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February 2000

Commission clears Pacific Dunlop to acquire underwear and hosiery businesses and assets

29 February 2000

The Commerce Commission today cleared Pacific Dunlop Holdings (NZ) Limited to acquire certain assets and businesses of LWR Hosiery and Underwear Limited (LWR) and R&WH Symington Limited.

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Commission exempts AmTrust's property activities from the Electricity Industry Reform Act

25 February 2000

The Commerce Commission has given an exemption under section 81 of the Electricity Industry Reform Act (the EIR Act) to AmTrust Pacific Limited (AmTrust) and certain other New Zealand subsidiaries of AmTrust which are involved with property investment activities in New Zealand. The exemption is from the application of certain sections of the EIR Act for specified property investment and management activities which relate to AmTrust.

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TeamTalk makes second application to acquire Telecom's mobile radio business

21 February 2000

The Commerce Commission has received an application from TeamTalk Limited for authorisation to acquire Telecom New Zealand Limited's mobile radio business, Fleetlink.

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Caltex, Mobil and Shell were price fixing: High Court imposes $1.175 million penalties

15 February 2000

The Auckland High Court today ordered Caltex New Zealand Limited, Mobil Oil New Zealand Limited and Shell New Zealand Limited to pay penalties totalling $1.175 million for breaching the Commerce Act by price fixing.

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Commission receives clearance application from underwear manufacturer

10 February 2000

The Commerce Commission has received an application from Pacific Dunlop Holdings (NZ) Limited for clearance to acquire certain business assets from LWR Hosiery and Underwear Limited and R&WH Symington Limited.

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Spotlight fined $7,500 for misleading sale promotion

9 February 2000

The Auckland District Court today fined Spotlight Stores New Zealand Limited $7,500 for misleading customers about savings available during promotions in its Christchurch store in October, November and December 1998.

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Commission believes many car dealers increase prices for "sales" and trade-in promotions

3 February 2000

As part of the Commerce Commission's action against false or misleading claims about cars, the Commission is highlighting what it believes is a common practice among car dealers increasing prices for "sale" and trade-in promotions, and making false or misleading claims about reductions.

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