May 2008
Commerce Commission accepts settlement proposal from Vector
30 May 2008
The Commerce Commission today announced its acceptance of the settlement proposal put forward by Vector as an alternative to regulatory control being imposed in respect of its electricity distribution business.
Relates to: Electricity
Refunds for consumers who bought bogus "weight loss" pills
28 May 2008
Consumers who bought Celluslim, a product that claimed to "melt away fat and cellulite", are finally able to receive refunds.
Relates to: Fair Trading
Commerce Commission releases Revised Draft TSO cost calculation for 2005/06
26 May 2008
The Commerce Commission today released a revised draft telecommunication service obligations (TSO) determination for 2005/06. The initial 2005/06 draft TSO, released in July 2007, had been assessed at $78.2 million. The revised draft TSO cost is $64.6 million.
Relates to: Telecommunications
Greater certainty for regulated businesses
23 May 2008
The Commerce Commission has launched a significant new project to create a series of regulatory guidelines and principles that will apply to the regulated businesses in the electricity and gas sectors.Relates to: Business Competition
Commission making enquiries into dairy pricing
22 May 2008
The Commerce Commission has received a number of complaints about pricing in the dairy retail sector.
Relates to: Dairy Industry
Tegel Foods Limited applies for clearance to acquire a group of companies collectively known as Brinks
22 May 2008
The Commerce Commission has received an application from Tegel Foods Limited (Tegel) to acquire the assets of the poultry businesses of P H Van den Brinks Limited, VDB Industries Limited, Brinks South Island Limited, Southland VDB Limited, and BAT Promotions Limited, known as Brinks.
Relates to: Business Competition
Commerce Commission appoints new CEO
21 May 2008
The Commerce Commission is pleased to announce the appointment of a new Chief Executive.
Relates to:
Next Generation Network study terms of reference announced
20 May 2008
Telecommunications Commissioner Dr Ross Patterson has released the final terms of reference for the Commerce Commission's study into Next Generation Networks (NGN). The terms of reference outline the aims and scope of the study, as well as giving an indicative timeframe.
Relates to: Telecommunications
Commerce Commission appeals 0867 High Court judgment
19 May 2008
The Commerce Commission will appeal a judgment by the High Court in Auckland in the long-running case against Telecom Corporation of New Zealand Limited (Telecom).
Relates to: Business Competition
Commerce Commission warns property company
16 May 2008
A Wellington property investment company and one of its directors have been warned by the Commerce Commission for making a misleading representation about a property they were selling.
Relates to: Fair Trading
Redeal applies for clearance to acquire Egley Electrical
16 May 2008
The Commerce Commission has received an application from Redeal Limited seeking clearance to acquire the assets and business of Egley Electrical Co Limited and Egley Electrical Petone Limited.
Relates to: Business Competition
Placemakers admits breaching Fair Trading Act over incorrect timber labels
15 May 2008
The Commerce Commission has reached a settlement with Fletcher Distribution Limited, trading as Placemakers, regarding the incorrect in-store description, labelling and supply of a treated timber framing product, TimberSaver.
Relates to: Fair Trading
Flint Group Holdings S.A.R.L. cleared to acquire Siegwerk New Zealand Limited
14 May 2008
The Commerce Commission has cleared Flint Group Holdings S.A.R.L. (Flint Holdings) to acquire, directly or indirectly, up to 100% of the assets of the business of Siegwerk New Zealand Limited (Siegwerk).
Relates to: Business Competition
Telecommunications Act: Commerce Commission releases Revised Draft Telecom TSO cost calculation for 2004/05
13 May 2008
The Commerce Commission today released a revised draft telecommunication service obligations (TSO) determination for 2004/05. The initial 2004/05 draft TSO, released in July 2007, had been assessed at $71.4 million. The revised draft TSO cost has been reduced to $57.3 million.Relates to: Telecommunications
Commerce Commission accepts Transpower's administrative settlement offer
13 May 2008
The Commerce Commission has announced today its decision to accept Transpower's administrative settlement offer instead of placing Transpower's transmission services under regulatory control.
Relates to: Electricity
False information costs Christchurch car company
13 May 2008
A Christchurch motor vehicle dealer has pleaded guilty to providing a buyer with incorrect information, in falsely describing it as not damaged when it was imported.
Relates to: Fair Trading
TradeMe community works with Commerce Commission to ensure cot safety
2 May 2008
The Commerce Commission is praising the actions of the TradeMe community after an investigation into children's cots being offered for sale via an online auction.Relates to: Fair Trading
Supermarket fined for offering prize after competition had closed
1 May 2008
One of New Zealand's largest supermarket companies has been found guilty of breaching the Fair Trading Act by offering the opportunity to enter into a prize draw to win a holiday, months after the competition had closed. The company has been fined $17,000 in the Manukau District Court yesterday.
Relates to: Fair Trading
