20 December 2010
The Commerce Commission is reminding the jewellery industry that it must ensure that consumers are aware that some jewellery made from white gold or silver has been plated with rhodium and may require regular maintenance.
15 December 2010
The Commerce Commission is investigating a number of toys sold in bargain variety stores following testing by the Ministry of Consumer Affairs which detected excessively high levels of lead.
15 November 2010
Consumers struggling with loan repayments as a result of the Canterbury earthquakes may be able to use provisions in consumer legislation that provide financial relief in circumstances of unforeseen hardship.
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.
21 October 2010
The Commerce Commission is reminding those businesses who choose to apply a surcharge on public holidays that they must not mislead consumers. This follows a warning to a company that is a major provider of food and alcohol at Wellington's Westpac Stadium.
21 October 2010
The Commerce Commission has entered into a settlement with New Zealand Guardian Trust Company resulting from an investigation into break fees. The settlement will see 77 affected consumers sharing refunds of $165,000.
12 October 2010
The managing director of a Porirua car dealership and his company, Sunrise Motor Group Limited, were fined in the Wellington District Court today after pleading guilty to multiple charges of breaching the Fair Trading Act. Surya Kumar was fined a total of $9,600 on six charges and Sunrise Motor Group a total of $19,200 on twelve charges.
8 October 2010
The Commerce Commission is reminding businesses that they risk breaching the Fair Trading Act if price increases are misleadingly represented as being due to the GST increase. This follows a warning issued to the owners of Wellington's daily paper, The Dominion Post, which represented that a price increase was 'forced' by the GST change, when this was not the case.
4 October 2010
Methven Limited, a company that manufactures and supplies bathroom fittings, has pleaded guilty to nine breaches of the Fair Trading Act for misleading consumers about the potential savings gained when using the Satinjet shower product range.
29 September 2010
A company that admitted labelling imported royal jelly as New Zealand made, and as being of high potency when it was neither, has been fined $16,000 in the Auckland District Court.
1 September 2010
Two directors of a Christchurch-based building company that has gone into liquidation pleaded guilty to multiple charges of breaching the Fair Trading Act in the Christchurch District Court today. They have been fined $15,000 each and have been ordered to pay a total of $97,000 in reparation and a further $30,000 for emotional harm reparation in total for six complainants.
1 September 2010
Two Christchurch-based rental car companies, Affinity Car Rental New Zealand Limited and Euro Car Rental New Zealand Limited, and their directors, Kylee and Gary Harris, have pleaded guilty to 18 charges of breaching the Fair Trading Act. The Christchurch District court today imposed fines and costs totalling $37,960 as well as ordering a total of $5,750 to be paid in reparation to affected consumers.
20 August 2010
The Commerce Commission is reminding people who frequently sell motor vehicles on Trade Me or similar sites to be aware of their legal obligations when advertising and selling motor vehicles.
20 August 2010
The Commerce Commission has today issued guidelines to help telecommunications retailers better understand their Fair Trading Act obligations in relation to the disclosure of bundled telecommunications products.
19 August 2010
A decision delivered by the Court of Appeal on Monday in a case involving the Commerce Commission and Progressive Enterprises Limited has clarified the interpretation of Section 17 of the Fair Trading Act.
9 August 2010
A Christchurch-based company that supplies souvenir and gift shops at airports and major tourist destinations throughout New Zealand has been fined $48,000 in the Christchurch District Court today.
26 July 2010
Budget Loans Limited has pleaded guilty to 34 charges of breaching the Fair Trading Act in the Auckland District Court today. The charges relate to misleading claims made by Budget Loans that it was entitled to recover certain interest and fees from its debtors, when as a matter of law it was not. Budget Loans have been fined $30,750.
23 July 2010
The Commerce Commission is urging New Zealanders not to fall for a scam in which people are being phoned and told they are eligible for a refund for overcharges on their credit card, but they have to pay the scammers money in order to receive the payment.
21 July 2010
The Commerce Commission has determined the payment method for distribution of the $45 million settlement fund agreed with ANZ National Bank Limited (ANZ) and ING (NZ) Limited (ING) in respect of the ING Diversified Yield Fund (DYF) and ING Regular Income Fund (RIF).
19 July 2010
Consumers should exercise caution when approached by telemarketers selling vouchers for discounted or free holidays, hotels and flights, the Commerce Commission warned today.
30 June 2010
The Commerce Commission is reminding businesses of their obligation under the Fair Trading Act not to mislead consumers about the reasons for price increases.
22 June 2010
In its largest monetary settlement to date, the Commerce Commission has secured $45 million for thousands of New Zealanders who invested in two funds marketed by ING (NZ) Limited (ING) and ANZ National Bank Limited (ANZN). This settlement follows an investigation into alleged breaches of the Fair Trading Act relating to the marketing and promotion of the funds by ING and ANZN.
18 June 2010
The Commerce Commission has reached a settlement with Telecom New Zealand Ltd (Telecom) under which Telecom will notify and refund approximately 1300 customers who may have been misled by a broadband promotion it conducted in 2008.
1 June 2010
An Auckland-based car finance company has pleaded guilty to breaching the Credit Contracts and Consumer Finance Act (CCCF Act) and the Fair Trading Act in relation to car loan contracts. Dolbak Finance Limited has been fined a total of $2000 in the Auckland District Court yesterday.
28 May 2010
A second company selling Royal Jelly in Auckland souvenir stores, falsely claiming its product to be New Zealand made, has been convicted and fined in the Auckland District Court yesterday. Shim's International Limited, trading as Royal Deer of New Zealand was fined $6,000.
11 May 2010
In a settlement reached with the Commerce Commission, Foundation Custodians, a non-bank financier, has admitted breaching the Credit Contracts and Consumer Finance Act (CCCF Act) and the Fair Trading Act in relation to fees charged on early loan repayments. The company will provide refunds of $200,000 to affected customers.
5 May 2010
A company that sold a product made from royal jelly imported from China, with labels that implied the product was made in New Zealand, has been fined $15,000 in the Auckland District Court yesterday.
30 April 2010
The former managing director of a timber company that has gone into liquidation has pleaded guilty to 36 charges of breaching the Fair Trading Act in relation to misleading timber retailers and consumers about the characteristics of timber frames and roof trusses.
26 April 2010
Three companies involved in selling Love Springs branded water filters door to door have been restrained from engaging in conduct which is alleged to breach the Fair Trading Act, as a result of an interim injunction obtained by the Commerce Commission.
21 April 2010
An overseas-based company that ran a series of text to win trivia competitions has pleaded guilty to breaching the Fair Trading Act by not properly disclosing all the terms and conditions related to the competitions.
30 March 2010
Kenneth James Ross, the organiser of the failed air and car show Wings and Wheels over Waikato, was sentenced to nine months home detention and 200 hours community service in the Hamilton District Court today.
16 March 2010
An Auckland based car dealership has pleaded guilty to five charges of breaching the Fair Trading Act for a misleading promotion about a 0% interest finance offer. They have been fined $18,000 in the North Shore District Court today.
10 March 2010
A Wellington real estate agent, who was successfully prosecuted under section 14 of the Fair Trading Act for misleading use of a Buyer Enquiry Over price, has been discharged without conviction by the High Court following an appeal.
5 March 2010
A company that manufactured and sold a calf feed that did not meet its advertised specifications has pleaded guilty to eight charges of breaching the Fair Trading Act. Mainfeeds Limited (formerly known as PCL Limited) has been fined $125,000 in the Auckland District Court today.
15 January 2010
A company that ran a series of text to win trivia competitions is offering refunds to consumers who participated in the competitions.
14 January 2010
A company which provides payment protection insurance has admitted a possible breach of the Fair Trading Act and will pay affected consumers about $37,000 in an out of court settlement with the Commerce Commission.
12 January 2010In a settlement with the Commerce Commission, Telecom New Zealand Limited and Xtra Limited (Telecom) has admitted breaching the Fair Trading Act by misleading more than 130,000 broadband customers.