April 2009
Update on Commerce Commission bank break fees investigation
30 April 2009
The Commerce Commission has completed the first part of its investigation into banks' break fees.Relates to: Fair Trading, Consumer Credit
Telecommunications market monitoring report for 2008 released by Commerce Commission
14 April 2009
The Commerce Commission has released its 2008 telecommunications monitoring report analysing the state of New Zealand telecommunications markets.Relates to: Telecommunications
Reasons published for clearance granted to Fletcher Building to acquire Stevenson masonry
3 April 2009
The Commerce Commission has published its reasons for granting clearance to Fletcher Building Limited to acquire up to 100 per cent of the assets of both Stevenson Group Limited's Whangarei masonry business and Stevenson's Auckland masonry business.Relates to: Business Competition
Arrangements to ensure continuity of telecommunications decisions at Commerce Commission
2 April 2009
Plans have been put in place at the Commerce Commission to ensure continuity of the large workload of telecommunications decisions, during a period of transition. The new Chair Dr Mark Berry has asked Paula Rebstock to remain in her role as a member of the Commission to complete a number of determinations pending in the telecommunications work.
Relates to: Telecommunications
Commerce Commission releases quarterly report on broadband quality
1 April 2009
The Epitiro/IDC report on New Zealand broadband quality for the December 2008 quarter has been released. The report examines the quality of broadband services provided by New Zealand's internet service providers (ISPs) as measured by Epitiro from central sites using the highest speed residential plans.Relates to: Telecommunications
Commerce Commission warns Schindler Lifts over alleged bid-rigging conspiracy
1 April 2009
The Commerce Commission has issued formal warnings to Schindler Lifts New Zealand Limited (Schindler) and one current and one former employee for participating in a longstanding cartel arrangement which shared elevator installation contracts in the South Island. The Commission alleges the cartel operated from the early 1980s until late 1995. The warning was issued following an admission from the Schindler manager concerned.Relates to: Business Competition
Commerce Commission releases draft guidelines for credit fees
1 April 2009
The Commerce Commission has today released draft guidelines which inform creditors and consumers about the Commission's approach to enforcing the fees provisions under the Credit Contracts and Consumer Finance Act. The Commission is consulting on the guidelines before they are finalised.Relates to: Consumer Credit
