August 2004
Electricity Lines Businesses: Commerce Commission issues ODV Handbook
30 August 2004
The Commerce Commission today issued its new Optimised Deprival Valuation (ODV) Handbook, which prescribes the methodology for valuing the system fixed assets of electricity lines businesses. This work is part of the Commission's development of a regulatory regime for lines businesses under Part 4A of the Commerce Act.
Relates to: Electricity
Commission clears ABF Overseas Limited to acquire New Zealand Food Industries Limited
27 August 2004
The Commerce Commission has cleared ABF Overseas Limited to acquire 100 percent of the shares of New Zealand Food Industries Limited, the New Zealand yeast business of Burns, Philp & Company Limited Group.
Relates to: Business Competition
Narva and Repco convicted for misleading cash back offer
27 August 2004
Narva New Zealand Limited and Repco Limited have pleaded guilty to breaching the Fair Trading Act in relation to a misleading Projecta battery charger cash back offer. The two cases were heard separately in the Auckland District Court with Narva fined $1,000 in June and Repco $5,000 yesterday.
Relates to: Fair Trading
Commission declines application by Gallagher Holdings to acquire Tru-Test Corporation
26 August 2004
The Commerce Commission has declined to grant clearance to Gallagher Holdings Limited to acquire 100 percent of the shares of Tru-Test Corporation Limited.
Relates to: Business Competition
Commission receives clearance application from iSOFT
25 August 2004
The Commerce Commission has received an application from iSOFT NZ Limited seeking clearance to acquire certain assets currently owned by Hewlett-Packard New Zealand, comprising five customer contracts for the provision of software support services, and associated goodwill and intellectual property rights in the HOMER and ORA*CARE software.
Relates to: Business Competition
Telecom clarifies its commercial bitstream service offer
25 August 2004
The Commerce Commission has received additional information from Telecom New Zealand Limited on the characteristics of its commercial bitstream service.
Relates to: Telecommunications
Commission warns traders and consumers to be wary of cash-back schemes
24 August 2004
The Commerce Commission is warning traders and consumers to be wary of cash-back schemes after receiving information that an Australian-based company, Cashback Australia Limited, is trying to get off the ground in New Zealand.
Relates to: Fair Trading
Electricity Distribution Businesses: Update on the Commission's Threshold Assessments
17 August 2004
Issued 17 August 2004Relates to: Electricity
Current UBS not the service recommended by the Commission
16 August 2004
The Commerce Commission is advising businesses that the Unbundled Bitstream Service (UBS) currently being offered commercially by Telecom New Zealand differs significantly from the regulated bitstream service, recommended by the Commission in its unbundling report to the Minister of Communications, and due to come into force shortly.
Relates to: Telecommunications
Commission reminds traders: Claims of 100% leave no room for ambiguity
12 August 2004
The Commerce Commission is reminding all traders that there is no room for ambiguity when making absolute claims about the composition of their products.
Relates to: Fair Trading
Further offences cost repeat Fair Trading Act offender Michael Knight over $28,000
10 August 2004
Repeat Fair Trading Act offender Michael Helsby Knight was fined $22,000 plus $6,430 costs in the Auckland District Court yesterday after pleading guilty to 12 charges of breaching the Fair Trading Act with respect to television and radio advertising production and placement company, One Connect Limited.
Relates to: Fair Trading
Commission releases draft benchmarking study on Unbundled Partial Circuits
5 August 2004
The Commerce Commission has today released a draft benchmarking report prepared by Covec Limited on Unbundled Partial Circuits (UPCs) for public consultation.
Relates to: Telecommunications
Commission receives clearance application from ABF Overseas Limited
5 August 2004
The Commerce Commission has received an application from ABF Overseas Limited seeking clearance to acquire 100 percent of the shares of New Zealand Food Industries Limited, the New Zealand yeast business of Burns, Philp & Company Limited Group, from Burns Philp.
Relates to: Business Competition