December 2015

Coty seeks clearance to acquire certain fragrance and cosmetics business of Procter and Gamble

23 December 2015

The Commerce Commission has received an application from Coty Inc. seeking clearance to acquire a significant part of the global hair care, colouring and styling, colour cosmetics and fragrance businesses of the Procter and Gamble Company.

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Commission reaches agreement to repackage Nurofen specific pain range

23 December 2015

The Commerce Commission has reached an agreement with Reckitt Benckiser (New Zealand) Limited under which the pharmaceutical company will stop New Zealand sales of its Nurofen specific pain range products in their current packaging by March 2016

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Commerce Commission stops mobile trader and secures refunds for customers

22 December 2015

The Commission has accepted an enforceable undertaking from mobile trader Sales Concepts Limited (Sales Concepts).

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Livestock companies fined over $3 million in price fixing case

22 December 2015

PGG Wrightson and Rural Livestock have been fined $2.7 million and $475,000 respectively in separate penalty hearings in the Auckland High Court for price fixing in connection with the introduction of the National Animal Identification Tracing Act 2012 (NAIT Act). PGG Wrightson has also agreed to pay $50,000 towards the Commission’s investigation costs.

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Spark seeks clearance to acquire radio spectrum

21 December 2015

The Commerce Commission has received an application from Spark New Zealand Trading Limited (Spark) seeking clearance to acquire the management rights to 70MHz of radio spectrum in the 2300MHz band from Craig Wireless Spectrum Operations Limited (Craig NZ) and Woosh Wireless Holdings Limited (Woosh NZ).

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Decision date extension for Z Energy’s application to acquire Chevron NZ

18 December 2015

On 1 July 2015, Z Energy Limited (Z Energy) registered an application with the Commerce Commission seeking clearance to acquire 100% of the shares in Chevron New Zealand (Chevron), the owner of the Caltex brand in New Zealand.

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Commission files court proceedings against real estate agencies

17 December 2015

The Commerce Commission has filed proceedings in the Auckland High Court for alleged price fixing and anti-competitive behaviour by 13 national and regional real estate agencies, a company owned by a number of national real estate agencies, and 3 individuals.

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Commission releases investigation guidelines

17 December 2015

The Commerce Commission has released guidelines designed to help traders and consumers understand how it investigates competition and consumer matters.

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Commission releases final decision on wholesale broadband prices

15 December 2015

The Commerce Commission has today released its final decision setting the prices that Chorus can charge for use of its local copper lines and broadband service over the next five years. These are wholesale prices that Chorus charges retail telecommunications companies.

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Commission releases final report on Fonterra’s 2015/16 Milk Price Manual

15 December 2015

The Commerce Commission today released its final report on its statutory review of Fonterra’s Milk Price Manual for the 2015/16 dairy season.

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Auckland money lender found guilty and fined

14 December 2015

Unlicensed money lender, Sunway Finance Limited (Sunway), was fined $30,000 in Auckland District Court and all of its loan contracts were extinguished. As a consequence, debtors do not have to pay back any outstanding money under these loans.

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Commission urges Flexi Buy customers to come forward

14 December 2015

Customers of mobile trader Flexi Buy Limited, who purchased goods but never received them, are being asked to contact the Commerce Commission.

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Retailers reminded to avoid misleading consumers with exaggerated discounts

9 December 2015

The Commerce Commission is reminding retailers of their responsibilities as the holiday shopping season heats up.

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Final decision on liability allocation for telecommunications providers

9 December 2015

The Commerce Commission has released its final decision about how much 18 telecommunications providers will pay towards the $50 million Telecommunications Development Levy (TDL) for 2014/15.

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Commerce Commission clears merger of Vocus and M2

4 December 2015

The Commerce Commission has given clearance for Vocus Communications Limited (Vocus) to acquire up to 100% of the shares and/or assets in M2 Group Limited.

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Canterbury construction company charged over building guarantee

3 December 2015

The Commerce Commission has filed charges against construction business Flaxmill Limited (Flaxmill) and its director, Gerard James Thomson, in the Christchurch District Court.

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Waste oil firm fined $425k for attempted anti-competitive behaviour

3 December 2015

Enviro Waste Services Limited has been fined $425,000 in the Auckland High Court following a Commerce Commission investigation into attempted anti-competitive conduct in relation to the collection of waste oil in the upper South Island.

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Gas companies respond well to new disclosure requirements

2 December 2015

The Commerce Commission has welcomed the high level of compliance from gas pipeline companies in meeting new requirements to disclose how they are managing their assets.

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Commission concludes Christchurch auctioneer investigation

1 December 2015

McCormack and McKellar Auctioneers have been issued with a warning by the Commerce Commission after failing to disclose they owned a Tom Esplin painting they were auctioning.

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Yoghurt Story New Zealand and Frozen Yoghurt charged by Commission

1 December 2015

Yoghurt Story New Zealand Limited (Yoghurt Story) and Frozen Yoghurt Limited (Frozen Yoghurt) today appeared in Auckland District Court facing charges brought by the Commerce Commission.

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