June 2010
Reasons for price increases must not be misrepresented
30 June 2010
The Commerce Commission is reminding businesses of their obligation under the Fair Trading Act not to mislead consumers about the reasons for price increases.
Relates to: Fair Trading
Commerce Commission releases draft decisions on individual price-quality path for Transpower
28 June 2010
The Commerce Commission has today released its draft decisions and reasons on the application of individual price-quality regulation to Transpower. It complements a paper published on Friday 25 June 2010, setting out the Commission's draft decisions and reasons on the input methodologies to be applied to Transpower.
Relates to: Pan Industry Projects, Electricity
Tomarata Sand granted clearance to acquire Coastal Resources
25 June 2010
The Commerce Commission has granted clearance to Tomarata Sand Limited to acquire the assets and business of Coastal Resources Limited relating to sand mining operations at Tomarata in Northland.
Relates to: Business Competition
Commerce Commission releases draft decisions on Input Methodologies for Transpower
25 June 2010
The Commerce Commission has today published the fourth in a series of papers important to the development of input methodologies for regulated industries under Part 4 of the Commerce Act.
Relates to: Pan Industry Projects, Electricity
Preformed Line Products granted clearance to buy Electropar
24 June 2010
The Commerce Commission has granted clearance for Preformed Line Products Company to acquire Electropar Limited.
Relates to: Business Competition
Commerce Commission commences competition review of UBA service
23 June 2010
The Commerce Commission today commenced a review to determine whether Telecom New Zealand Ltd faces limited competition in the provision of the unbundled bitstream access (UBA) service.
Relates to: Telecommunications
Scandinavian Tobacco applies for clearance to acquire Swedish Match
22 June 2010
The Commerce Commission has received an application from Scandinavian Tobacco Group seeking clearance to merge their New Zealand cigar and pipe tobacco business with Swedish Match.
Relates to: Business Competition
Commerce Commission settles with ANZ and ING over investment funds
22 June 2010
In its largest monetary settlement to date, the Commerce Commission has secured $45 million for thousands of New Zealanders who invested in two funds marketed by ING (NZ) Limited (ING) and ANZ National Bank Limited (ANZN). This settlement follows an investigation into alleged breaches of the Fair Trading Act relating to the marketing and promotion of the funds by ING and ANZN.
Relates to: Fair Trading
Commerce Commission releases draft decisions on Input Methodologies for gas pipeline businesses
21 June 2010
The Commerce Commission has today published the third in a series of papers important to the development of input methodologies for regulated industries under Part 4 of the Commerce Act.
Relates to: Pan Industry Projects, Gas Pipelines
AMP granted clearance to buy AXA's Australian and New Zealand businesses
21 June 2010
The Commerce Commission has granted clearance for AMP Limited to acquire the Australian and New Zealand operations of AXA Asia Pacific Holdings Limited.
Relates to: Business Competition
1300 broadband customers to get refunds following Commerce Commission investigation
18 June 2010
The Commerce Commission has reached a settlement with Telecom New Zealand Ltd (Telecom) under which Telecom will notify and refund approximately 1300 customers who may have been misled by a broadband promotion it conducted in 2008.
Relates to: Fair Trading, Telecommunications
Commerce Commission releases draft decisions on Input Methodologies for electricity distribution businesses
18 June 2010
The Commerce Commission has reached another significant milestone in the development of input methodologies for regulated industries under Part 4 of the Commerce Act. It has today released a paper setting out its draft decisions and reasons on the input methodologies to be applied to electricity distribution businesses (EDBs).
Relates to: Pan Industry Projects, Electricity
Commerce Commission recommends regulation of mobile termination access services
16 June 2010
In its reconsideration report issued today, the Commerce Commission has recommended under the Telecommunications Act that the Minister for Communications and Information Technology regulate mobile termination access services (MTAS), and not accept undertakings from Telecom and Vodafone.
Relates to: Telecommunications
Divestment guidelines released
4 June 2010
The Commerce Commission has today released guidelines on how it will consider divestment undertakings as part of an application for clearance for a business merger or acquisition.
Relates to: Business Competition
Car finance company fined for breaching consumer laws
1 June 2010
An Auckland-based car finance company has pleaded guilty to breaching the Credit Contracts and Consumer Finance Act (CCCF Act) and the Fair Trading Act in relation to car loan contracts. Dolbak Finance Limited has been fined a total of $2000 in the Auckland District Court yesterday.
Relates to: Fair Trading, Consumer Credit
