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May 1997

Commission draft determination does not oppose Powerco/Egmont electricity merger at this stage

30 May 1997

The Commerce Commission released a draft determination today stating that, on the information currently available to it at this stage, it would authorise a proposal for Powerco Ltd to buy up to 100 percent of Egmont Electricity Ltd.

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Commission finds no evidence that Xtra breaches

29 May 1997

The Commerce Commission has found no evidence that Telecom's Internet service provider (ISP), Xtra, is breaching the Commerce Act by offering below cost access to the Internet.

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Commission clears Procter & Gamble/Tambrands deal

28 May 1997

The Commerce Commission today cleared the proposed acquisition by The Procter & Gamble Company of all the shares in Tambrands Inc.

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Commission declines Radio Network clearance

26 May 1997

The Commerce Commission today declined to clear the Radio Network of New Zealand Limited to acquire C93FM (Christchurch) Limited.

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New Zealand promotes competition at APEC workshop

19 May 1997

As New Zealand has taken the lead in ensuring that Asian Pacific Economic Co-operation (APEC) includes competition on its agenda, Commerce Commission Chairman Dr Alan Bollard has been invited to present a paper to the APEC workshop on competition and deregulation in Quebec City today.

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Commission receives new clearance application from Radio Network

13 May 1997

The Commerce Commission registered, today, a new revised application from Radio Network of New Zealand Limited for clearance to acquire all the radio licences held by and all of the shares in C93FM (Christchurch) Limited.

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Commission clears acquisition of some Alliance Textiles and Coats Patons assets

9 May 1997

The Commerce Commission yesterday evening cleared a business acquisition that would, in effect, merge the New Zealand and Australian knitting yarns and crafts businesses of Alliance Textiles (NZ) Limited and Coats Patons (NZ) Limited.

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Record fine imposed on Bond and Bond $63,000

8 May 1997

The Christchurch District Court has imposed the highest fine yet under the Fair Trading Act, $63,000, on Bond and Bond Limited after the company admitted breaching the Act by running a series of misleading advertising campaigns.

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Ford admits Fair Trading breach pays refunds

5 May 1997

As part of a settlement with the Commerce Commission, Ford Motor Company of New Zealand Limited has admitted its Shoctober promotion breached the Fair Trading Act because extra costs were not explained, and is paying refunds to 121 customers.

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Commission clears Caroma to buy some James Hardie assets

1 May 1997

The Commerce Commission yesterday evening cleared Caroma Industries (NZ) Limited to acquire the assets of James Hardie Building Products Limited's bathroom products operation.

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The Fair Trading Act A Guide for Advertisers and Traders

1 May 1997

The Commerce Commission has published what is the only detailed plain English guide to the Fair Trading Act intended specifically for people running their own businesses, managers and anyone else responsible for day-to-day business decisions.

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