerce Act.

Read the full news article

Scandinavian Tobacco granted clearance to merge its cigar and pipe tobacco businesses with Swedish Match

22 September 2010

The Commerce Commission has granted clearance for Scandinavian Tobacco Group A/S to merge  its New Zealand cigar, pipe tobacco and accessories businesses with that of Swedish Match AB. The clearance is given subject to the merged entity divesting the Willem cigar brand.

Read the full news article

Commerce Act guidelines for trade associations released

14 September 2010

The Commerce Commission has today released guidelines to help trade associations understand their obligations under the Commerce Act. The guidelines are part of new series of guidelines and fact sheets focusing on the Commerce Act.

Read the full news article

Wellington airport taxi arrangements unlikely to breach Commerce Act

10 September 2010

The Commerce Commission has advised complainants regarding new arrangements for taxis and shuttles at Wellington International Airport Limited that these arrangements are unlikely to breach the Commerce Act.

Read the full news article

Guidelines on recognising and deterring bid rigging released by Commerce Commission

3 September 2010

The Commerce Commission has today released three related resources to assist purchasers in both the public and private sectors in recognising and deterring bid rigging.

Read the full news article

Commerce Commission files freight forwarding cartel proceedings and settles with two defendants

2 September 2010

The Commerce Commission has filed proceedings in the High Court in Auckland against a number of companies accused of anti-competitive conduct in the freight forwarding market.

Read the full news article

July 2010

$100,000 penalties imposed in Waikato pathology services case

23 July 2010

The High Court in Auckland has imposed penalties on New Zealand Diagnostic Group and Pathology Associates Limited after they admitted being parties to an anti-competitive agreement concerning community pathology testing services in the Waikato area.

Read the full news article

June 2010

Tomarata Sand granted clearance to acquire Coastal Resources

25 June 2010

The Commerce Commission has granted clearance to Tomarata Sand Limited to acquire the assets and business of Coastal Resources Limited relating to sand mining operations at Tomarata in Northland.

Read the full news article

Preformed Line Products granted clearance to buy Electropar

24 June 2010

The Commerce Commission has granted clearance for Preformed Line Products Company to acquire Electropar Limited.

Read the full news article

Scandinavian Tobacco applies for clearance to acquire Swedish Match

22 June 2010

The Commerce Commission has received an application from Scandinavian Tobacco Group seeking clearance to merge their New Zealand cigar and pipe tobacco business with Swedish Match.

Read the full news article

AMP granted clearance to buy AXA's Australian and New Zealand businesses

21 June 2010

The Commerce Commission has granted clearance for AMP Limited to acquire the Australian and New Zealand operations of AXA Asia Pacific Holdings Limited.

Read the full news article

Divestment guidelines released

4 June 2010

The Commerce Commission has today released guidelines on how it will consider divestment undertakings as part of an application for clearance for a business merger or acquisition.

Read the full news article

May 2010

Preformed Line Products applies for clearance

20 May 2010

The Commerce Commission has received an application from Preformed Line Products Company seeking clearance to acquire Electropar Limited.

Read the full news article

Novartis granted clearance to acquire 52.15% shareholding in Alcon

6 May 2010

The Commerce Commission has granted clearance for Novartis AG to acquire Nestlé S.A.'s 52.15 per cent shareholding in Alcon, Inc.

Read the full news article

AMP applies for clearance to acquire AXA Asia Pacific

3 May 2010

The Commerce Commission has received an application from AMP Limited seeking clearance to acquire the Australian and New Zealand assets and business of AXA Asia Pacific Holdings Limited.

Read the full news article

April 2010

Gisborne Farmers Market agrees to remove pricing rule

28 April 2010

The Commerce Commission has concluded its investigation into an allegation of price-fixing by the Committee of Gisborne Farmers Market. A settlement has been reached which has resolved the issue without any need for court action, and ensures that prices at the market will be set by the individual stall holders.

Read the full news article

Statement of preliminary issues available for Tomarata Sand's clearance application

26 April 2010

The Commerce Commission has published a statement of preliminary issues relating to an application seeking clearance received from Tomarata Sand Limited, which is owned by Stan Semenoff.

Read the full news article

Hoyts granted clearance to buy Berkeley exhibition business

21 April 2010

The Commerce Commission has granted clearance for Hoyts Corporation Holdings (NZ) Limited to acquire the Berkeley film exhibition business from Everard Entertainment Limited.

Read the full news article

Supreme Court overrules Commission's ability to pursue overseas resident

16 April 2010

The Commerce Commission has today received judgment from the Supreme Court in relation to an issue of jurisdiction relating to individuals resident overseas who are alleged to have breached the Commerce Act.

Read the full news article

Tomarata Sand applies for clearance to acquire Coastal Resources

13 April 2010

The Commerce Commission has received an application from Tomarata Sand Limited seeking clearance to acquire the assets and business of Coastal Resources Limited.

Read the full news article

Novartis AG applies for clearance

1 April 2010

The Commerce Commission has received an application from Novartis AG seeking clearance to acquire the  majority shareholding in Alcon, Inc.

Read the full news article

Commerce Commission closes investigation into music copyright holders

1 April 2010

A Commerce Commission investigation has resulted in a voluntary change of rules in the music copyright industry that will allow for competition to occur, to the benefit of those who purchase licenses for copyrighted music.

Read the full news article

March 2010

Hoyts NZ applies for clearance

17 March 2010

The Commerce Commission has received an application from Hoyts Corporation Holdings (NZ) Limited (Hoyts NZ) seeking clearance to acquire the film exhibition business assets of the Berkeley Cinema Group (Berkeley).

Read the full news article

Commerce Commission acknowledges select committee report

17 March 2010

The Commerce Commission acknowledges the findings of a Commerce Committee report into a case involving a Northland man who felt he had not been dealt with fairly by the Commission over the consequences of a merger decision reached 24 years ago.

Read the full news article

Cartel leniency policy updated by Commerce Commission

1 March 2010

The Commerce Commission has today released its updated cartel leniency policy.

Read the full news article

February 2010

Trade Me seller warned against anti-competitive behaviour

3 February 2010

The Commerce Commission has issued a formal warning under the Commerce Act to Ernie Travers of Massey, Auckland, a Trade Me seller who, in the Commission's view, attempted to fix prices for LED bicycle lights with another online seller.

Read the full news article

January 2010

Commerce Commission watching retailers' credit card surcharges

12 January 2010

The Commerce Commission is taking a close interest in the surcharges some retailers have introduced this week for consumers paying by credit card and will continue to monitor developments.

Read the full news article

You are viewing this content in the online archive