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March 2013

Businesses urged to take care with Holidays Act surcharges over Easter

27 March 2013

Businesses that open for trading over Easter, such as cafes and bars, must not mislead their customers about their reason for a surcharge.

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Commerce Commission seeks more information on interest rate swaps

27 March 2013

The Commerce Commission is seeking more information from farmers and others who entered into a financial derivative product known as interest rate swaps.

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Commerce Commission clears merger of Penguin and Random House book publishers

19 March 2013

The Commerce Commission has cleared Bertelsmann SE & Co. KGaA (owner of Random House) and Pearson plc (owner of Penguin) to form a new jointly-owned company - Penguin Random House- which will acquire the consumer book publishing businesses of the two companies. Consumer books exclude text books and technical books.

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Great news in the post for investors in failed investment product Credit SaILs

19 March 2013

Thousands of investors who lost millions of dollars when the financial product Credit SaILS failed in the global financial crisis will receive some welcome news in the post around Easter.

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Baxter International seeks clearance to acquire Gambro AB

15 March 2013

The Commerce Commission has received an application from Baxter International Inc. seeking clearance to acquire Gambro Pty Ltd. The application relates to a global merger.

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Suppliers providing telecommunications services must check liability for Telecommunications Development Levy

13 March 2013

The Commerce Commission reminds those who deliver telecommunications services to check whether they are liable to contribute to the 2012/13 Telecommunications Development Levy.

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Commission consulting on business competition guidelines

8 March 2013

The Commerce Commission is consulting on new draft guidelines that outline the Commission’s approach to assessing clearance and authorisation applications.

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Lessons for finance sector from Commerce Commission investigation into Credit SaILS

7 March 2013

The Commerce Commission is advising the finance sector to take note of the lessons to be learned from its investigation into the marketing and sale of the failed investment product Credit SaILS.

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