December 1994
Diary note for Chief Reporter/News Editor Weddel conference January 16-20, 1995
16 December 1994
The conference of interested parties to the meat companies' consortium application for authorisation of the proposal to buy and then close the Weddel meat processing plants will be open to the media.Relates to: Business Competition
Mercury Energy cleared to buy Power NZ
12 December 1994
The Commerce Commission today cleared Mercury Energy Limited to buy up to 100 percent of the shares of Power New Zealand Limited.Relates to:
27 submissions on Weddel bid
5 December 1994
Including submissions delivered today, the Commerce Commission has received 27 submissions in response to its draft determination on the proposal by a consortium of meat companies to buy the Weddel meat processing plants and then close them.Relates to: Business Competition
13 submissions on Weddel bid
2 December 1994
By 3pm today the Commerce Commission had received 13 submissions in response to its draft determination on the proposal by a consortium of meat companies to buy the Weddel meat processing plants and then close them.Relates to: Business Competition
November 1994
Mercury/Power New Zealand deadline extended
28 November 1994
The Commerce Commission and Mercury Energy Limited have agreed to extend the deadline for a decision on Mercury's application for clearance to buy up to 100 percent of Power New Zealand Limited shares.Relates to:
Poor knowledge of toy safety standard concerns Commission
26 November 1994
The Commerce Commission is concerned about many businesses' poor knowledge of the toy safety standard.Relates to: Fair Trading
Power NZ cleared to buy Energy Direct
25 November 1994
Summary appears on the In Consultation pages
Relates to:
Commission warns about "free" travel offers
24 November 1994
The Commerce Commission today warned people that promotions offering free airfares to Hawaii may have expensive strings attached.Relates to: Fair Trading
Colluding against a competitor costs real estate agents $62,800
24 November 1994
Working together against a competitor has cost a group of Blenheim and Picton real estate agents $62,800.Relates to: Business Competition
Proposal to close Weddel plants concerns Commission
18 November 1994
The Commerce Commission today released a draft determination saying the proposal by a consortium of meat companies to buy and then close the Weddel meat processing plants would be likely to substantially lessen competition and that this anti-competitive effect would not be outweighed by public benefits.Relates to: Business Competition
Power New Zealand seeks clearance for Energy Direct bid
11 November 1994
Power New Zealand Limited has applied to the Commerce Commission for clearance of its bid to buy up to 100 percent of Energy Direct Corporation Limited shares.Relates to:
Commission accepts amendment to bid for Weddel plants
11 November 1994
The Commerce Commission has today accepted an amendment to the application by a consortium of 15 meat companies for approval to buy the Weddel meat processing plants.Relates to: Business Competition
Joint venture cleared to buy 49 percent of Capital Power
4 November 1994
The Commerce Commission today cleared a joint venture of three companies, Newco Limited, to buy 49 percent of the shares of Capital Power Limited currently on offer.Relates to:
16 submissions on Weddel bid
3 November 1994
The Commerce Commission has received 16 submissions on the bid by a consortium of meat companies to buy the Weddel meat processing plants.Relates to: Business Competition
Enerco withdraws application for authorisation
1 November 1994
Gas company Enerco has withdrawn its application for authorisation of its bid to buy 49 percent of Wellington electricity company Capital Power.Relates to:
Mercury seeks clearance for Power New Zealand bid
1 November 1994
Mercury Energy has applied to the Commerce Commission for clearance of its bid to buy up to 100 percent of Power New Zealand shares.Relates to:
October 1994
Commission releases guidelines for assessing economic benefits and detriments
15 October 1994
The Commerce Commission has released guidelines explaining how it will analyse public benefits and detriments when considering matters under the Commerce Act.Relates to: Business Competition
Enerco's bid for 49% of Capital Power concerns Commission
14 October 1994
The preliminary view of the Commerce Commission is that significant public benefits would need to be shown before it could authorise Enerco New Zealand Ltd buying 49% of Capital Power.Relates to:
Benchmark fined for false claims about timber
14 October 1994
Benchmark Building Supplies Ltd and one of its managers today admitted deliberately falsifying timber grades and charging customers for more timber than was supplied.Relates to: Fair Trading
Meat companies apply for Weddel scheme authorisation
12 October 1994
A consortium of 15 meat companies has applied to the Commerce Commission for authorisation of arrangements relating to their bid to buy Weddel's meat processing plants.Relates to:
Commission says Coast Line would likely have breached Commerce Act
7 October 1994
The Commerce Commission has concluded that the company proposed by international shipping interests to co-ordinate coastal movement of cargo, Coast Line, would have been likely to breach the Commerce Act.Relates to: Business Competition
Commission continues action against travel companies
7 October 1994
Commerce Commission action against Auckland companies Tasman Charter Flights Ltd and Air Australia Worldwide Marketing Ltd continued in the Auckland High Court today.Relates to: Fair Trading
Debt collecting conviction a warning to whole industry
6 October 1994
The conviction of East Coast Credit Control Ltd and its sales manager Alan Murray is a warning to the whole debt collecting industry, Commerce Commission Chairman Alan Bollard said today.Relates to: Fair Trading
Commission gains injunctions against travel companies
3 October 1994
The Commerce Commission today gained temporary injunctions stopping two Auckland companies, Tasman Charter Flights Ltd and Air Australia Worldwide Marketing Ltd, trading as they have been.Relates to: Fair Trading
Trying to keep prices higher costs Sealy $30,000 penalty
3 October 1994
Bed manufacturer Sealy New Zealand Limited had a $30,000 penalty imposed on it for trying to stop a Christchurch store discounting its beds.Relates to: Business Competition
September 1994
Clearance Given to EnergyDirect to Acquire 49% of Capital Power
30 September 1994
The Commerce Commission has cleared Lower Hutt based electricity and gas utility, EnergyDirect Corporation, to buy 49% of the Wellington electricity utility Capital Power Ltd.Relates to:
CLARIFICATION - Commission concerned that consortium has not yet asked for approval
23 September 1994
Paragraph 5 of the media release made this afternoon:Relates to: Business Competition
Commission concerned that consortium has not yet asked for approval
23 September 1994
The Commerce Commission is becoming concerned that it has not yet been asked to authorise a consortium bid for Weddel Crown's meat processing plants.Relates to: Business Competition
Commission seeks comment on Enerco bid for Capital Power
22 September 1994
What would happen to competition if Wellington's gas supplier also owned 49 percent of its electricity company?Relates to: Business Competition
Japan interested in New Zealand's economic deregulation
2 September 1994
Commerce Commission Chairman Alan Bollard has been invited to Japan to speak to business people and government officials about New Zealand's experience in economic deregulation.Relates to:
