April 2000
Second major finance industry application: CBA applies for clearance to acquire Colonial's NZ businesses
27 April 2000
The Commerce Commission has received an application from Commonwealth Bank of Australia Group (CBA) for clearance to merge the New Zealand businesses of itself and Colonial Limited.Relates to:
Cordless telephone distributors were price fixing: all distribution agreements must comply with Commerce Act
23 April 2000
Acknowledgment by cordless phone distributor, Vtech Distributors Limited, and another distributor that they were price fixing is a warning to all business sectors: competitors must not use distribution agreements to set prices.Relates to: Business Competition
First exemption for individual: Commission exempts Joan Withers from the Electricity Industry Reform Act
17 April 2000
The Commerce Commission has granted its first Electricity Industry Reform Act exemption to an individual Ms Joan Withers has been exempted from the cross-ownership rules of the Act.Relates to: Electricity
Commission exempts Tranz Rail from the Electricity Industry Reform Act
14 April 2000
The Commerce Commission today exempted Tranz Rail Holdings Ltd and its subsidiaries from the application of the cross-ownership rules of the Electricity Industry Reform Act.Relates to: Electricity
Ihug agrees that its advertising of Internet service and PC package was liable to mislead the public about prices
14 April 2000
In a settlement with the Commerce Commission, The Internet Group Limited, which trades as Ihug, has agreed that some of its advertising was contrary to the Fair Trading Act and other advertisements were liable to mislead the public and risked breaching the Act.Relates to: Fair Trading
Another retailer makes misleading furniture claims: Hazelwoods fined $15,000
11 April 2000
Fines against companies associated with the North South Furnishings Group Limited now total $23,000 after the Upper Hutt District Court today fined Hazelwoods Home Traders Limited $15,000 for breaching the Fair Trading Act by making false or misleading claims about furniture.Relates to: Fair Trading
Commission may develop new business acquisitions processes: could work closely with business to do so
10 April 2000
The Commerce Commission will work closely with business groups if, as it appears likely, it develops new processes for handling business acquisitions.Relates to:
NZI and State apply for clearance to merge
6 April 2000
The Commerce Commission has received an application for clearance to merge two of New Zealand's biggest insurance companies, New Zealand Insurance Limited (NZI) and State Insurance Limited.Relates to:
Polarcup (NZ) Limited applies for clearance to acquire CHH's plastic packaging business
4 April 2000
The Commerce Commission has received an application from Polarcup (NZ) Limited to acquire Carter Holt Harvey Limited's (CHH) New Zealand and Australian plastic packaging business.Relates to:
Commission clears EFG Services Limited to acquire cork supplier
4 April 2000
The Commerce Commission has cleared EFG Services Limited, to acquire brewing and winemaking supplies distributor, Carter & Associates (1995) Limited.Relates to:
