October 2005
Eyes surgeons to pay $85,000 for breaching Commerce Act
28 October 2005
Four Palmerston North eye surgeons have admitted breaching the Commerce Act by fixing the prices to be paid for eye services, and have been ordered by the High Court in Wellington to pay a total of $85,000 in fines and costs.Relates to: Business Competition
Financial Options warned about buy-backs
27 October 2005
The Commerce Commission has warned Financial Options Group and its director Anton Keane that they may be breaching the Credit Contracts and Consumer Finance Act with house buy-back schemes in Auckland.Relates to: Consumer Credit
Commission releases Draft Guidelines on Estimating the Cost of Capital
27 October 2005
The Commerce Commission has published Draft Guidelines: The Commerce Commission's Approach to Estimating the Cost of Capital on its website.Relates to:
Commission reminds retailers: new means new
20 October 2005
The Commerce Commission is reminding retailers that they can't sell used goods or demonstration models as new.Relates to: Fair Trading
Electricity Lines Business Decision Papers released on website
17 October 2005
The Commerce Commission has published a Decision Paper on the Review of the Information Disclosure Regime and a Decision Paper on Valuation of the Regulatory Asset Base on its website.Relates to: Electricity
Commission targets consumer credit industry
14 October 2005
The Commerce Commission has visited fifty credit providers in Auckland, Wellington and Christchurch and come back with a mixed report card for the credit industry. The visits checked performance against the Credit Contracts and Consumer Finance Act, which came into force on 1 April 2005.Relates to: Consumer Credit
Fairfax cleared to acquire the Times Media Group
14 October 2005
The Commerce Commission has cleared Fairfax New Zealand Limited to acquire the Times Media Group Limited mastheads the Rodney Times, the Coaster and the Outlook and associated assets.Relates to:
Commission to issue second draft determination on Pohokura gas
14 October 2005
The Commerce Commission is to issue a second draft determination in relation to its consideration of whether to revoke or vary the Pohokura gas authorisation.Relates to: Business Competition
Essilor applies for two clearances
12 October 2005
The Commerce Commission has received two applications from Essilor New Zealand Limited. Essilor is seeking clearance to acquire all shares of Prolab (Wellington) Limited, and up to 100% of shares of Optical Laboratories NZ Limited.Relates to:
Telecom applies for clearance to acquire radio spectrum management rights
10 October 2005
The Commerce Commission has received an application from Telecom New Zealand Limited (Telecom) to acquire the radio spectrum management rights known as MED radio frequency auction No 5 lot 01 WLL 06, which apply to the range of 3,459MHz to 3,466MHz and 3,559MHz to 3,566MHz, from Counties Power Limited (CPL).Relates to:
Bluebird cleared to acquire the savoury snack business of Hansells
6 October 2005
The Commerce Commission has cleared Bluebird Foods Limited to acquire from Hansells (NZ) Limited all the assets and brands used by Hansells in the manufacture and wholesale supply of:Relates to:
Thousands to be compensated for Telecom Mobile clock fault
5 October 2005
The Commerce Commission has reached a settlement with Telecom Mobile Limited after a billing fault on the 027 network resulted in thousands of customers being charged peak rates for off-peak calls.Relates to: Fair Trading
