May 2013
Shill bidding costs car company more than $165,000
23 May 2013
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.
Relates to: Fair Trading
SkyCity Entertainment seeks clearance to acquire Otago Casinos
21 May 2013
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.
Relates to: Business Competition
Commission identifies companies liable for $50 million telecommunications levy
20 May 2013
The Commerce Commission today released its draft determination of the amounts telcos will pay towards the $50 million Telecommunications Development Levy for 2011/12.
Relates to: Telecommunications
Canterbury power consumers’ opinions sought on proposed increase in prices
1 May 2013
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.
Relates to: Electricity
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