December 2003
Freshly Squeezed fined $10,000 for misleading juice claims
24 December 2003
Issued 24 December 2003Relates to: Fair Trading
Electricity Lines Businesses: Commission releases draft information disclosure requirements and ODV Handbook
23 December 2003
Issued Tuesday 23 December 2003Relates to: Electricity
Electricity Lines Businesses: Commission releases final decisions on the thresholds to apply from 2004
23 December 2003
Issued Tuesday 23 December 2003Relates to: Electricity
Electricity Lines Businesses: Update on the Commission's Threshold Assessments
23 December 2003
Issued Tuesday 23 December 2003Relates to: Electricity
Telecommunications Act: Commission recommends unbundling for broadband
23 December 2003
Issued 23 December 2003Relates to: Telecommunications
Court of Appeal ruling puts auctioneers on notice
22 December 2003
Issued 22 December 2003Relates to: Fair Trading
Commission clears MediMedia to acquire medical publications
19 December 2003
Issued 19 December 2003Relates to:
Guidelines provide greater clarity on competition threshold
19 December 2003
Issued 19 December 2003-04/Relates to:
Telecommunications Act: Commission sets final TSO cost
18 December 2003
Issued 18 December 2003Relates to: Telecommunications
Product safety important as holiday season begins
4 December 2003
Issued 4 December 2003Relates to: Fair Trading
Misleading and false claims not on Christmas shopping list
4 December 2003
Issued 4 December 2003Relates to: Fair Trading
Electricity Industry Reform Act: Commission grants exemption to AMP Diversified Property Trust
4 December 2003
Issued 4 December 2003Relates to: Electricity
Commission clears Best Western to acquire Pacifica
4 December 2003
Issued 4 December 2003Relates to:
Westfield Group applies for exemption under EIR Act
3 December 2003
Issued 3 December 2003Relates to: Electricity
November 2003
One Connect Director fined $4,000 for misleading flight offer
25 November 2003
Issued 25 November 2003Relates to: Fair Trading
MediMedia applies to acquire medical publications
24 November 2003
Issued 24 November 2003Relates to:
Advertising of A2 milk changes following Commerce Commission warning
21 November 2003
Issued 21 November 2003Relates to: Fair Trading
Commerce Commission clears Holcim to acquire Atlas
21 November 2003
Issued 21 November 2003Relates to:
Best Western applies for clearance to acquire Pacifica
18 November 2003
Issued 18 November 2003Relates to:
Commission declines clearance application for MiTek to acquire Pryda and Reid
13 November 2003
Issued Thursday 13 November 2003Relates to:
Telecommunications Act: Local Loop Unbundling – Conference Details
7 November 2003
Issued 7 November 2003Relates to: Telecommunications
Ticketek fined $15,000 plus costs for breaching Fair Trading Act
7 November 2003
Issued 7 November 2003Relates to: Fair Trading
Court of Appeal rules on 'blatant' price fixing: Giltrap City Toyota ordered to pay $100,000
6 November 2003
Issued 5 November 2003Relates to: Business Competition
Ace Financial Services' shop around offer attracts $9,000 fine
5 November 2003
Issued 5 November 2003Relates to: Fair Trading
October 2003
Commission alerts public to second mail out from Domain Names
31 October 2003
The Commerce Commission is aware of a second mass mail out by Australian-based company, Domain Names NZ, and strongly urges that people look carefully at all details before considering paying any sum requested.Relates to: Fair Trading
Electricity Lines Business: Price Path Threshold – Conference Details
30 October 2003
Issued 30 October 2003Relates to: Electricity
Competition terms and conditions must be clearly disclosed:Plastic Box, Sports and Events Marketing admit Fair Trading breach
29 October 2003
The Commission is sending a message to all businesses running in-store competitions to clearly disclose all significant terms and conditions, following a settlement with two businesses, Plastic Box (Group) Limited and Sports and Events Marketing Limited.Relates to: Fair Trading
Air New Zealand and Qantas: Commission rejects proposed Alliance as not in the interests of New Zealanders
23 October 2003
Issued 23 October 2003Relates to:
Air New Zealand and Qantas: Media briefing on release of final determinations
22 October 2003
Issued 22 October 2003Relates to:
Telecom Mobile pleads guilty to Fair Trading breaches
20 October 2003
Issued 20 October 2003Relates to: Fair Trading
Commission joins forces with Australia and UK to address global competition and consumer issues
17 October 2003
Issued 17 October 2003Relates to:
Electricity Lines Businesses: Commission releases Process Paper on Information Disclosure
16 October 2003
Issued Thursday 16 October 2003Relates to: Electricity
Local Loop and Public Data Network Unbundling: Amended Draft Report Released
14 October 2003
Issued 14 October 2003Relates to: Telecommunications
Commission receives clearance application from Holcim
10 October 2003
Issued 10 October 2003Relates to:
Commission grants clearance to ITWNZ to acquire Pryda and Reid
9 October 2003
Issued 9 October 2003Relates to:
Commission grants clearance to Schneider Electric to acquire Gerard Industries
8 October 2003
Issued 8 October 2003Relates to:
Commission issues warning to Domain Names NZ - .net offer liable to mislead
8 October 2003
Issued 8 October 2003Relates to: Fair Trading
Update on Local Loop and Public Data Network Unbundling
8 October 2003
Issued 8 October 2003Relates to: Telecommunications
Commission receives second clearance application from MiTek
7 October 2003
Issued 7 October 2003Relates to:
September 2003
New Zealand Dental Association makes changes as a result of Commerce Commission investigation
29 September 2003
Issued Monday 29 September 2003Relates to: Business Competition
ANZ Bank cleared to acquire National Bank
25 September 2003
Issued Thursday 25 September 2003Relates to:
Commerce Commission clears South Pacific Seeds
25 September 2003
Issued Thursday 25 September 2003Relates to:
Qantas and Air New Zealand update: Commission advises date for final determinations
25 September 2003
Issued Thursday 25 September 2003Relates to:
TSO Update: Net cost calculation & TSO instrument
24 September 2003
Issued 24 September 2003Relates to: Telecommunications
Commission grants clearance to Todd Pohokura
23 September 2003
Issued Tuesday 23 SeptemberRelates to:
Commission receives clearance application from ITW New Zealand
18 September 2003
Issued 18 September 2003Relates to:
Telecommunications Act: Commerce Commission recommends unbundling
18 September 2003
Issued 18 September 2003Relates to: Telecommunications
'Everyone Love' baby walkers put children at risk
16 September 2003
Issued 16 September 2003Relates to: Fair Trading
BP changes advertising in response to Commission concerns thatconsumers may be misled
15 September 2003
Issued 15 September 2003Relates to: Fair Trading
Electricity Lines Businesses: Commission releases Issues Paper for new ODV handbook
12 September 2003
Issued Friday 12 September 2003Relates to: Electricity
TelstraClear guilty of misleading its customers
12 September 2003
Issued 12 September 2003Relates to: Fair Trading
Westpac and MiTek withdraw clearance applications
12 September 2003
Issued: Friday 12 September 2003Relates to:
Air New Zealand and Qantas: Commission confirms end of September for final determinations
9 September 2003
Issued 9 September 2003Relates to:
TrustPower to refund customers for Fair Trading Act breach
5 September 2003
In a settlement with the Commerce Commission, TrustPower Limited has admitted breaching the Fair Trading Act and will refund approximately 200 customers who may have been misled about electricity price increases.Relates to: Fair Trading
Commission receives clearance application from MiTek
5 September 2003
The Commerce Commission has received an application from MiTek New Zealand Limited (MiTek) seeking clearance to acquire the assets of Pryda New Zealand (Pryda) and Reid New Zealand (Reid).Relates to:
Electricity Lines Businesses: Commission releases draft decisions for resetting the price path threshold
5 September 2003
The Commerce Commission today released draft decisions relating to the regulation of large electricity lines businesses (distribution businesses and Transpower). This work is part of the Commission's continuing development of a regulatory regime for lines businesses, as required by Part 4A of the Commerce Act.Relates to: Electricity
Commission warns public about 'work from home' scheme
4 September 2003
Issued 4 September 2003-04Relates to: Fair Trading
Telecommunications Act – Unbundling reviews: Commission launches additional investigation
4 September 2003
Issued 4 September 2003-04Relates to: Telecommunications
Commission authorises anti-competitive arrangement at Pohokura gas fields subject to three conditions
1 September 2003
Issued 1 September 2003Relates to: Business Competition
August 2003
Gas Pipelines Inquiry: conference details
28 August 2003
Issued 28 August 2003Relates to: Gas Pipelines
Commission receives clearance application from Schneider Electric
27 August 2003
Issued 27 August 2003Relates to:
Commission receives clearance application from South Pacific Seeds
25 August 2003
Issued 25 August 2003Relates to:
Commission's case against King Cargo concluded
20 August 2003
Issued 20 August 2003Relates to: Fair Trading
Commission receives clearance application from Westpac
18 August 2003
Issued 18 August 2003Relates to:
Commission receives clearance application from ANZ
14 August 2003
The Commerce Commission has received an application from ANZ Banking Group (New Zealand) Limited (ANZ) to acquire NBNZ Holdings Limited, the New Zealand holding company of The National Bank of New Zealand Limited and its controlled subsidiaries (National) from Lloyds TSB Bank plc.Relates to:
Air New Zealand and Qantas: Commission holds conference
11 August 2003
Issued 11 August 2003Relates to:
Electricity Lines Businesses: Commission releases draft guidelines for determining whether to declare control
8 August 2003
Issued Friday 8 August 2003Relates to: Electricity
Telecommunications Act: Commission holds TSO conference
8 August 2003
Issued 8 August 2003Relates to: Telecommunications
Commission urges caution when dealing with Domain Names NZ
7 August 2003
Issued 7 August 2003Relates to: Fair Trading
Company prevented from selling 'Wave Shield' mobile phone protection device – fined $4,000
1 August 2003
Issued 1 August 2003Relates to: Fair Trading
July 2003
Telecommunications Act: Commission to investigate local and cellular telephone number portability
29 July 2003
Issued 29 July 2003Relates to: Telecommunications
Electricity Industry Reform Act: Commission grants exemption to Eastland Network
24 July 2003
The Commerce Commission has exempted Eastland from the application of the cross involvement rules of the Electricity Industry Reform Act 1998 (EIR Act).Relates to: Electricity
Bungy New Zealand receives Commerce Act clearance to acquire Pipeline Bungy
24 July 2003
The Commerce Commission has cleared Bungy New Zealand Limited to acquire the Pipeline Bungy business operating in Skippers Canyon, Queenstown.Relates to:
Penalties doubled and enforcement powers strengthened by new Fair Trading legislation
23 July 2003
Recent changes to the Fair Trading Act have extended the Commerce Commission's powers to deal with misleading and unfair trading practices by businesses.Relates to: Fair Trading
Telecommunications Act – Unbundling reviews: Commission updates timetable
23 July 2003
The Commerce Commission today published an update to the timetable for the reviews into unbundling of Telecom New Zealand's local loop network and its fixed Public Data Network.Relates to:
Confirmation of Air New Zealand and Qantas conferences
18 July 2003
The Commerce Commission today confirmed that the conferences it will hold on the Air New Zealand and Qantas applications for Commerce Act authorisations will commence in Wellington on 18 August 2003.Relates to:
Gas Pipelines Inquiry: Commerce Commission releases draft framework paper
16 July 2003
The Commerce Commission today released a draft framework paper which proposes legal and analytical frameworks to be used in the Gas Pipelines Inquiry. The Commission commenced the inquiry as a result of a request from the Minister of Energy pursuant to Part IV of the Commerce Act.Relates to: Gas Pipelines
Wizard Home Loans' advertising misleading – Chinese community targeted
15 July 2003
A company named New Aussie Finance Pty Limited, licensed to trade as Wizard Home Loans to the Chinese and Korean communities in the greater Auckland region, has admitted its advertising was misleading and in breach of the Fair Trading Act in a settlement with the Commerce Commission.Relates to: Fair Trading
Telecommunications Act: Commission holds TSLRIC conference
11 July 2003
Issued 11 July 2003Relates to: Telecommunications
Commission receives clearance application from Bungy New Zealand Limited
10 July 2003
Issued 10 July 2003Relates to:
'No antibiotics' claim costs chicken producer $10,000
8 July 2003
Issued 8 July 2003Relates to: Fair Trading
Telecommunications Act: Commission releases draft determinationon CallPlus interconnection application
7 July 2003
Issued 7 July 2003Relates to: Telecommunications
June 2003
Pohokura Gas Authorisation – conference details
30 June 2003
Issued 30 June 2003Relates to: Business Competition
Telecommunications Act: Commerce Commission releases draft TSO cost calculation
27 June 2003
Issued 27 June 2003Relates to: Telecommunications
Air New Zealand and Qantas – public version of submission available on website
25 June 2003
Issued 25 June 2003Relates to:
Commission sends warning to Ross Securities: letters risked breaching the Fair Trading Act
19 June 2003
Issued 19 June 2003Relates to: Fair Trading
Dairy Industry Restructuring Act: Commission sets final discount rate for Fonterra's annualised share value
13 June 2003
Issued 13 June 2003Relates to:
Fastlane Auto fined $18,000 for misleading car offer
10 June 2003
Issued 10 June 2003Relates to: Fair Trading
Electricity Lines Businesses: Commission sets thresholds
10 June 2003
Issued Tuesday 10 June 2003Relates to: Electricity
TelstraClear and Telecom apply for pricing review
6 June 2003
Issued 6 June 2003Relates to: Telecommunications
Commission receives clearance application from Wesfarmers Industrial & Safety NZ
5 June 2003
Issued 5 June 2003Relates to:
Fly Away – but you'll have to pay: Commission concerned about 'free flight' deal
4 June 2003
Issued 4 June 2003Relates to: Fair Trading
May 2003
Update: Regulation of electricity lines businesses
30 May 2003
Issued 30 May 2003Relates to: Electricity
Commission seeks comments on process for gas pipelines inquiry
29 May 2003
Issued 30 May 2003Relates to: Gas Pipelines
Telecommunications Act: Commission to investigate CallPlus application for wholesale determination
26 May 2003
Issued 26 May 2003Relates to: Telecommunications
Agpac Plastics pleads guilty to fair trading breach: building product misrepresented
23 May 2003
Issued 23 May 2003Relates to: Fair Trading
Telecommunications Act: Commission releases key TSO documents and cost model
20 May 2003
Issued 20 May 2003Relates to: Telecommunications
Commerce Act: Commission releases draft determination on Pohokura Gas Authorisation
16 May 2003
Issued 15 May 2003Relates to: Business Competition
Commerce Commission receives clearance application from Procter & Gamble
15 May 2003
Issued 15 May 2003Relates to:
Kentucky Rebel Bourbon & Cola drink not the real thing: Indio Beverages fined $28,000
14 May 2003
Issued 14 May 2003Relates to: Fair Trading
Telecommunications Act: revised TSO timetable
13 May 2003
Issued 13 May 2002-03Relates to: Telecommunications
Commission commences inquiry into gas pipelines
13 May 2003
Issued 13 May 2003Relates to: Gas Pipelines
Telecommunications Act: Wholesale determination delivers choice for consumers
12 May 2003
New Zealanders will soon have a greater choice in purchasing telecommunication services, particularly in regional areas.Relates to: Telecommunications
Commission alerts tradespeople not to register
9 May 2003
The Commerce Commission is alerting businesses to the activities of a company calling itself Trade Registrations NZ Ltd and is concerned that the scheme it is promoting may not be legitimate.Relates to: Fair Trading
King Cargo fined $5,000 for selling dodgy bicycles
7 May 2003
King Cargo Limited was fined $5,000 plus costs in the Masterton District Court last week for selling bicycles that failed to comply with the bicycle safety standard.Relates to: Fair Trading
Used car dealers warned over misleading odometer claims
6 May 2003
The Commerce Commission has warned ten used car dealers that their advertising may be in breach of the Fair Trading Act, and that it will prosecute those dealers who continue to mislead customers.Relates to: Fair Trading
Telecommunications Act - Unbundling reviews: Commission issues RFP and timetable update
5 May 2003
The Commerce Commission has released a request for proposals (RFP) to conduct a cost-benefit analysis of the regulatory options for the unbundling of Telecom New Zealand's local loop network and its fixed Public Data Network. This forms part of the Commission's investigations into assessing the desirability of unbundling under section 64 of the Telecommunications Act 2001.Relates to: Telecommunications
Electricity Lines Businesses: Commission releases thresholds decision paper
2 May 2003
The Commerce Commission today released a decision paper on the thresholds to apply as part of its regulatory regime for electricity lines businesses, as well as a draft Gazette notice that will be used to formally set the thresholds. This work is required under Part 4A of the Commerce Act.Relates to: Electricity
AMP Diversified Property Trust applies for EIRA exemption
1 May 2003
The Commerce Commission has received an application from the AMP Diversified Property Trust (ADP), certain subsidiaries of AMP Limited and other persons involved with ADP's property investment activities, for an exemption under the Electricity Industry Reform Act 1998 (EIRA) in relation to ownership separation provisions.Relates to: Electricity
Commerce Act: Update on process and timing for Pohokura gas authorisation
1 May 2003
The Commerce Commission will release its draft determination on the application for authorisation regarding the Pohokura gas field on Thursday 15 May. The Commission had initially intended to release the determination today.Relates to: Business Competition
Eastland Network applies for EIRA exemption
1 May 2003
The Commerce Commission has received an application from the Eastland Network Limited for an exemption under the Electricity Industry Reform (EIR) Act 1998.Relates to: Electricity
Telecommunications Act: Commission publishes report on pricing principle
1 May 2003
The Commerce Commission has today published a draft report proposing an amendment to the formula under the Telecommunications Act for setting initial prices for bundled service offerings.Relates to: Telecommunications
April 2003
Air New Zealand and Qantas: Commission agrees extension
30 April 2003
The Commerce Commission has granted a six week extension for all parties to make submissions on its Air New Zealand Limited and Qantas Airways Limited draft determinations and has extended the process to allow for cross submissions. The extension means that the Commission expects to make its final determination in September 2003.Relates to:
Air New Zealand and Qantas authorisations: Commission considering request for extension
28 April 2003
The Commerce Commission is considering a request for an extension from Air New Zealand Limited and Qantas Airways Limited relating to their applications for authorisation under the Commerce Act. The applicants have requested more time to make submissions on the Commission's draft determinations.Relates to:
Telecommunications Act: Preliminary analysis of Telecom's TSO model and Commission's own proposed model
23 April 2003
The Commerce Commission today released the access network model that it proposes to use in estimating the annual cost to Telecom New Zealand Limited of complying with its telecommunications service obligations (TSO). The Commission's modelling forms part of its preparatory work for the publication of its draft and final TSO determination.Relates to: Telecommunications
Commission concerned about activities of Global Pre-Paid Communications and In Touch Networks
17 April 2003
The Commerce Commission is concerned about the activities of an Australian-based company, trading under the names Global Pre Paid Communications Pty Limited and In Touch Networks Pty Limited, following the commencement of legal proceedings against the company by the Australian Competition and Consumer Commission (ACCC).Relates to: Telecommunications
Time-share company fined $30,000 for misleading conduct
17 April 2003
Time-share company One World Leisure (NZ) Limited (OWL) was fined $30,000 plus costs in the Auckland District Court today after pleading guilty to breaching the Fair Trading Act in relation to its promotion of time-share investments and holiday ownership.Relates to: Fair Trading
Infinity Concierge scheme costs promoter $11,520
11 April 2003
Following the recent Commerce Commission prosecution of pyramid selling scheme Infinity Concierge Limited and its operators, a fifth defendant, David John Mawson, was fined $11,520 including costs in the Christchurch District Court yesterday for operating or promoting a pyramid selling scheme, in breach of the Fair Trading Act.Relates to: Fair Trading
Commerce Act: Qantas & Air NZ draft determinations
10 April 2003
The Commerce Commission considers that an alliance between Air New Zealand and Qantas Airways Limited would not result in a net public benefit to New Zealanders, and on the basis of the information available, it would be likely to decline applications by both airlines for authorisation under the Commerce Act. The Commission released its draft determinations today.Relates to:
Telecommunications Act: Commission commences investigation into unbundling Telecom's local loop network and fixed Public Data Network
10 April 2003
The Commerce Commission has today released an issues paper to commence its investigation into unbundling Telecom's local loop network and its fixed Public Data Network.Relates to: Telecommunications
Media briefing on release of Qantas and Air New Zealand draft determination
8 April 2003
The Commerce Commission will release its draft determination relating to applications by Qantas Airways Limited and Air New Zealand for authorisations under the Commerce Act at 12noon on Thursday 10 April 2003.Relates to:
Commerce Commission - key diary notes for media
7 April 2003
Key diary notes relating to Commerce Commission activities this week include:Relates to:
Commission clears Pfizer Laboratories to acquire Pharmacia
4 April 2003
The Commerce Commission has cleared Pfizer Laboratories Limited to acquire the business assets of Pharmacia Limited Company subject to a confidential undertaking.Relates to:
Telecommunications Act: Update on TSO process
4 April 2003
The Commerce Commission will this month release the model it proposes to use to estimate Telecom New Zealand Limited's cost of complying with its telecommunications service obligations (TSO). In addition, the Commission will release its analysis of Telecom's own TSO cost model, and invites industry parties to make submissions on both models.Relates to: Telecommunications
March 2003
Promoter fined $4,500 for involvement in SkyBiz multi-level selling scheme
31 March 2003
Gregory Ian Dawson was fined $4,500 plus $1630 costs in the Auckland District Court on Friday having pleaded guilty to breaching the Fair Trading Act in relation to his involvement in US-based international multi-level selling scheme SkyBiz between 1999 and 2001.Relates to: Fair Trading
Electricity Lines Businesses: Commission decides on thresholds
31 March 2003
Electricity Lines Businesses: Commission decides on thresholds[/publications/decisions/media.pdf]Relates to: Electricity
Telecommunications Act: Update on unbundling the Local Loop Network and the fixed Public Data Network
27 March 2003
The Commerce Commission will commence investigations into the desirability of regulating the unbundling of Telecom New Zealand Limited's local loop network and its fixed Public Data Network with the release of an issues paper next month.Relates to: Telecommunications
Telecommunications Act: Commission receives application for number portability determination
27 March 2003
The Commerce Commission has received an application from five telecommunications carriers for a determination for designated multinetwork services under the Telecommunications Act 2001 in respect of the local telephone number portability service and the cellular telephone number portability service.Relates to: Telecommunications
Telecommunications Act: Commission to investigate CallPlus application for interconnection determination
26 March 2003
The Commerce Commission will investigate the interconnection element of CallPlus Limited's application for an access determination under the Telecommunications Act 2001. CallPlus applied to the Commission in December 2002 for a determination relating to interconnection services and wholesale (resale) services from Telecom New Zealand Limited.Relates to: Telecommunications
Commission puts the squeeze on juice industry
24 March 2003
Following two successful prosecutions against Rio Beverages Limited and Double-R Soft Drinks Limited last year, the Commerce Commission is continuing to put the squeeze on the marketing practices of fruit juice companies.Relates to: Fair Trading
Commission declines Brambles application to acquire GE Capital Returnable Packaging Systems
21 March 2003
The Commerce Commission has declined a clearance application from Brambles New Zealand Limited (Brambles) to acquire the business assets of GE Capital Returnable Packaging Systems Limited (GECRPS).Relates to:
Commerce Commission receives clearance application from Pfizer Laboratories Limited
21 March 2003
The Commerce Commission has received an application from Pfizer Laboratories Limited to acquire the business assets of Pharmacia Limited Company.Relates to:
Pyramid selling slammed: Infinity Concierge fined over $38,000
12 March 2003
The Commerce Commission is warning the public not to get involved in pyramid selling after the Christchurch District Court fined Infinity Concierge and its operators a total of $38,760 including costs for operating or promoting a pyramid selling scheme, in breach of the Fair Trading Act.Relates to: Fair Trading
Commerce Act: Southern Capital cleared to acquire Hirepool
7 March 2003
The Commerce Commission has cleared Southern Capital Limited to acquire 100% of the shares in Hirepool Limited from Owens Group Limited.Relates to:
Commission grants EIRA exemption
7 March 2003
The Commerce Commission has exempted Mr Samford Lee Maier (Junior) from the application of the cross involvement rules of the Electricity Industry Reform Act 1998 (EIR Act).Relates to: Electricity
Electricity Lines Businesses: conference details
7 March 2003
The Commerce Commission will hold a five-day conference on its draft decisions on the regulatory regime for electricity lines businesses from 10-14 March 2003.Relates to: Electricity
Air New Zealand and Qantas: Commission outlines timing of draft determination and conference
5 March 2003
The Commerce Commission intends to release simultaneously two draft determinations relating to two applications by Qantas and Air New Zealand for authorisation under the Commerce Act in early April 2003.Relates to:
DIRA: Closing date for submissions extended
3 March 2003
The closing date for submissions on the Commission's draft determination relating to setting the discount rate for calculating Fonterra Co-operative Group Limited's annualised share value for the 2001-2002 season has been extended until Friday 7 March.Relates to:
February 2003
Telecommunications Act: Commission to investigate pricing principle
27 February 2003
The Commerce Commission is investigating whether the formula under the Telecommunications Act for setting initial prices for bundled service offerings should be amended.Relates to: Telecommunications
Electricity Lines Businesses: Commission confirms conference details
27 February 2003
The Commerce Commission will hold a five-day conference on its draft decisions on the regulatory regime for electricity lines businesses from 10-14 March 2003.Relates to: Electricity
TelstraClear pleads guilty to misleading Sky TV offer
26 February 2003
TelstraClear Limited was fined $5,000 plus costs in the North Shore District Court today, having pleaded guilty to misleading its customers as to the nature of a Sky TV promotional offer.Relates to: Telecommunications
Commerce Act: Southern Capital applies to Commission to acquire Hirepool
24 February 2003
The Commerce Commission has received a clearance application from Southern Capital Limited to acquire 100% of the shares in Hirepool Limited from Owens Group Limited.Relates to:
Commission clears Burns Philp to acquire Goodman Fielder
21 February 2003
The Commerce Commission has cleared Burns Philp & Company Limited to acquire up to 100% of the share capital of Goodman Fielder Limited subject to a divestment of the New Zealand yeast business of New Zealand Food Industries Limited (NZFI).Relates to:
Commerce Act: Extension to Burns Philp clearance application
20 February 2003
The Commerce Commission and Burns Philp & Company Limited have agreed to a 24 hour extension to allow further consideration of Burns Philp's application under the Commerce Act for clearance to acquire up to 100% of the share capital of Goodman Fielder Limited.Relates to:
Commission clears Wakefield to acquire Bowen Hospital
19 February 2003
The Commerce Commission has cleared 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 in Wellington.Relates to:
Kiwibank admits advertising liable to mislead
13 February 2003
In a settlement with the Commerce Commission, Kiwibank Limited has admitted that an advertising campaign it ran in September and October last year promoting 'cheaper home loans guaranteed' was liable to mislead consumers.Relates to: Fair Trading
Pyramid scheme to refund members $300,000
12 February 2003
The High Court has ordered that money collected from the membership fees of Alpha Club New Zealand Limited be redistributed to some members after deeming the scheme to be pyramid selling in breach of section 24 of the Fair Trading Act.Relates to: Fair Trading
Commerce Act: Update on process and timing for Pohokura gas authorisation
12 February 2003
The Commerce Commission is intending to release its final determination on the application for authorisation regarding the Pohokura Gas field at the end of July.Relates to: Business Competition
Commerce Commission clears Gribbles Group to acquire Alpha Scientific
7 February 2003
The Commerce Commission has cleared Gribbles Group Limited to acquire the business and business assets of Alpha Scientific Limited.Relates to:
Programme confirmed for telecommunications conference
7 February 2003
The Commerce Commission has confirmed its programme for a four day conference 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.Relates to: Telecommunications
Commission agrees out of court settlement with British American Tobacco - includes brand divestment
5 February 2003
The Commerce Commission has settled out of court with British American Tobacco Holdings (New Zealand) Limited (BAT) for alleged breach of the former section 47 of the Commerce Act. The settlement includes divestment of certain international cigarette brands with an estimated net present value of $10 million, plus a contribution of $350,000 to the Commission's costs.Relates to: Business Competition
Commission clears Contact Energy Limited to acquire Taranaki Combined Cycle
4 February 2003
The Commerce Commission has approved an application from Contact Energy Limited (Contact), to acquire 100% of the shares in Stratford Power Limited, a 100% owned subsidiary of Natural Gas Holdings Corporation Limited (NGC), which owns Taranaki Combined Cycle thermal electricity generation plant (TCC).Relates to:
Commission clears Genesis Power Limited to acquire Taranaki Combined Cycle
4 February 2003
The Commerce Commission has approved an application from Genesis Power Limited (Genesis), to acquire 100% of the shares in Stratford Power Limited, a 100% owned subsidiary of Natural Gas Holdings Corporation Limited (NGC), which owns Taranaki Combined Cycle thermal electricity generation plant (TCC).Relates to:
January 2003
Electricity Lines Businesses: Commission releases draft decisions on implementation detail
31 January 2003
The Commerce Commission today released a paper setting out draft decisions on implementation detail for its regulatory regime for electricity lines businesses.Relates to: Electricity
Dairy Industry Restructuring Act: Commission releases draft determination on IDP dispute with Fonterra
30 January 2003
The Commerce Commission has reached a preliminary view that Fonterra Co-operative Group Limited (Fonterra) was required by the Dairy Industry Restructuring (Raw Milk) Regulations 2001 to supply Independent Dairy Producers Limited (IDP) with raw milk at the default milk price.Relates to:
Dairy Industry Restructuring Act: Commission releases draft determination relating to annualised share value
30 January 2003
The Commerce Commission today published its draft determination relating to setting the discount rate for calculating Fonterra Co-operative Group Limited's (Fonterra) annualised share value for the 2001-2002 season. This is a statutory requirement under the Dairy Industry Restructuring (Raw Milk) Regulations 2001.Relates to:
Meridian Energy to reimburse misled customers
30 January 2003
Meridian Energy Limited has admitted breaching the Fair Trading Act in a letter sent to customers notifying them of changes in tariffs, and has agreed, in a settlement with the Commerce Commission, to compensate affected customers. It will also make a public apology to both Network Tasman and its customers.Relates to: Fair Trading
