June 1998
Commerce Commission finance industry seminar June 30
29 June 1998
The Commerce Commission is delighted with the response of the financial services industry to a compliance seminar the Commission is holding tomorrow afternoon in Wellington.Relates to:
Commission accepts undertakings from sugar companies
26 June 1998
The Commerce Commission has ended its investigation of a business acquisition in the New Zealand sugar industry with a settlement in which the companies involved have given undertakings to not seek renewal of duty on some imported sugar other than in exceptional circumstances, allow third party access to some assets and divest certain other assets.Relates to:
Contractor attempted to rig bids for Transit and Council roadmarking contracts
25 June 1998
A failed attempt to rig bids for Transit New Zealand and Gisborne District Council roadmarking contracts cost Roadmarkers Waikato (1981) Limited $20,000 in the Auckland High Court today.Relates to: Business Competition
Director and his four companies fined record $130,000 for false invoices
23 June 1998
Commerce Commission action against false invoicing resulted in the highest total fine to date under the Fair Trading Act, when a company director and his four companies were fined a total of $130,000 today.Relates to: Fair Trading
Commission warns ARC and Tranz Rail – draft arrangement risks breaching Commerce Act
8 June 1998
The Commerce Commission has warned the Auckland Regional Council (ARC) and Tranz Rail Limited that certain provisions of a draft framework agreement for a rail transit initiative in Auckland are potentially anti-competitive and could be challenged under the Commerce Act.Relates to: Business Competition
Proposed approach for airport activities price control study
4 June 1998
The Commerce Commission has announced its preliminary view on how it will conduct its study of prices of airport activities at Auckland, Wellington, and Christchurch airports.Relates to: Airports
