May 2001
Commission clears Fletcher Building to acquire CHH Doors
31 May 2001
The Commerce Commission today cleared Fletcher Building Products Limited to acquire the assets, relating to the manufacture of wooden doors, of Carter Holt Harvey Limited's division Carter Holt Harvey Doors (CHH Doors).Relates to:
Commission clears NPIL to acquire Rayonier MDF
31 May 2001
The Commerce Commission today cleared Nelson Pine Industries Limited (NPIL) to acquire Rayonier MDF New Zealand, which is Rayonier's medium density fibreboard plant at Mataura.Relates to:
Signature Security Systems fined $10,500 for misleading advertising in Yellow Pages
30 May 2001
The Christchurch District Court today fined one of the country's biggest security firms, Signature Security Systems Limited, $10,500 for making misleading claims about the cost of its monitored alarms.Relates to: Fair Trading
Highest number of business acquisition clearance applications in 10 years; dates for decisions
30 May 2001
The Commerce Commission has 11 applications for clearance of business acquisitions on hand. This is the highest number in the last 10 years.Relates to:
Third car dealer fined under Fair Trading Act in nine days: ABC Motor Group fined $13,500
30 May 2001
When the Auckland District Court fined ABC Motor Group Limited $13,500 today, it was the third car dealer fined in nine days for breaching the Fair Trading Act.Relates to: Fair Trading
Commission releases guidance on business acquisitions
28 May 2001
The Commerce Commission is circulating a Practice Note to explain its approach to the changed threshold for business acquisitions under the amendments to section 47 of the Commerce Act.Relates to: Business Competition
Progressive applies for clearance to acquire Woolworths
25 May 2001
The Commerce Commission has received an application from Progressive Enterprises Limited to acquire all the shares in Woolworths (New Zealand) Limited.Relates to:
Computershare applies for clearance to acquire BT Portfolio Services
24 May 2001
The Commerce Commission has received an application from Computershare Registry Services Limited to acquire all the shares or assets of BT Portfolio Services (NZ) Limited.Relates to:
Caltex seeks clearance to acquire Challenge
23 May 2001
The Commerce Commission has received an application from Caltex New Zealand Limited to acquire up to 100 percent of the shares in Challenge Petroleum Limited (CPL).Relates to:
Howard Smith applies for clearance to acquire business group from OPSM Protector
21 May 2001
The Commerce Commission has received an application from Howard Smith Limited to acquire OPSM Protector Limited's Protector Supply Group.Relates to:
$14,000 in fines for Ford dealers set Fair Trading precedents for newspaper, magazine and other print advertising
21 May 2001
"The Commerce Commission's view, that newspaper, magazine and other print advertising cannot use small print to correct a misleading claim, had not previously been tested in court," said Commission Chair John Belgrave. "All previous convictions had involved either guilty pleas or television advertising.Relates to: Fair Trading
Commission declines to clear Mainland to acquire Southern Fresh
18 May 2001
The Commerce Commission today declined to clear Mainland Products Limited to acquire Southern Fresh Milk Company Limited.Relates to:
Lowe Corporation applies for clearance to acquire Colyer Mair
18 May 2001
The Commerce Commission has received an application from Lowe Corporation Limited to acquire 100 percent of the shares in Colyer Mair Limited.Relates to:
Clearance sought to form Merino NZ and Wrightson joint venture company
17 May 2001
The Commerce Commission has received an application for a yet to be formed joint venture company to acquire specified merino wool assets from Merino New Zealand Limited and Wrightson Limited.Relates to:
Commission to decide on CHH's proposed acquisition of Central North Island Forest Partnership on May 30
16 May 2001
The Commerce Commission is now due to make its decision on Carter Holt Harvey Limited's (CHH) application for clearance to acquire the Central North Island Forest Partnership on May 30.Relates to:
Harvey Norman fined $7,500 for misleading claims about computer screens: advertisers must understand technical terms that they use
11 May 2001
The conviction and fining of Harvey Norman Stores (NZ) Pty Limited in the Manukau District Court today is a warning to all advertisers who use technical terms: they must understand what the terms mean.Relates to: Fair Trading
Commission clears McCain to acquire Heinz Wattie's Feilding potato and vegetable processing factory
11 May 2001
The Commerce Commission today cleared McCain Foods (NZ) Limited to acquire Heinz Wattie's Limited's potato and vegetable processing factory at Feilding.Relates to:
NGC applies for clearance to acquire Hutt/Mana gas network
10 May 2001
The Commerce Commission has received an application from Natural Gas Corporation (NGC) for clearance to acquire the gas network in the Hutt Valley, Tawa and Porirua areas currently owned by AGL NZ Energy. NGC is 66 percent owned by AGL.Relates to:
Commerce Commission will visit stores to check cots
9 May 2001
Commerce Commission staff will be visiting shops today to check that cots are not dangerous to infants.Relates to: Fair Trading
A warning: Commerce Commission follows up all settlements; Redpath International fined $5,0
8 May 2001
Not honouring a settlement with the Commerce Commission has led to furniture retailer Redpath International Limited being fined $5,000 for breaching the Fair Trading Act.Relates to: Fair Trading
Two wood industry clearance applications:
7 May 2001
The Commerce Commission has received two separate applications for clearance of business acquisitions in the wood products industry.Relates to:
Commission starts court action against British American Tobacco over merger
4 May 2001
The Commerce Commission has commenced court action against British American Tobacco Holdings (NZ) Limited (BAT) alleging that the acquisition by BAT of WD & HO Wills (New Zealand) Limited (Wills NZ) in 1999 contravened section 47 of the Commerce Act.Relates to:
Kupe gas field case discontinued
1 May 2001
The Commerce Commission has today discontinued its proceedings against Fletcher Challenge Limited, Fletcher Challenge Energy Limited, Electricity Corporation of New Zealand and Genesis Power Limited in relation to the Kupe gas field following the conclusion of a confidential settlement between the parties.Relates to: Business Competition
