19 December 2008The Commerce Commission has today released a discussion paper on the Regulatory Provisions of the Commerce Act 1986. This discussion paper sets out the Commission's preliminary views on the new and significant changes to the regulatory provisions in the Act, which were introduced through the Commerce Amendment Act 2008.
31 October 2008The Commerce Commission is today issuing revised information disclosure requirements for electricity distribution businesses.
1 October 2008
The Commerce Commission anticipates receiving by the end of the month an initial report as part of an investigation into whether any of the activities of participants in the electricity industry are likely to have breached Part 2 of the Commerce Act. The investigation has focused on whether any participants breached section 36 of the Act by taking advantage of a substantial degree of market power for an anti-competitive purpose.
28 August 2008The Commerce Commission has granted Stephen Reindler an exemption under the Electricity Industry Reform Act 1998 (the EIR Act) in relation to his proposed appointment to the board of Meridian Energy Limited. If Mr Reindler becomes a Director of Meridian, an electricity supply business, it would result in a cross involvement, as Mr Reindler is presently a senior manager of Auckland International Airport Limited (AIAL), an electricity lines business.
7 July 2008The Commerce Commission has received an application from Stephen Reindler, seeking exemption from section 17 of the Electricity Industry Reform Act 1998 (EIR Act) to allow Mr Reindler to take up a position as a director on the board of Meridian Energy Limited.
Commission publishes Methodology Paper: Update on resetting thresholds for electricity distribution businesses from 2009
25 June 2008
What: The Commerce Commission has today released its Methodology Paper: Update concerning the reset of thresholds for electricity distribution businesses (EDB). It is part of the process for the reset of the current price-path and quality thresholds applying to EDBs; to take effect from 1 April 2009.
30 May 2008
The Commerce Commission today announced its acceptance of the settlement proposal put forward by Vector as an alternative to regulatory control being imposed in respect of its electricity distribution business.
13 May 2008
The Commerce Commission has announced today its decision to accept Transpower's administrative settlement offer instead of placing Transpower's transmission services under regulatory control.
20 March 2008The Commerce Commission has today released its review of the 2007/08 asset management plans of electricity distribution businesses, noting satisfactory progress by the majority of electricity distribution businesses towards best practice in asset management planning.