30 November 2009The Commerce Commission has today released its determination and decisions paper for the price-quality path which will apply to electricity distribution businesses from 1 April 2010. This marks the first determination published by the Commission under the Commerce Act's new Part 4 regime and announces significant decisions for electricity distribution businesses on price and quality.
27 November 2009A Supreme Court judgment issued today allows the Commerce Commission to proceed with a significant compensation claim against Carter Holt Harvey related to mis-graded timber. The Supreme Court has overturned a previous Court of Appeal ruling that the Commission had filed proceedings against Carter Holt Harvey outside of the limitation period allowed by the Fair Trading Act.
24 November 2009The Commerce Commission has issued a formal warning to two energy companies alleged to have attempted to engage in anti-competitive conduct during the purchase by tender of a power station near Nelson in 2002.
18 November 2009
Release no 50, Issued 18 November 2009
18 November 2009A fourth company involved in an Invercargill scheme which misled people into believing that they were buying their own homes has been convicted of eight charges of breaching the Fair Trading Act in a hearing in the Invercargill District Court today.
16 November 2009
The Commerce Commission has granted Mark Tume an exemption under the Electricity Industry Reform Act 1998 (EIR Act) in relation to his potential appointment to the board of Powerco, subject to certain conditions.
12 November 2009The Commerce Commission has released its report on telecommunications markets in New Zealand covering the first six months of 2009. The report also provides some more recent information about mobile prices in New Zealand following the launch of the 2degrees network in August.
12 November 2009Brownlie Brothers Limited trading as Simply Squeezed, a juice manufacturing and distribution company pleaded guilty to six charges of breaching the Fair Trading Act and was fined $45,000 in the District Court in Auckland today. An order for court costs and solicitors fees of $6,780 was also made by the Court in respect of the charges.
11 November 2009The Commerce Commission has today released a review of the asset management plans disclosed by electricity distribution businesses for the period beginning 1 April 2009. The Commission notes the continued progress made by many electricity distribution businesses toward achieving best practice in asset management planning.
10 November 2009The Commerce Commission has released its 2008/09 draft determinations on the:
6 November 2009The Commerce Commission is issuing proceedings alleging that three separate loyalty offers made by Telecom Corporation of New Zealand Limited's Wholesale business unit between December 2008 and July 2009 are likely to have breached its obligation not to discriminate between service providers under the Telecom Separation Undertakings.