September 2002
Commerce Commission authorises self-governance rulebook for electricity industry
30 September 2002
The Commerce Commission today authorised proposed new arrangements in the form of a rulebook for self-governance of the electricity industry. The authorisation is subject to four conditions and will expire four years from the date of the implementation of the rulebook, or on 31 March 2007, whichever is the earlier.Relates to: Business Competition
Genesis cleared to acquire NGC's gas customers
27 September 2002
The Commerce Commission has approved an application from Genesis Power Limited (Genesis) to acquire the retail gas customers of Natural Gas Corporation Holdings Limited (NGC).Relates to:
Shell applies to Commission for extension to deadline to divest Energy Gas Contracts Limited
27 September 2002
Shell Overseas Holdings Limited (Shell) has applied to the Commerce Commission for a further extension to the deadline to divest Energy Gas Contracts Limited (EGCL).Relates to:
Commerce Commission to investigate dairy dispute
23 September 2002
The Commerce Commission today announced it would investigate Independent Dairy Producers Limitedâ?Âs (IDP) application for a determination under the Dairy Industry Restructuring Act 2001 (DIR Act) in respect of the price IDP has been required to pay the Fonterra Co-operative Group Limited (Fonterra) for raw milk.Relates to:
TSO Update: Net cost calculation & TSO instrument
23 September 2002
The Commerce Commission is required under the Telecommunications Act to determine annually the net cost to Telecom of providing local residential telephone services under Telecom's Telecommunications Service Obligation (TSO), and to apportion that cost across both Telecom itself and other network operators.Relates to: Telecommunications
Company director applies for EIRA exemption
20 September 2002
The Commerce Commission has received an application from Mr Samford Lee Maier (Junior) for a permanent exemption under section 81 of the Electricity Industry Reform Act 1998. Mr Maierâ¿Âs application relates to:Relates to: Electricity
ANZ Bank fined $7,500 for misleading MasterCard offer: campaign write-off costs $2.3million
19 September 2002
ANZ Bank was fined $7,500 plus $1,130 costs in the Wellington District Court yesterday for breaching the Fair Trading Act in relation to a promotion offering nearly 10,000 of its existing customers an ANZ MasterCard with a pre-approved $5000 limit. In addition, Judge Tuohy acknowledged the bank had to write off $2.3million as a result of the campaign as a whole and had suffered the publicity attached to a prosecution.Relates to: Fair Trading
Telecommunications Access Determination: Conference Details
13 September 2002
The Commerce Commission will hold a two-day conference on Monday 16 and Tuesday 17 September, on its draft determination on the interconnection dispute between TelstraClear Limited and Telecom New Zealand Limited.Relates to: Telecommunications
Genesis applies to acquire NGC's gas customers
11 September 2002
The Commerce Commission has received a clearance application from Genesis Power Limited (Genesis) to acquire the retail gas customers of Natural Gas Corporation Holdings Limited (NGC).Relates to:
All bets are off! International co-operation results in successful court action against ex-New Zealander
10 September 2002
International co-operation between the Commerce Commission and its Australian counterpart, the Australian Competition and Consumer Commission (ACCC), has resulted in the successful court action against an ex-New Zealander for breaching the Australian Trade Practices Act 1974. Following admissions by Gold Coast businessman, Robert James Price, the Federal Court in Brisbane has found that he misled consumers and, in one instance, acted unconscionably in connection with the marketing and sale of horse betting software in Australia and New Zealand.Relates to: Fair Trading
Genesis applies to acquire Energy On Line
5 September 2002
The Commerce Commission has received a clearance application from Genesis Power Limited (Genesis) to acquire the electricity customers and assets of Energy On Line Limited (EOL).Relates to:
Avis applies to the Commerce Commission to acquire Budget
5 September 2002
The Commerce Commission has received a clearance application from Cendant Corporation, which owns and operates the New Zealand motor vehicle rental business, Avis Rent-a-Car Limited, to acquire up to 100% of the shares and assets in Budget Group Inc's car and truck operations in New Zealand.Relates to:
Electricity update: Commission to extend consultationon EGB authorisation
2 September 2002
The Commerce Commission is inviting submissions from interested partiesRelates to: Business Competition
Juice industry being squeezed -second prosecution in less than a month
2 September 2002
In the second juice industry prosecution by the Commerce Commission inRelates to: Fair Trading
Commission releases International Benchmarking report and draft interconnection determination
1 September 2002
The Commerce Commission today released two key documents relating to its responsibilities under the Telecommunications Act 2001. The Commission has published an International Benchmarking report in the form of a comparative review of interconnection prices, and has issued a draft of its determination on the interconnection dispute between TelstraClear Limited and Telecom New Zealand Limited. The determination deals with the price and non-price terms for interconnection of the two networks.Relates to: Telecommunications
