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October 2006

Home insulation must meet claim on label, warns Commission

27 October 2006

The manufacturers of Pink Batts and GreenStuf insulation products have been warned that they may have breached the Fair Trading Act because their insulation failed to meet the quality level claimed on packaging.

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Energy Online pays $1 million for misleading price freeze

16 October 2006

Electricity retailer Energy Online broke the law when it claimed Hawke's Bay and Waitemata customers were on a "price freeze," but still increased prices, the District Court has found.

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Record settlement returns $3.3 million to Telecom customers

12 October 2006

An out-of-court settlement reached by the Commerce Commission and Telecom will return around $3.3 million to customers after a billing fault saw them charged twice.

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Carter Holt Harvey fined $900,000 for falsely labelling timber

12 October 2006

In a case the Commission considers one of its most serious prosecutions to date, Carter Holt Harvey has pleaded guilty to breaching the Fair Trading Act by selling timber that did not meet the grade claimed on packaging.

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Qantas fined $380,000 over misleading adverts

10 October 2006

Qantas has pleaded guilty to 122 charges of breaching the Fair Trading Act and been ordered to pay $380,000 in fines and $15,860 in costs in the Auckland District Court.

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Westpac to pay $5.1 million over credit card fees, Kiwibank joins list of companies facing charges

2 October 2006

Westpac has become the fourth major bank to plead guilty to breaching the Fair Trading Act by failing to properly disclose fees charged for overseas currency transactions on its credit and debit cards. The company pleaded guilty to 19 charges of breaching the Fair Trading Act.

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