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August 2006

Godfrey Hirst cleared to acquire Feltex

31 August 2006

The Commerce Commission has cleared Godfrey Hirst NZ Limited (Godfrey Hirst) to acquire some or all of the assets of Feltex Carpets Limited (Feltex).

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IAG fined $127,000 over State Insurance windscreen repairs

31 August 2006

IAG, the largest motor vehicle insurer in New Zealand and the parent company of State Insurance and NZI, has pleaded guilty to 30 breaches of the Fair Trading Act and has been fined $127,000 in the District Court in Auckland.

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Commission recommends extension of regulated telecommunications services

29 August 2006

The Commission today released its final report on whether regulation of ten telecommunications services should be extended for two years.

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Car dealer fined for 'free' flight to Gold Coast promotion

29 August 2006

An Auckland car dealer who offered customers a "free" flight to the Gold Coast if they bought a car has pleaded guilty of breaching the Fair Trading Act.

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Verticon applies for clearance to acquire Boyd Cranes

25 August 2006

The Commerce Commission has received an application from Verticon Group Limited (Verticon) seeking clearance to acquire the assets and business of Boyd Crane Hire Limited.

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Lion Nathan cleared to acquire Independent Liquor

24 August 2006

The Commerce Commission has cleared Lion Nathan Limited to acquire up to 100% of the shares and/or assets of Independent Liquor (NZ) Limited.

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Australian pie maker warned about meat content

24 August 2006

Australian pie maker Mrs Mac's has been warned by the Commerce Commission after testing found its meat pies did not have as much meat in them as their packaging claimed.

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Mobile Market: Competition Issues

23 August 2006

On 10 May 2006, the Commerce Commission announced that it intended to examine the reasons for the lack of new entry into the mobile services market as a prelude to deciding whether or not to commence an investigation into possible changes to the regulatory framework. The Commission had expected to complete the initial phase within a few months and make an announcement by the end of August.

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Cartel company, executive fined for obstructing investigation

23 August 2006

Wood preservative chemicals company Osmose New Zealand and former Osmose Group General Manager Mark Greenacre have been fined for obstructing a Commerce Commission investigation.

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Review of 2005/06 electricity asset management plans

16 August 2006

The Commerce Commission has today released a summary report of its review of the 2005/06 asset management plans of electricity lines businesses.

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Hancock Natural Resource Group applies for clearance to acquire the forestry assets of Carter Holt Harvey

16 August 2006

The Commerce Commission has received an application from Hancock Natural Resource Group, Inc. seeking clearance to acquire the shares and/or assets of a number of Carter Holt Harvey Limited subsidiaries that hold forestry assets.

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Commission process takes account of investment incentives

15 August 2006

"The public can be assured that providing for appropriate investment is a key part of the regulatory regime enforced by the Commerce Commission," Commerce Commission Chair Paula Rebstock said today.

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First ever Cease and Desist Order issued against Northport

14 August 2006

Cease and Desist Commissioner Terence Stapleton has issued the first Cease and Desist Order to be made under the Commerce Act. The Commerce Commission sought the order against port owner Northport Limited for activities at Marsden Point port in Whangarei. Northport has consented to the order.

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Real estate agent should have told buyers about apartment building planned for next door: Commission

11 August 2006

A Hamilton real estate agent who sold a property described as "out of the hustle and bustle" should have told buyers that an apartment complex was going to be built next door, the Commerce Commission said in a formal warning today.

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Intention to declare control of Vector Limited published

9 August 2006

The Commerce Commission has published its intention to declare control of the electricity distribution services supplied by Vector Limited.

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Commission warns public about domain registration invoices

8 August 2006

The Commerce Commission is warning New Zealand businesses about a mass mail-out by an Australian-based business trading as NZ Domain Registration Ltd.

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Trans-Tasman merger protocol agreed

7 August 2006

The New Zealand Commerce Commission and the Australian Competition and Consumer Commission have agreed to a Cooperation Protocol for Merger Review.

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Godfrey Hirst applies for clearance to acquire Feltex

4 August 2006

The Commerce Commission has received an application from Godfrey Hirst NZ Limited seeking clearance to acquire some or all of the assets of Feltex Carpets Limited.

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Publishing schedule agreed by Commission

3 August 2006

The Commerce Commission and an Auckland publisher have agreed to a publishing and delivery schedule that will see customers receive the books they have paid for.

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Commission releases copper loop spectrum management report

2 August 2006

The Commerce Commission has released a report from an independent consultant on the management of interference on the copper loop. The report, Local Loop Spectrum Management[sitetree_link id=3012], focuses on copper loop broadband internet services.

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