December 2002
Commerce Commission - adjudication update
24 December 2002
The Commerce Commission will carry over several adjudication decisions into the New Year, relating to its responsibilities under the Commerce Act 1986, Telecommunications Act 2001 and Dairy Industry Restructuring Act 2001.Relates to:
Commerce Commission decides to investigate TelstraClear's application for wholesale residential services
24 December 2002
The Commerce Commission today announced it would investigate aspects of TelstraClear Limited's application for a determination of the terms for the wholesaling of residential services offered by Telecom New Zealand Limited.Relates to: Telecommunications
Commerce Commission highlights for 2002
24 December 2002
Commerce Commission highlights for 2002Relates to:
Wakefield Hospital applies to Commerce Commission to acquire Bowen Hospital
24 December 2002
The Commerce Commission has received a clearance application from Wakefield Hospital Limited to acquire all of the issued shares in Bowen Hospital Limited and all of the land and buildings situated at its Churchill Drive site.Relates to:
Commission says electricity arrangement does not require authorisation
23 December 2002
The Commerce Commission has declined to authorise an arrangement following an application by The Marketplace Company Limited, the market administrator of the New Zealand Electricity Market (NZEM). The arrangement would require, after a delay of 14 days, the disclosure of bids to purchase electricity and offers to sell electricity through the NZEM. Bids and offers are currently disclosed after a delay of four weeks.Relates to: Business Competition
Electricity Lines Businesses: Commission releases first of two draft decision papers
23 December 2002
The Commerce Commission today released the first of two draft decisionRelates to: Electricity
CallPlus applies for access determination
23 December 2002
The Commerce Commission has received an application from CallPlusRelates to: Telecommunications
Commerce Commission: Preussag, Shell and Todd apply for restrictive trade practice authorisation
23 December 2002
Three parties, Preussag Energie, Shell Exploration and Todd Petroleum Mining, have applied to the Commerce Commission for authorisation to enter into arrangements to jointly market and sell gas produced from the Pohokura field off the Taranaki coast.Relates to: Business Competition
Real estate practices scrutinised: High Court rules on fair trading breaches
20 December 2002
In a High Court case taken by the Commerce Commission, Grenadier Real Estate Limited has admitted breaching the Fair Trading Act with respect to misleading advertising of a Lyttleton property for auction in November 2000.Relates to: Fair Trading
Telecommunications Act: update on local loop and public data network and public data network
20 December 2002
The Commerce Commission expects to commence in March 2003 a review of the desirability of regulating the unbundling of Telecom New Zealand Limited’s local loop network and fixed Public Data Network, and to provide a report to the Minister of Communications by 20 December 2003.Relates to: Telecommunications
Burns Philp applies to acquire Goodman Fielder Limited
19 December 2002
The Commerce Commission has received a clearance application from Burns Philp & Company Limited to acquire up to 100% of the share capital of Goodman Fielder Limited.Relates to:
Air New Zealand and Qantas application available on Commission website
18 December 2002
Public versions of the applications for authorisation under the Commerce Act by Air New Zealand Limited and Qantas Airways Limited are now available on the Commerce Commission's website, www.comcom.govt.nz. Interested parties are invited to make submissions on the applications. Submissions will close on 14 February 2003.Relates to:
Commission clears Val Morgan Holdings to acquire cinema advertising businesses
18 December 2002
The Commerce Commission has approved an application from Val Morgan Holdings Pty Limited (VMH), to acquire the cinema advertising businesses of Val Morgan & Co (Aust) Pty Limited (Val Morgan) and Media Entertainment Group Limited (MEG).Relates to:
HSBC to refund customers for undisclosed transaction fees
18 December 2002
In a settlement with the Commerce Commission, the Hong Kong and Shanghai Banking Corporation Limited (HSBC) has admitted breaching the Fair Trading Act and agreed to refund customers for undisclosed transaction fees overcharged since 1996.Relates to: Fair Trading
Cars sold as "new" but manufactured two years earlier: Daewoo fined $35,000
17 December 2002
In a significant case for the motor vehicle industry, Daewoo AutomotiveRelates to: Fair Trading
Telecommunications Act: conference on draft wholesale determination to be held in February
16 December 2002
The Commerce Commission will hold a conference from 3 - 5 February 2003 on its draft report relating to TelstraClear Limited's application for a determination to permit the resale of some services offered by Telecom New Zealand Limited. These revised dates have been set after consultation with the parties.Relates to: Telecommunications
Air New Zealand and Qantas: Commerce Commission begins inquiry process
9 December 2002
The Commerce Commission has today received joint applications from Air New Zealand Limited and Qantas Airways Limited for market behaviour and structure authorisations under the Commerce Act. The applications are under sections 58 and 67 of the Act, relating to restrictive trade practices and business acquisitions respectively.Relates to:
Warning to wine industry - Commission takes fair trading breaches seriously
6 December 2002
Brendon Thomas Meo, owner and director of Solstar Limited, has admitted breaching the Fair Trading Act in relation to misleading representations as to the place of origin of his wine.Relates to: Fair Trading
Gribbles Group applies to Commerce Commission to acquire Alpha Scientific
2 December 2002
The Commerce Commission has received a clearance application from Gribbles Group Limited to acquire the business and business assets of Alpha Scientific Limited.Relates to:
Commission to prosecute Qantas and Air New Zealand: advertising of airfares misleading
1 December 2002
The Commerce Commission is to prosecute Qantas Airways Limited and Air New Zealand Limited for misleading advertising of airfares, Director of Fair Trading Deborah Battell told the Travel Agents Association of New Zealand (TAANZ) at its 40th Anniversary Conference in Taupo yesterday.Relates to: Fair Trading
