August 2002
Dairy Industry Restructuring Act: Commission receives determination application from Independent Dairy Producers Ltd
27 August 2002
The Commerce Commission has received an application from Independent Dairy Producers Limited (IDP) for a determination under the Dairy Industry Restructuring Act (DIR Act) 2001 in respect of the price IDP has been required to pay the Fonterra Co-operative Group (Fonterra) for raw milk.Relates to:
Commission clears VECTOR to acquire UnitedNetworks
23 August 2002
The Commerce Commission has today cleared VECTOR Limited, and any of its interconnected corporate bodies, to acquire up to 100% of the shares in the capital of UnitedNetworks Limited (UNL) and some or all of the assets of the businesses carried on by UNL.Relates to:
Commission clears National Gas Corporation (NGC) to acquire UnitedNetworks' gas pipeline assets
23 August 2002
The Commerce Commission has today cleared Natural Gas Corporation Holdings Limited to acquire the gas pipeline assets of UnitedNetworks Limited.Relates to:
Plumbing World fined $10,000 for misleading advertising
22 August 2002
Plumbing World was fined $10,000 in the Palmerston North District Court today for breaching the Fair Trading Act in relation to a letterbox flyer circulated nationwide in September last year.Relates to: Fair Trading
Consolidated Extrusions receives Commission clearance
15 August 2002
The Commerce Commission has approved an application from Consolidated Extrusions Pty Limited, a joint venture between Austral Bronze Crane Copper Limited and Simsmetal Limited, to acquire those business assets relating to brass and copper alloy extrusions and distribution of the MCK Group Limited and MCK Pacific Pty Limited.Relates to:
Commerce Commission approves Fletcher Challenge Forests to acquire Central North Island Forest Partnership
15 August 2002
The Commerce Commission has approved a clearance application from Fletcher Challenge Forests Limited (FCF) to acquire the assets of the Central North Island Forest Partnership (the CNIFP).Relates to:
Rio Beverages fined $22,600 for misleading juice claims
14 August 2002
Rio Beverages Limited was fined $22,600 plus court costs in the Auckland District Court today for five breaches of the Fair Trading Act relating to false and misleading claims about its Thexton's Quality Beverages range of products.Relates to: Fair Trading
Fletcher Concrete receives Commerce Commission warning: behaviour at risk of breaching the Commerce Act
12 August 2002
Following a Commerce Commission investigation, Fletcher Concrete and Infrastructure Limited (Fletcher Concrete), previously trading as Firth Industries Limited and The Golden Bay Cement Company Limited, has received a warning over its activities in the cement and ready-mixed concrete markets. The Commission warned Fletcher Concrete that below-cost pricing by Firth risked breaching the Commerce Act.Relates to: Business Competition
Commerce Commission receives clearance application from Pacific Terminals
7 August 2002
The Commerce Commission has received an application from Gardner Smith Ltd, through its wholly owned subsidiary Pacific Terminals Ltd (PTL), to acquire the shares of Bulk Storage Terminals Limited (BST), and all the business of BST in liquid bulk storage terminals at regional ports in New Zealand.Relates to:
Commerce Commission briefing on Airports Inquiry
5 August 2002
Media are invited to a briefing at 10.30am tomorrow, Tuesday 6 August, to discuss the Commerce Commission's recommendations contained in its final report - "Part IV Inquiry into Airfield Activities at Auckland, Wellington and Christchurch International Airports". The briefing will follow the release of the report by Minister of Commerce, Paul Swain, at 8am on the same day.Relates to: Airports
Commerce Commission granted court injunction against Infinity Concierge
1 August 2002
Following a warning to the public last month, the Commerce Commission has successfully sought an interim injunction against what it considers may be a pyramid scheme run by New Zealand registered company, Infinity Concierge NZ Limited. The interim injunction prevents Infinity Concierge from operating or promoting the scheme. The injunction also effectively freezes any money in its bank account and prevents it from cashing any un-presented or unprocessed payments of membership fees.Relates to: Fair Trading
