June 2007
Reasons published for decline of Transpacific's acquisition
29 June 2007
The Commerce Commission has published its reasons for declining to grant clearance for Transpacific Industries to acquire the South Island assets and businesses of EnviroWaste Services and up to 50% of the shares in Manawatu Waste.Relates to: Business Competition
Christchurch retailer fined over unsafe wooden toys
21 June 2007
A retailer has been fined $12,000 over unsafe wooden toys sold by Notty Horse Wooden Toys in Christchurch's South City Mall. He was also required to pay $1,150 in costs to the Commission.Relates to: Fair Trading
Promoter fined over 'free' flights to Gold Coast
20 June 2007
A man who promoted 'free' flights deals to businesses has been fined $6,000 on a representative charge of breaching the Fair Trading Act.Relates to: Fair Trading
Next step underway for local loop backhaul and bitstream backhaul services
19 June 2007
The Commerce Commission today issued notices requiring Telecom to submit standard terms proposals for the two backhaul services necessary to support local loop (LLU) and bitstream access.Relates to: Telecommunications
Leather furniture trader fined over 'sale' that wasn't
19 June 2007
An Auckland leather furniture company has been fined a total of $36,000 over misleading claims about the 'sale' price of furniture.Relates to: Fair Trading
Commission receives proposals from Telecom for Unbundled Local Loop and Co-location services
15 June 2007
The Commerce Commission has received proposals from Telecom covering the non-price terms for the unbundled local loop and co-location regulated services.Relates to: Telecommunications
ASB to pay $4.1 million over credit card fees
15 June 2007
ASB is the sixth major bank to plead guilty to breaching the Fair Trading Act by failing to properly disclose currency conversion fees paid by its credit card and debit card customers from March 2002 to March 2005. Customers paid fees of up to 2.35% of the total transaction.Relates to: Fair Trading
'Tender' car sales were not exempt from consumer law
11 June 2007
New Lynn company Park 2 Sell has been fined $15,000 for telling customers they weren't protected by the law because they had bought their car on a "tender" basis.Relates to: Fair Trading
Commission Sticks to Timeframe for Unbundled Local Loop
8 June 2007
The Commerce Commission has reaffirmed its current timetable to develop regulated unbundled local loop and co-location services. On Tuesday (5 June) Telecom requested a delay in the timeframe to provide its first standard terms proposals due on 12 June. After considering Telecom's request, the Commission has decided to stick to the timeframe that it notified to Telecom on 3 April.Relates to: Telecommunications
$272,500 penalty for deceptive claims about Probitas fertiliser
1 June 2007
A fertiliser sold under the brand name Probitas did not offer the benefits claimed. The company Probitas Ltd has been fined $200,000 and man who sold it $60,000, in the Tauranga District Court for misleading the public. They have also been ordered to pay $12,499 in costs.Relates to: Fair Trading
