Media Releases

Air New Zealand final airline to settle with Commerce Commission in air cargo case

Thu, 13 Jun 2013 00:00:00 +1200

The High Court has approved a settlement under which Air New Zealand will pay a $7.5 million penalty for price-fixing in breach of the Commerce Act. The company is the last airline to settle with the Commerce Commission in its long-running air cargo cartel case.

Joint statement from Commerce Commission and Air New Zealand on air cargo case

Wed, 05 Jun 2013 00:00:00 +1200

Air New Zealand has withdrawn its proceeding challenging the Settlement Agreement in the Air Cargo proceeding and will pay costs to the Commission in relation to the settlement of this dispute.

Taranaki flooring company warned over attempts to fix prices

Tue, 28 May 2013 00:00:00 +1200

The Commerce Commission has issued a formal warning to flooring company Ansell Flooring Limited for attempting to fix prices for sanding and polishing services in the Taranaki region.

Shill bidding costs car company more than $165,000

Thu, 23 May 2013 00:00:00 +1200

An Auckland-based car company has been sentenced today in the Auckland District Court on 13 charges under the Fair Trading Act. The Auto Co (Millenium) Ltd has been fined $42,000 plus court costs of $1727.57 after pleading guilty to misleading consumers about the price of vehicles auctioned on Trade Me. The fine is on top of over $122,000 already paid in compensation to affected consumers and related costs.

SkyCity Entertainment seeks clearance to acquire Otago Casinos

Tue, 21 May 2013 00:00:00 +1200

The Commerce Commission has received an application from SkyCity Entertainment Group Limited (SkyCity) seeking clearance to acquire 100% of the shares in Otago Casinos Limited.

Commission identifies companies liable for $50 million telecommunications levy

Mon, 20 May 2013 00:00:00 +1200

The Commerce Commission today released its draft determination of the amounts telcos will pay towards the $50 million Telecommunications Development Levy for 2011/12.

Canterbury power consumers’ opinions sought on proposed increase in prices

Wed, 01 May 2013 00:00:00 +1200

The Commerce Commission is seeking the views of Canterbury consumers on an application by the lines company Orion to increase its electricity prices as it rebuilds its network following the earthquakes. Orion is also seeking to recover lost revenue and extra costs incurred as a result of the quakes.

Commission issues draft report on Auckland International Airport

Tue, 30 Apr 2013 00:00:00 +1200

The Commerce Commission has today released its draft of a report to the Ministers of Commerce and Transport on the effectiveness of the information disclosure regulatory regime under Part 4 of the Commerce Act in relation to Auckland International Airport.

Commerce Commission clears Vector to acquire Contact gas metering business

Mon, 29 Apr 2013 00:00:00 +1200

The Commerce Commission has cleared Vector Limited to acquire Contact Energy Limited’s natural gas metering business.

Demand for mobile data doubles for second year in a row says telco report

Mon, 29 Apr 2013 00:00:00 +1200

The Commerce Commission today released its 2012 telecommunications annual monitoring report analysing the state of New Zealand’s telecommunications markets.