May 1996
Commission receives submissions on Ravensdown
31 May 1996
The Commerce Commission has received submissions from interested parties on its draft determination on Ravensdown's application for authorisation to acquire up to 100 percent of SouthFert.Relates to:
Dunedin company and executives fined $28,000 for misleading advertising
30 May 1996
(Note: This case was subsequently appealed to the High Court. The findings were altered and the level of fines against Mr Keith Weatherall and Weatherall Jewellers were reduced.)Relates to: Fair Trading
Rockgas cleared to acquire some of BP's LPG assets
30 May 1996
The Commerce Commission last night cleared Rockgas Ltd to acquire the LPG assets of BP Oil New Zealand Ltd, other than those used to supply LPG to customers of BP's own branded service stations.Relates to:
Fletcher Homes, Residential Mortgages and Bennett and Associates offer compensation to home buyers
29 May 1996
The Commerce Commission is very pleased with progress towards an out of court settlement with Fletcher Homes Ltd, Residential Mortgages Ltd (RML) and Bennett and Associates Ltd over allegedly misleading valuations in relation to a first home ownership package.Relates to: Fair Trading
Cellphone retailers fined $11,400 for Fair Trading Act breaches
24 May 1996
Two cellphone companies, Cellular Systems Ltd and Cellphone Warehouse Ltd, have been fined a total of $11,400 in the Auckland District Court today after being found guilty on three charges each of making misleading claims about cellphone prices.Relates to: Fair Trading
Commission's Ansett decisions by June 4
22 May 1996
The Commerce Commission should make a decision on the two Ansett clearances it is considering by June 4, Commission Chairman Dr Alan Bollard said today.Relates to:
10 years of Commerce Act – two issues still unresolved
22 May 1996
EMBARGOED until 7.30pm May 22Relates to:
Commission receives two applications for Ansett companies
20 May 1996
The Commerce Commission this evening received two separate applications for clearance to buy two different Ansett companies.Relates to:
Commission draft determination opposes Ravensdown/SouthFert merger
8 May 1996
The Commerce Commission has today released a draft determination saying that, on the information currently available to it, it would not authorise a proposal for Ravensdown Corporation Limited to buy up to 100 percent of SouthFert Co-operative Limited.Relates to:
Commission clears Westpac to acquire Trust Bank
8 May 1996
The Commerce Commission today cleared Westpac Holdings New Zealand Ltd to acquire all of the shares of Trust Bank New Zealand Ltd.Relates to:
Warehouse settlement with Commission – jacks recalled
7 May 1996
As part of a settlement with the Commerce Commission, the Warehouse is recalling "Cric Meccanico" and "Pagoda" jacks.Relates to: Fair Trading
