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April 2002

Commerce Commission releases decision on NZ Bus Limited

29 April 2002

The Commerce Commission today released its full decision on NZ Bus Limited's clearance application.

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Fonterra receives Commerce Commission clearance

29 April 2002

The Commerce Commission has approved an application from Fonterra to acquire, through its wholly owned subsidiary Anchor Investments Limited, or any of its interconnected bodies corporate, the remaining 50% of shares in Grated Cheese Co Ltd from Chad Holdings Limited.

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Commerce Commission releases draft determination on EGBL authorisation application

26 April 2002

The Commerce Commission has today released a draft determination in relation to an application by the Electricity Governance Board Limited (EGBL) for authorisation of an arrangement that proposes to restructure the basis under which electricity is traded.

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Commerce Commission releases draft determination on Pharmacy Guild authorisation application

26 April 2002

The Commerce Commission has today released its draft determination in relation to an authorisation application by the Pharmacy Guild of New Zealand (Inc) (the Guild).

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GE Capital Finance receives Commission clearance

24 April 2002

The Commerce Commission has approved an application from GE Capital Finance Australasia Pty Limited (GEC), and any of its interconnected corporate bodies to acquire the business assets of Australian Guarantee Corporation (NZ) Limited (AGC). The business assets will include 50% of the shares of AA Financial Services Limited.

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Commission holds telecommunications conference

22 April 2002

The Commerce Commission will hold a telecommunications conference tomorrow, Tuesday 23 April, on its role in making access determinations.

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Meridian Energy fined $12,000 for Fair Trading Act breaches

22 April 2002

Meridian Energy was fined $12,000 plus costs in the Invercargill District Court today. It admitted six breaches of the Fair Trading Act in relation to an offer to Comalco employees in December 1999.

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Telecommunications Service Obligations:

22 April 2002

The Commerce Commission today released the second of two discussion papers outlining its proposed approach under the Telecommunications Act 2001 (the Act) to determining the cost of the Kiwi Share - now called the telecommunications service obligations (TSO).

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Commerce Commission receives clearance application from Fonterra

18 April 2002

The Commerce Commission has received an application from Fonterra to acquire, through its wholly owned subsidiary Anchor Investments Limited (AIL), or any of its interconnected bodies corporate, the remaining 50% of shares in Grated Cheese Co Ltd (GCC) from Chad Holdings Limited (Chad).

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Update on Electricity Governance Board authorisation

15 April 2002

The Commerce Commission is currently considering an application by the Electricity Governance Board Limited for authorisation of proposed arrangements that will restructure the basis under which electricity is traded.

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Scam trader convicted of 33 breaches of Fair Trading Act

12 April 2002

Notorious trader Michael Knight was fined $3,000 plus $130 court costs in the Auckland District Court today. He was convicted of a total of 33 breaches of the Fair Trading Act relating to the businesses Budget Imports and Francais Imports Limited.

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New Zealand Bus Limited receives Commerce Commission clearance

11 April 2002

New Zealand Bus Limited, commonly known in the Wellington region as Stagecoach, today received Commerce Commission clearance to be a 50% shareholder in a joint venture with Wellington Regional Council to acquire 100% of the assets of Tranz Metro (Wellington).

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National Foods Limited: Commerce Commission decision available on website

8 April 2002

The Commerce Commission has today released its full decision to decline an application from National Foods Limited to acquire, through a wholly owned subsidiary, up to 100% of the issued shares of New Zealand Dairy Foods Limited (NZDF).

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Commerce Commission releases two telecommunications discussion papers

5 April 2002

The Commerce Commission today released two significant discussion papers as part of its new responsibilities under the Telecommunications Act 2001 (the Act). The reports are titled"International Benchmarking" and "Interconnection Pricing Methodology."

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Commerce Commission approves the asset valuationsof 28 electricity lines companies

4 April 2002

The Commerce Commission has completed its statutory requirement to complete a comprehensive audit of the asset valuations of the 29 electricity lines companies and Transpower. All but two lines companies have had their valuation reports approved by the Commission.

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Commerce Commission receives clearance application from GE Capital Finance

4 April 2002

The Commerce Commission has received an application from GE Capital Finance Australasia Pty Limited (GEC), and any of its interconnected corporate bodies to acquire the business assets of Australian Guarantee Corporation (NZ) Limited (AGC). The business assets will include 50% of the shares of AA Financial Services Limited.

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