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September 2000

Enterprise cars fined $33,000: warning to all consumers, dealers not disclosing key information and trade-in claims

29 September 2000

The Auckland High Court today fined Enterprise Motor Group Limited and one of its subsidiaries, Enterprise Motor Group (Panmure) Limited trading as Enterprise Nissan, a total of $33,000 highlighting two nation-wide problems: car dealers not disclosing key information and making misleading claims about the availability of trade-ins.

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Commission receives submissions on RAL/Turoa

27 September 2000

Commerce Commission Chair John Belgrave said that significant interest has been shown in the Commission's draft determination on Ruapehu Alpine Lifts Limited's (RAL) application for authorisation to acquire Turoa Ski Resort Limited (in receivership).

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Southern Cross makes third application for clearance to acquire Aetna Health, offers to divest assets

19 September 2000

The Commerce Commission has received a third application from Southern Cross Medical Care Society for clearance to acquire all the shares in Aetna Health (NZ) Limited.

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More Commission action on website claims:Cogent Communications fined $7,000

14 September 2000

In the Commerce Commission's third website case in the last five weeks, Cogent Communications Limited, trading as Hart Candy, was fined $7,000 in the Auckland District Court for breaching the Fair Trading Act by making misleading claims about cellphones.

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Toy importer Deco Fashions to pay fines and costs $9,260 for 45,000 unsafe toys: Shell and Barnardo's had choking hazard teddy bears

14 September 2000

The Auckland District Court today ordered toy importer, Deco Fashions Limited, to pay $9,260 in fines and costs after it supplied 45,000 unsafe teddy bears to Shell New Zealand Limited and Shell donated some of the teddy bears to the Barnardo's Children's Trust.

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Highest ever Fair Trading Act order: Maximus pyramid selling scheme liable for more than $3.1 million

13 September 2000

The Auckland High Court today imposed the highest order yet under the Fair Trading Act when it ordered that Maximus Intermediaries Limited was a pyramid selling scheme and entered judgment against the defendants who are liable to pay more than $3.1 million to people who had bought into the scheme.

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Commission declines Southern Cross' second application for clearance to acquire Aetna Health

13 September 2000

The Commerce Commission today declined The Southern Cross Medical Care Society's second application for clearance to acquire Aetna Health (NZ) Limited.

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Commission clears proposal to combine ownership of plastic pipe manufacturers Marley and Keyplas

12 September 2000

The Commerce Commission has cleared Etex Holding BV to acquire all of the shares in Milnes Holdings Limited.

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Stock agent fined $4,000: deliberately falsified sale dockets, overcharged farmer $3,920 for cattle

12 September 2000

The Hamilton District Court today fined independent stock agent Hugh Roderick Chisholm $4,000 after he admitted that he had deliberately falsified saleyard dockets and overcharged a farmer $3,920 for cattle.

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Commission clears Cremation Society of Canterbury to acquire Harewood crematorium

8 September 2000

The Commerce Commission has cleared the Cremation Society of Canterbury Limited to acquire the remaining 55.14 percent in Harewood Memorial Gardens & Crematorium Limited.

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Commission clears Montana to acquire Corbans

6 September 2000

The Commerce Commission today cleared Montana Group (NZ) Limited to acquire up to 100 percent of the shares in Corban Wines Limited.

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Fair Trading Act does apply to websites: Michael Hill Jeweller Ltd fined $1,000

6 September 2000

The Commerce Commission's prosecution of Michael Hill Jeweller Limited has shown that the Fair Trading Act applies to claims made on websites.

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Commission agrees to RAL's request for extension of time

4 September 2000

The Commerce Commission today agreed to a request from Ruapehu Alpine Lifts Limited (RAL) for a two-week extension to the Commission's timetable.

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TrustPower to publish corrective advertising and write to consumers, Commission also warns Wrightson

4 September 2000

Power company TrustPower Limited has agreed that it risked breaching the Fair Trading Act when it made claims to consumers that is "the only electricity supply company which is predominantly New Zealand-owned". The Act prohibits misleading and deceptive conduct.

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Commission clears Glaxo Wellcome/SmithKline Beecham merger subject to divestment of some assets

1 September 2000

The Commerce Commission today cleared the New Zealand arm of the international merger of pharmaceutical companies Glaxo Wellcome Plc and SmithKline Beecham Plc, subject to the divestment of some assets to an independent third party.

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