October 2015

Commission updates process for input methodologies review

30 October 2015

The Commerce Commission has today released a process update paper confirming the key topics and next steps for the input methodologies review.

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Statement of preliminary issues for Rheem to acquire Peter Cocks

28 October 2015

The Commerce Commission has published a statement of preliminary issues relating to an application from Rheem New Zealand Limited (Rheem) to acquire the business and assets of Peter Cocks (2010) Limited (Peter Cocks).

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Commission prosecutes business over unsafe Transforma Ladders

27 October 2015

Brand Developers Limited (BDL) has been fined $153,000 in Auckland District Court for charges relating to wrongly claiming that its Transforma ladders had a certified load rating of 180kg and for selling ladders in breach of an Unsafe Goods Notice prohibiting their sale.

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Commission releases draft decision on liability allocation for telecommunications providers

22 October 2015

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

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Tennex applies for clearance to acquire San-i-pak

21 October 2015

Tennex Capital Limited (Tennex) has applied to the Commerce Commission for clearance to acquire the medical and quarantine waste business of San-i-pak Limited (San-i-pak).

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

15 October 2015

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

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Rheem applies for clearance to acquire Peter Cocks

15 October 2015

Rheem New Zealand Limited (Rheem) has applied to the Commerce Commission for clearance to acquire the business and assets of Peter Cocks (2010) Limited (Peter Cocks).

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Cost of capital amendments no longer on fast track under IMs review

9 October 2015

The Commerce Commission has decided not to progress fast tracking potential changes concerning the cost of capital for customised price-quality paths (CPPs) as part of the input methodologies (IMs) review. Those changes will now be considered as part of the main review scheduled for completion in December 2016.

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Vocus seeks clearance to merge with M2

9 October 2015

The Commission has received an application from Vocus Communications Limited seeking clearance to acquire up to 100% of the shares and/or assets of M2 Group Limited.

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Manufacturing firm warned over anti-competitive roofing products agreement

7 October 2015

The Commerce Commission has issued a formal warning to manufacturing firm Consolidated Alloys (N.Z.) Limited (CA) over the inclusion of an anti-competitive clause in a negotiated settlement with roofing products competitor Edging Systems (NZ) Limited (ESL).

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Commerce Commission clears Beijer to acquire Realcold

7 October 2015

The Commission has given clearance for B100 Limited, a newly incorporated subsidiary of the Swedish refrigeration group Beijer Ref AB, to acquire the business and assets of Realcold Limited.

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Settlement payments completed in interest rate swaps case

7 October 2015

The Commerce Commission has completed administering the payment funds established by the settlements in the interest rate swaps investigations, with over $22 million now paid to complainants and rural charities.

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Loan shark targeting Chinese community fined and banned indefinitely

6 October 2015

Yuan Rong Yang, former owner of Sunway Finance Limited and money lender to Auckland’s Chinese community for at least 17 years, has been fined $22,500 and banned from lending indefinitely in Auckland District Court.

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Commerce Commission clears FedEx to acquire TNT

2 October 2015

The Commission has given clearance to FedEx to acquire all the shares in TNT.

Both FedEx and TNT are global companies active in the provision of logistics, freight and small package delivery services.

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Commission issues second draft determination on wool scouring assets application

1 October 2015

The Commerce Commission has released a second draft determination maintaining its preliminary view that it should allow Cavalier Wool Holdings (CWH) to acquire New Zealand Wool Services International's (NZWSI) wool scouring business and assets.

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