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June 1997

Commission settlement:

29 June 1997

After a Commerce Commission investigation into misleading claims about fat content, Woolworths (NZ) Limited has changed the way it labels and checks meat.

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Commission clears Mercury Energy/Utilicorp joint venture to acquire Power New Zealand

27 June 1997

The Commerce Commission today cleared a joint venture between Mercury Energy and Utilicorp NZ to acquire up to 100 percent of the shares in Power New Zealand.

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Court makes big change to recommended retail price promotions

26 June 1997

Analysis of comments made by Judge Green in sentencing Bond and Bond to a record $63,000 Fair Trading Act fine shows that his decision makes a significant change to when using recommended retail prices is misleading and a breach of the Fair Trading Act.

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Commission holds Powerco/Egmont conference

25 June 1997

The Commerce Commission conference to gather information about Powerco Limited's application for authorisation to buy up to 100 percent of Egmont Electricity Limited will be held on Monday June 30.

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Commission clears Goodman Fielder acquisition of Defiance, subject to divestment

17 June 1997

The Commerce Commission today cleared Goodman Fielder Ltd to acquire the New Zealand assets of the baking and milling operations of Defiance Mills Ltd, subject to Goodman Fielder divesting certain milling assets.

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Commission receives four submissions on Powerco/Egmont

17 June 1997

The Commerce Commission has received four submissions after it released a draft determination stating that, on information currently available to it, it would authorise Powerco Ltd to acquire up to 100 percent of Egmont Electricity Limited.

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Commission clears NZ Post to acquire some Freightways businesses, subject to divestment

16 June 1997

The Commerce Commission today cleared New Zealand Post Limited to acquire the Express Freight Services businesses of Freightways Limited, subject to NZ Post divesting assets.

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Commission closely watching port industry

11 June 1997

The Commerce Commission is closely watching the port industry and will aggressively investigate and act against anti-competitive conduct in the industry Commission Deputy Chairman Peter Allport said today.

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Warning: Endeavour retirement plan includes pyramid selling

11 June 1997

The Commerce Commission has warned Endeavour International Ltd that the company's retirement savings scheme, the Endeavour Plan, risks breaching the Fair Trading Act because it includes pyramid selling.

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