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April 2017

Commerce Commission wins appeal in Budget Loans case

18 April 2017

The Commerce Commission has won its appeal against a District Court decision to dismiss 19 charges against two finance companies.

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Bunnies, chocolate eggs, hot cross buns… and surcharges

13 April 2017

With the Easter holiday upon us, the Commerce Commission is again reminding businesses that if they apply a surcharge it must be clearly and accurately disclosed to customers.

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Guilty pleas in Commission’s 12th mobile trader prosecution

13 April 2017

Truck shop operator Budget Warehouse Limited (Budget Warehouse) has pleaded guilty to 18 charges relating to its customer credit contract documents.

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Commission invites discussion on related party transactions

12 April 2017

The Commerce Commission is considering how transactions between energy networks and related businesses should be regulated and has today released a paper seeking feedback on how it should approach this topic.

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Property Brokers Manawatu and director fined $1.5m in price fixing case

10 April 2017

Property Brokers Limited and its director Tim Mordaunt have been ordered to pay penalties totalling $1.5 million in a judgment today of the High Court, following a hearing in March.

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Tax refund season – what consumers and tax agents need to know

7 April 2017

With the end of the financial year upon us, consumers may find a tax agent at their door or on the phone.

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March 2017

Statement of Preliminary Issues released for Spark / TeamTalk merger

31 March 2017

The Commerce Commission has published a Statement of Preliminary Issues relating to Spark New Zealand Trading Limited’s proposed acquisition of TeamTalk Limited.

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Further extension to NZME/Fairfax merger

29 March 2017

On Wednesday 22 March the Commission received a lengthy submission from NZME and Fairfax providing further analysis and expert evidence in support of its merger authorisation application.

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Spark seeks clearance to acquire TeamTalk

20 March 2017

The Commerce Commission has received a clearance application from Spark New Zealand Trading Limited (Spark) to, either directly or indirectly, acquire up to 100% of the shares of TeamTalk Limited.

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Commission reaches preliminary view to authorise Nelson and Tasman Councils’ joint landfill application

17 March 2017

The Commerce Commission has reached a preliminary view that, subject to a condition, it should allow the Nelson City Council and the Tasman District Council to form a business unit to jointly operate the two landfills in the Nelson-Tasman region.

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Statement of Preliminary Issues released for Vero / Tower

16 March 2017

The Commerce Commission has published a Statement of Preliminary Issues relating to the proposed acquisition of Tower by Vero.

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Chorus network capacity to continue to grow to meet customer need

14 March 2017

The Commerce Commission has today released the final decision in its review of the non‑price features of the Unbundled Bitstream Access (UBA) service.

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Misleading Christmas deal results in $145k fine for mobile trader

14 March 2017

Mobile trader Sales Concepts Limited has been fined $145,000 in the North Shore District Court after pleading guilty to 10 charges under the Fair Trading Act 1986 relating to its ‘Christmas Deal Bundles’.

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Commission issues warning over chicken size representations

7 March 2017

Poultry producers Inghams Enterprises (NZ) PTY Limited (Inghams) and Tegel Foods Limited (Tegel) have been issued with warnings by the Commerce Commission over packaging representations about the size of chickens.

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Rapid Loans to refund over $1 million in unreasonable fees

7 March 2017

Internet-based lender Rapid Loans NZ Limited has agreed to compensate borrowers approximately $1.4 million following a Commerce Commission investigation into unreasonable fees.

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Vero seeks clearance to acquire Tower

3 March 2017

The Commerce Commission has received a clearance application from Vero Insurance New Zealand Limited to acquire up to 100% of the shares in Tower Limited.

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First jail sentence in Commerce Commission case

3 March 2017

Vikram Mehta, owner of mobile trader Flexi Buy Limited (Flexi Buy), has today been sentenced in the Auckland District Court to two years imprisonment after taking money from customers without intending to supply goods as promised.

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Commission declines clearance for sprinkler inspection services merger

3 March 2017

The Commerce Commission has declined to grant clearance for Aon New Zealand to acquire the fire sprinkler and alarm inspection business of Fire Protection Inspection Services Limited.

 

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February 2017

Commission declines clearance for Vodafone/Sky merger

23 February 2017

The Commerce Commission has declined to grant clearance for the proposed merger of Sky Network Television and Vodafone New Zealand.

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Judge criticises mobile trader for targeting the vulnerable

22 February 2017

Mobile trader Bestdeals 4 You Limited (Bestdeals) has been fined $47,250 in the Auckland District Court for failing to disclose key consumer information about its credit contracts and layby sales agreements.

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Commission proposes revenues and quality standards for gas pipeline services

10 February 2017

The Commerce Commission has released its draft decisions on the default price-quality paths (DPP) for gas pipeline services. These paths set the revenues and minimum quality standards that four gas distributors and one gas transmission business must comply with for the 5-year regulatory period beginning 1 October 2017.

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Bike Barn fined $800k for misleading pricing

10 February 2017

Bike Retail Group Limited and Bikes International Limited, the joint operators of Bike Barn in New Zealand, have today been fined $800,000 in the Auckland District Court.

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Commission confirms charges filed against Bunnings for misleading advertising

8 February 2017

The Commerce Commission has filed 45 charges in Auckland District Court against Bunnings (NZ) Limited alleging it misled consumers by advertising the prices of its goods as being the lowest in the market.

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Commission files charges against Auckland mobile trader, Appenture Marketing

8 February 2017

The Commerce Commission has filed 24 charges against Appenture Marketing Ltd for failing to provide consumers with key contract information and for making false and misleading representations to consumers about their rights.

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$1m penalty for misleading Nurofen specific pain range claims

3 February 2017

Reckitt Benckiser (New Zealand) Limited (RBNZ) has been fined $1.08 million today in the Auckland District Court for 10 charges relating to its Nurofen specific pain range products. The products include Nurofen Migraine Pain, Nurofen Tension Headache, Nurofen Period Pain and Nurofen Back Pain.

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January 2017

Mobile trader pleads guilty to disclosure failures in contracts

25 January 2017

Mobile trader Best Buy Limited (Best Buy) has pled guilty to 16 charges relating to the operation of its door-to-door sales business in Auckland and smaller North Island towns.

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Baby City sentenced for two non-compliant cots

20 January 2017

Baby City Retail Investments Limited (Baby City) has been fined $39,000 in the Auckland District Court for six charges relating to selling cots which failed to comply with the packaging and labelling requirements of the safety standard for household cots (Safety Standard).

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