December 2004
Tis the season for scams - Commission bah humbugs chain letters, horse-betting, lottery schemes and text hoaxes
23 December 2004
The Commerce Commission is warning consumers to be wary of offers that seem too good to be true - because they probably are.
Relates to: Fair Trading
Electricity Lines Businesses - Commission initiates review of information disclosure regime
23 December 2004
The Commerce Commission is tomorrow issuing a discussion paper to seek feedback from interested parties on the objectives, principles and implementation of its information disclosure regime for electricity lines businesses. This work is part of the Commission's development of a regulatory regime for lines businesses, as required by Part 4A of the Commerce Act.
Relates to: Electricity
Telecommunications Act - ihug withdraws application
23 December 2004
ihug Limited has withdrawn its application to the Commerce Commission for regulated access to bitstream under the Telecommunications Act 2001. Telecom and ihug have agreed terms for access to Telecom's commercial bitstream service.
Relates to: Telecommunications
Commerce Commission clears Carter Holt Harvey to acquire certain wood processing assets of Tenon
21 December 2004
The Commerce Commission has cleared Carter Holt Harvey Limited to acquire certain structural and wood processing business assets of Tenon Limited, including its Kawerau sawmill and remanufacturing plant, Rainbow Mountain Sawmill, Ramsey Roundwood, and Mount Maunganui Plywood.
Relates to: Business Competition
Saatchi & Saatchi convicted for misleading advertising
17 December 2004
Saatchi & Saatchi Limited was fined $6,000 in the Wellington District Court today, after pleading guilty to breaching the Fair Trading Act in relation to an advertisement prepared for Telecom New Zealand Limited promoting a Telecom homeline/Sky TV package. The advertisement appeared in The Evening Post and The Press newspapers on 5 February 2002.
Relates to: Fair Trading
$15,000 fines for 'Trade Register' company and director
15 December 2004
A company that targeted over 17,500 tradespeople throughout New Zealand inviting them to sign up to the New Zealand Trade Register, has been fined $10,500 plus $910 costs for making misleading claims under the Fair Trading Act. Its sole director, Gary John Solah has also been fined $4,500 plus $3260 costs.
Relates to: Fair Trading
Commission clears Fonterra to acquire National Foods
10 December 2004
The Commerce Commission has cleared Fonterra Co-operative Group Limited to acquire up to 100 percent of the shares in National Foods Limited.
Relates to: Business Competition
Commission clears Vector to acquire NGC and grants EIR Act exemption
10 December 2004
The Commerce Commission has granted Vector Limited clearance to acquire up to 100 percent of the shares of NGC Holdings Limited.
Relates to: Business Competition, Electricity
Vegetarian sausage manufacturer pleads guilty to Fair Trading Act breach
10 December 2004
Auckland-based vegetarian small goods manufacturer Bean Supreme Limited has pleaded guilty to breaching the Fair Trading Act and been fined $4,250 plus costs for representing vegetarian sausages as 'GMO Free' and 'Non GM' when they contained traces of GM soy.
Relates to: Fair Trading
Commerce Commission launches its new website: www.comcom.govt.nz
9 December 2004
The Commerce Commission has this week relaunched its website at www.comcom.govt.nz following an extensive redesign and upgrade of its existing site.
Relates to:
Commission releases draft determination on number portability cost allocation
6 December 2004
The Commerce Commission today released a draft determination dealing with the allocation of costs for the provision of local and cellular telephone number portability among the telecommunications industry.Relates to: Telecommunications
Commerce Commission to investigate TelstraClear application for resale of virtual private network services
3 December 2004
The Commerce Commission has announced it will investigate an application from TelstraClear for a determination of the terms for the wholesaling of business services offered by Telecom New Zealand Limited.
Relates to: Telecommunications
Gas Control Inquiry: Commission recommends direct control of Powerco and Vector
2 December 2004
In its gas control inquiry report, released by the Minister of Energy today, the Commerce Commission recommends that direct control under Part V of the Commerce Act should be imposed on gas distribution companies Vector Limited and Powerco Limited.
Relates to: Gas Pipelines
