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October 1996

Commission clears Tip Top to acquire some New American assets

31 October 1996

The Commerce Commission today cleared Tip Top Ice Cream Company Ltd to acquire most of the assets of New American Ice Cream Ltd.

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Commission urges shops to check for unsafe Christmas toys and bikes now

30 October 1996

The Commerce Commission is urging businesses to check the safety of their Christmas toys and bicycles now, rather than waiting until customers or the Commission find goods that do not meet product safety standards.

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Commission draft determination opposes authorising NZRFU transfer rules

22 October 1996

The Commerce Commission today released a draft determination stating that on the information currently available to it, it would not authorise the New Zealand Rugby Football Union's (NZRFU) proposed player transfer arrangements.

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Business Acquisitions Guidelines explain when Commission would intervene

20 October 1996

The Commerce Commission has published a book, Business Acquisitions Guidelines, explaining when it would take court action against a business acquisition that might breach the Commerce Act.

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$300,000 penalty for bread price fixing

17 October 1996

The Christchurch High Court today imposed penalties totalling $300,000 after Country Fare Bakeries Ltd and Quality Bakers New Zealand Ltd admitted they had reached an understanding in late 1993 which in terms of the Commerce Act amounted to fixing the price of bread in the South Island.

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Blue Star cleared to acquire General Packaging

16 October 1996

The Commerce Commission today cleared Blue Star Group Ltd to acquire 100 percent of the shares in General Packaging Ltd (GPL).

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Mainland cleared to acquire some Kiwi assets and shares

15 October 1996

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The Radio Network denied clearance to acquire Fifeshire

4 October 1996

The Commerce Commission has today declined to clear The Radio Network of New Zealand Limited to acquire all of the shares in Fifeshire FM Broadcasters Limited.

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Gardner Smith declined clearance to acquire Bulk Storage Terminals

4 October 1996

The Commerce Commission has today declined to clear Gardner Smith NZ Ltd to acquire the assets of Bulk Storage Terminals Ltd.

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High Court upholds that directors and companies can both be convicted

4 October 1996

The Christchurch High Court today upheld an earlier District Court judgment that if a company breaches the Fair Trading Act, then individuals, including directors, can be convicted as well as the company.

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Tyco recalls and exchanges Magna Doodle toy parts

3 October 1996

One of the worlds largest toy manufacturers, Tyco, is recalling and exchanging parts of its Magna Doodle drawing set as part of a settlement with the Commerce Commission.

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'HeartSmart' brand withdrawn

2 October 1996

The 'HeartSmart' brand will disappear from eggs following a settlement between the Commerce Commission and producers of the eggs.

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Commerce Commission will continue monitoring

1 October 1996

Restructuring of the aviation industry is far from over and the Commerce Commission will continue to closely monitor developments in the industry Commission Chairman Dr Alan Bollard said today.

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