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October 2003

Commission alerts public to second mail out from Domain Names

31 October 2003

The Commerce Commission is aware of a second mass mail out by Australian-based company, Domain Names NZ, and strongly urges that people look carefully at all details before considering paying any sum requested.

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Competition terms and conditions must be clearly disclosed:Plastic Box, Sports and Events Marketing admit Fair Trading breach

29 October 2003

The Commission is sending a message to all businesses running in-store competitions to clearly disclose all significant terms and conditions, following a settlement with two businesses, Plastic Box (Group) Limited and Sports and Events Marketing Limited.

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September 2003

'Everyone Love' baby walkers put children at risk

16 September 2003

Issued 16 September 2003

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TelstraClear guilty of misleading its customers

12 September 2003

Issued 12 September 2003

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TrustPower to refund customers for Fair Trading Act breach

5 September 2003

In a settlement with the Commerce Commission, TrustPower Limited has admitted breaching the Fair Trading Act and will refund approximately 200 customers who may have been misled about electricity price increases.

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July 2003

Penalties doubled and enforcement powers strengthened by new Fair Trading legislation

23 July 2003

Recent changes to the Fair Trading Act have extended the Commerce Commission's powers to deal with misleading and unfair trading practices by businesses.

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Wizard Home Loans' advertising misleading – Chinese community targeted

15 July 2003

A company named New Aussie Finance Pty Limited, licensed to trade as Wizard Home Loans to the Chinese and Korean communities in the greater Auckland region, has admitted its advertising was misleading and in breach of the Fair Trading Act in a settlement with the Commerce Commission.

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May 2003

Commission alerts tradespeople not to register

9 May 2003

The Commerce Commission is alerting businesses to the activities of a company calling itself Trade Registrations NZ Ltd and is concerned that the scheme it is promoting may not be legitimate.

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King Cargo fined $5,000 for selling dodgy bicycles

7 May 2003

King Cargo Limited was fined $5,000 plus costs in the Masterton District Court last week for selling bicycles that failed to comply with the bicycle safety standard.

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Used car dealers warned over misleading odometer claims

6 May 2003

The Commerce Commission has warned ten used car dealers that their advertising may be in breach of the Fair Trading Act, and that it will prosecute those dealers who continue to mislead customers.

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April 2003

Time-share company fined $30,000 for misleading conduct

17 April 2003

Time-share company One World Leisure (NZ) Limited (OWL) was fined $30,000 plus costs in the Auckland District Court today after pleading guilty to breaching the Fair Trading Act in relation to its promotion of time-share investments and holiday ownership.

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Infinity Concierge scheme costs promoter $11,520

11 April 2003

Following the recent Commerce Commission prosecution of pyramid selling scheme Infinity Concierge Limited and its operators, a fifth defendant, David John Mawson, was fined $11,520 including costs in the Christchurch District Court yesterday for operating or promoting a pyramid selling scheme, in breach of the Fair Trading Act.

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March 2003

Promoter fined $4,500 for involvement in SkyBiz multi-level selling scheme

31 March 2003

Gregory Ian Dawson was fined $4,500 plus $1630 costs in the Auckland District Court on Friday having pleaded guilty to breaching the Fair Trading Act in relation to his involvement in US-based international multi-level selling scheme SkyBiz between 1999 and 2001.

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Commission puts the squeeze on juice industry

24 March 2003

Following two successful prosecutions against Rio Beverages Limited and Double-R Soft Drinks Limited last year, the Commerce Commission is continuing to put the squeeze on the marketing practices of fruit juice companies.

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Pyramid selling slammed: Infinity Concierge fined over $38,000

12 March 2003

The Commerce Commission is warning the public not to get involved in pyramid selling after the Christchurch District Court fined Infinity Concierge and its operators a total of $38,760 including costs for operating or promoting a pyramid selling scheme, in breach of the Fair Trading Act.

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February 2003

Kiwibank admits advertising liable to mislead

13 February 2003

In a settlement with the Commerce Commission, Kiwibank Limited has admitted that an advertising campaign it ran in September and October last year promoting 'cheaper home loans guaranteed' was liable to mislead consumers.

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Pyramid scheme to refund members $300,000

12 February 2003

The High Court has ordered that money collected from the membership fees of Alpha Club New Zealand Limited be redistributed to some members after deeming the scheme to be pyramid selling in breach of section 24 of the Fair Trading Act.

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January 2003

Meridian Energy to reimburse misled customers

30 January 2003

Meridian Energy Limited has admitted breaching the Fair Trading Act in a letter sent to customers notifying them of changes in tariffs, and has agreed, in a settlement with the Commerce Commission, to compensate affected customers. It will also make a public apology to both Network Tasman and its customers.

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