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December 2007

Standard terms determination processes initiated for the sub-loop related services

21 December 2007

The Commission has initiated standard terms determination (STD) processes for the following sub-loop related services:

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Standard terms process for co-location on cellular transmission sites

21 December 2007

The Commission has today launched a standard terms development process to determine the non-price elements of co-location of a mobile operators equipment on another operator's transmission site.

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Final TRS Determinations released

21 December 2007

The Commerce Commission has released its 2006/07 determinations on the:

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Commission closes investigation into Telecom

21 December 2007

The Commerce Commission has today closed its investigation into allegations that Telecom had squeezed the margins of its competitors, through bundling and a price discount, and affected their ability to compete, in breach of the Commerce Act 1986.

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Some "all day protection" sunscreens fail to live up to claims

20 December 2007

Commerce Commission test results obtained during an investigation into "all day protection" claims made for some sunscreen products have found that some live up to their claims, while others clearly do not.

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Oaks Hotels fined for 'grossly misleading' advertising campaign

20 December 2007

A hotel chain has pleaded guilty to eight charges of breaching the Fair Trading Act in a case that reinforces to businesses that advertising "conditions apply" is not sufficient to avoid misleading consumers where the main message of the advertising is misleading.

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Reasons for A & R Whitcoulls Cleared to Acquire Borders New Zealand

20 December 2007

The Commerce Commission has released its reasons for granting clearance to A & R Whitcoulls (ARW) to acquire 100 % of the shares in Borders New Zealand.

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Commission clarifies Number Portability Determination

20 December 2007

In a decision released today, the Commission has clarified the Local and Cellular Telephone Number Portability Determination issued 31 August 2005, to confirm that pre-paid mobile services are covered under the terms of the original Determination.

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Pacific Radiology cleared to acquire Wellington Radiology

20 December 2007

The Commerce Commission has cleared Pacific Radiology Limited to acquire all the assets of Wellington Radiology Limited.

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Voluntary admission saves Kiwibank and New Zealand Post from prosecution

19 December 2007

Kiwibank and New Zealand Post have reached a settlement with the Commerce Commission in relation to a breach of the Fair Trading Act 1986 over a failure to adequately disclose overseas currency conversion fees in on-line customer statements for Prezzy Card.

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Court grants interim stay on Warehouse judgment

19 December 2007

The High Court in Wellington has granted the Commerce Commission an interim stay of the High Court's judgment, which cleared the way for the three Foodstuffs co-operatives or Woolworths Ltd to acquire up to 100% shares in, or assets of, The Warehouse Group Ltd.

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Commission publishes discussion document on resetting thresholds for electricity distribution businesses from 2009

19 December 2007

*What:* The Commerce Commission has today released a discussion document concerning the reset of thresholds for electricity distribution businesses ("EDB"). It has been published as part of a consultative package including supporting research.

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Commerce Commission seeks to appeal Warehouse decision

18 December 2007

The Commerce Commission is seeking leave to appeal the High Court's decision which cleared the way for the three Foodstuffs co-operatives or Woolworths Ltd to acquire up to 100% shares in, or assets of, The Warehouse Group Ltd.

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Final report issued on the regulation of co-location services

14 December 2007

The Commerce Commission has issued its final recommendation to the Minister of Communications on the regulation of mobile co-location services on cellular transmission sites.

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Commerce Commission consults on Vector's proposed settlement offer to rebalance prices

14 December 2007

The Commerce Commission is seeking the views of interested parties on the voluntary offer put forward by Vector as an alternative to regulatory control being imposed.

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Air Liquide New Zealand Limited applies for clearance to acquire ASCOGAS Limited

14 December 2007

The Commerce Commission has received an application from Air Liquide New Zealand Limited (Air Liquide) seeking clearance to acquire 100 % of the shares in ASCOGAS Limited (ASCOGAS).

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Final determinations for unbundled bitstream access

13 December 2007

The Commerce Commission has issued its final determination on the price and non-price terms on which Telecom must make the unbundled bitstream access (UBA) service available to other telecommunications providers.

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'Buyer enquiry' over should not mislead

12 December 2007

The Commerce Commission says real estate agents need to heed the warning contained in a recent court case relating to pricing practices to avoid breaching the Fair Trading Act.

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West Auckland pawn broker ordered to repay loan customers

10 December 2007

Loan customers described by a Judge as some of the "more vulnerable and desperate members of society" are to get a partial refund from a pawn broker after a successful prosecution by the Commerce Commission.

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Second convictions for false and misleading claims about Probitas fertiliser

7 December 2007

A Waihi-based company that makes a fertiliser product has been convicted and fined for a second time for making misleading claims under the Fair Trading Act.

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Commission releases September quarterly report on telecommunications markets

5 December 2007

The Commerce Commission has released its September quarterly monitoring report containing key statistics about telecommunications markets in New Zealand and overseas.

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November 2007

Hill & Stewart guilty of 14 charges under Fair Trading Act

30 November 2007

An appliance retailer has been found guilty of charges under the Fair Trading Act 1986 for making claims that prices were interest free when in fact the prices were more expensive than the cash prices.

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The Warehouse High Court decision

29 November 2007

The Commerce Commission is disappointed by the High Court's decision allowing the appeals of the three Foodstuffs co-operatives and Woolworths Ltd against the Commission's decision declining clearance for either party to acquire up to 100% shares in, or assets of, The Warehouse Group Ltd.

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Sumitomo Forestry applies for clearance to acquire Carter Holt Harvey MDF assets in Rangiora

28 November 2007

The Commerce Commission has received an application from Sumitomo Forestry Co Limited seeking clearance to acquire all of the medium density fibre board (MDF) assets and business operations of Carter Holt Harvey Limited (Building Supplies Division) situated in Rangiora.

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Court injunction granted against Discount Premium Holidays

28 November 2007

A group of companies that has been telemarketing discount travel memberships and vouchers has been ordered to stop breaching the Fair Trading Act, as a result of an injunction sought by the Commerce Commission.

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ALT TV settles with Commerce Commission over text and competitions

26 November 2007

ALT TV, an independently owned television station based in Auckland, has settled with the Commerce Commission and agreed that not disclosing the cost of text messages, and misleading viewers over the nature of a prize offered in a competition, may have contravened sections 11 and 17 of the Fair Trading Act.

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DFS Group Limited applies for clearance to acquire The Nuance Group

23 November 2007

The Commerce Commission has received an application from DFS Group Limited (DFS) seeking clearance to acquire 100 % of the shares in The Nuance Group (Nuance).

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Commerce Commission initiates legal action against alleged cartel

22 November 2007

The Commerce Commission has filed civil proceedings in the Auckland High Court against a New Zealand company, its Australian parent company and four executives for alleged cartel behaviour in the New Zealand corrugated fibre packaging industry.

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Credit card users get over $24m back

22 November 2007

A sentencing in the Auckland District Court today has brought to a close three years of action by the Commerce Commission to expose and seek redress for undisclosed and inadequately disclosed overseas transaction fees.

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Whitcoulls Cleared to Acquire Borders

21 November 2007

The Commerce Commission has cleared A&R Whitcoulls Group Holdings Pty Limited (Whitcoulls) to acquire 100 % of the shares in Borders New Zealand Limited (Borders).

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Discharge without conviction overturned

21 November 2007

The Commerce Commission has been successful in overturning the discharge without conviction of Naresh Shukla, Director of 230 Marua Limited, a leather furniture company.

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Cadmus and Provenco apply for clearance to merge

21 November 2007

The Commerce Commission has received an application from Cadmus Technology Limited and Provenco Group Limited seeking clearance for a merger transaction through which Cadmus and Provenco will amalgamate pursuant to Part XIII of the Companies Act 1993.

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Reasons for Transpacific Industries being cleared (with divestments) to acquire parts of EnviroWaste Services

21 November 2007

The Commerce Commission has released its reasons for granting clearance to Transpacific Industries to acquire certain South Island solid waste collection businesses of EnviroWaste Services. The clearance was given providing Transpacific Industries divests back to EnviroWaste:

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Commission selects Epitiro to monitor broadband quality

20 November 2007

The Commerce Commission announced today it had selected Epitiro Technologies Ltd to provide data to measure the quality of the broadband services being provided in New Zealand.

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Electricity Industry Reform Act: Commission grants exemption to Lloyd Morrison

19 November 2007

The Commerce Commission has granted Lloyd Morrison an exemption under the Electricity Industry Reform Act 1998 (the EIR Act) in relation to his potential appointment to the board of Auckland International Airport Limited (AIAL), an electricity lines business.

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Cavalier and Norman Ellison cleared to form joint venture

15 November 2007

The Commerce Commission has cleared Cavalier Corporation Limited and Norman Ellison Holdings Limited to form a joint venture company that will acquire the carpet businesses of Norman Ellison Holdings Limited and its subsidiaries.

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Court of Appeal confirms that NZ Bus acquisition of Mana Coach shares breached Commerce Act

15 November 2007

The Court of Appeal has upheld a High Court ruling that New Zealand Bus Limited (NZBL) breached section 47 of the Commerce Act, which prohibits business acquisitions that are likely to substantially lessen competition.

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Final determinations for unbundled local loop

7 November 2007

The Commerce Commission has issued its final determinations on the price and non-price terms on which Telecom must make unbundled copper local loop and co-location regulated services available to other telecommunications providers.

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Commission receives application for EIR Act exemption from Lloyd Morrison

2 November 2007

The Commerce Commission has received an application from Lloyd Morrison, seeking exemption from section 17 of the Electricity Industry Reform Act 1998 in relation to his nomination for a position of director of Auckland International Airport by Infratil.

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Commission receives application for EIR Act exemption from Babcock & Brown International Limited

2 November 2007

The Commerce Commission has received an application from Babcock & Brown International Pty Limited, seeking exemption from section 17 of the Electricity Industry Reform Act 1998 in relation to Powerco, Glenbrook Power Station and Te Rere Hau wind farm.

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Transpacific Industries cleared to acquire parts of EnviroWaste Services provided assets are divested

1 November 2007

The Commerce Commission has cleared Transpacific Industries to acquire the following business and assets of EnviroWaste Services:

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Electricity Industry Reform Act: Commission grants exemption to The Lines Company

1 November 2007

The Commerce Commission has granted The Lines Company Limited (TLC) a limited exemption under the Electricity Industry Reform Act 1998 (the EIR Act) in relation to its proposed involvement in the development of a hydro-generation plant, located on the Waikohu Stream near Gisborne.

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October 2007

Draft Determinations released

30 October 2007

The Commerce Commission has released its 2006/07 draft determinations on the:

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Geneva Finance refunds customers after Commerce Commission investigation

29 October 2007

Geneva Finance Limited has refunded $588,114 to over 900 customers, following an out-of-court settlement with the Commerce Commission.

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Pacific Radiology applies for clearance to acquire Wellington Radiology

19 October 2007

The Commerce Commission has received an application from Pacific Radiology Limited seeking clearance to acquire all the assets of Wellington Radiology Limited.

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Diners Club eighth to plead guilty over currency conversion fees

12 October 2007

Diners Club has become the eighth financial institution to plead guilty to breaching the Fair Trading Act by failing to properly disclose its currency conversion fees.

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Cavalier and Norman Ellison apply for clearance to form a joint venture

12 October 2007

The Commerce Commission has received an application from Cavalier Corporation Limited and Norman Ellison Holdings Limited seeking clearance for a proposal under which a new joint venture company (owned by the parties) will acquire the carpet business of Norman Ellison Holdings Limited and its subsidiaries, and Norman Ellison Shareholders will acquire shares in Cavalier.

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Commerce Commission consults on its draft decision to accept an administrative settlement offer from Transpower

5 October 2007

The Commerce Commission is proposing to accept an administrative settlement offer from Transpower, instead of placing Transpower's transmission services under regulatory control.

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Commerce Commission proposes further price reductions for controlled gas distribution businesses

4 October 2007

In its Draft Authorisation released today, the Commerce Commission is proposing to authorise prices for the supply of Powerco Limited and Vector Limited's gas distribution services which would represent reductions of 42% and 15%, respectively, if implemented.

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Schering-Plough cleared to acquire Organon BioSciences

4 October 2007

The Commerce Commission has cleared Schering-Plough Corporation to acquire 100 percent of the shares in, or assets of, Organon Biosciences N.V. The clearance is subject to the divestment undertaking dated 1 October 2007 provided by Schering-Plough Corporation to the Commission pursuant to section 69A of the Commerce Act 1986.

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Commission reports to Minister on Sprint's compliance with Service Quality Measures for Relay Service

2 October 2007

The Commerce Commission has reported to the Minister of Communications on Sprint International New Zealand Limited's performance in complying with the Telecommunications Service Obligations (TSO) Deed for Telecommunications Relay Services (TRS). This Deed sets out the service quality requirements for meeting the telephone communication needs of deaf, hearing impaired and speech impaired people. The Commission's report is for the period from 1 July 2006 to 30 June 2007.

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Electricity Industry Reform Act: Commission grants exemption to Vector

1 October 2007

The Commerce Commission has granted Vector Limited a limited exemption under the Electricity Industry Reform Act 1998 (the EIR Act) in relation to its proposed involvement in the development of the Te Rere Hau wind farm situated on the Tararua Ranges near Palmerston North.

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Review of 2006/07 electricity asset management plans

1 October 2007

The Commerce Commission has today released a summary report of its review of the 2006/07 asset management plans of electricity lines businesses.

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September 2007

Whitcoulls' parent company applies for clearance to acquire Borders

28 September 2007

The Commerce Commission has received an application from A&R Whitcoulls Group Holdings Pty Limited (ARW) seeking clearance to acquire 100% of the shares in Borders New Zealand Limited (Borders).

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Southern Cross and QE Health cleared to form a joint venture

28 September 2007

The Commerce Commission has cleared Southern Cross Health Trust and QE Hospital Limited to merge their respective private hospital operations in Rotorua.

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Conferences next step in telecommunication regulatory process

18 September 2007

The Commerce Commission will be holding a series of conferences in September and October to seek clarification on aspects of the submissions made on recent draft determinations and investigations.

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Companies warned over bacon and ham labelling

17 September 2007

The Commerce Commission has issued formal warnings to two companies as a result of its investigations into country of origin labelling for Kiwi Bacon and Premier Bacon and ham products.

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NZ Post and Salmat Cleared to Form Joint Venture

13 September 2007

The Commerce Commission has cleared New Zealand Post Limited (NZ Post) and Salmat International Pty Limited (Salmat) to merge their respective unaddressed mail delivery operations.

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Jewellery trader convicted and fined over misleading advertising

12 September 2007

In the Auckland District Court yesterday Carrerabenz Diamond Industries Limited pleaded guilty to breaching the Fair Trading Act after it misled customers over the valuation prices of its jewellery.

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Commission reports to Minister on Telecom's service obligations

10 September 2007

The Commission has advised the Minister of Communications that Telecom has complied with all its Telecommunications Service Obligations (TSO) quality measures for the 2006/07 financial year.

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Supreme Court affirms Commission's electricity threshold decisions

10 September 2007

The Supreme Court has dismissed a challenge by Unison Networks Limited to the Commerce Commission's thresholds for large electricity lines businesses. The Court found that the Commission acted lawfully in setting both initial and revised thresholds.

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Commission releases June quarterly report on telecommunications markets

7 September 2007

What: The Commission has released its June quarterly monitoring report containing key statistics about telecommunications markets in New Zealand and overseas. It is available on the Commission's website: www.comcom.govt.nz, under Telecommunications Market Reports.

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Seventh Bank to Plead Guilty - TSB to pay $471,000 over credit card fees

3 September 2007

TSB is the seventh major bank to plead guilty to breaching the Fair Trading Act by failing to properly disclose currency conversion fees paid by its credit card customers between 1 September 2002 and 19 December 2004. TSB customers paid fees of up to 1.75% of their total transactions that were not disclosed on their credit card statements.

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August 2007

Dell New Zealand admits breaches of Fair Trading Act

30 August 2007

In a settlement with the Commerce Commission, Dell New Zealand Limited has admitted breaching the Fair Trading Act in relation to a number of different representations made about its computers and computer monitors.

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Transpacific Technical Services (NZ) Limited cleared to acquire the solvents business of Medi-Chem Waste Services Limited

30 August 2007

The Commerce Commission has cleared Transpacific Technical Services (NZ) Limited (TTS), or a wholly-owned subsidiary of TTS, to acquire the assets and businesses of Medi-Chem Waste Services Limited (Medi-Chem) that relate to the treatment, recycling, and disposal of solvents.

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Commission issues draft determination for Unbundled Bitstream Access service

29 August 2007

The Commerce Commission has issued its draft determination on the price and non-price terms for access to Telecom's Unbundled Bitstream Access (UBA) services and is now seeking submissions from the telecommunications industry.

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Test results confirm pyjamas met safety standards: Commission urges vigilance around fires and heaters

24 August 2007

The Commerce Commission today closed its investigation into The Warehouse 'Red Stamp' brand pyjamas after receiving test results confirming the nightwear complied with the product safety standards for children's nightwear.

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Transpacific Industries applies for clearance to acquire further parts of EnviroWaste Services

23 August 2007

On 20 August 2007 the Commerce Commission advised that Transpacific Industries had applied for clearance to acquire the Blenheim/Nelson solid waste collection businesses of EnviroWaste Services and the Timaru/Oamaru solid waste businesses of EnviroWaste Services. The Commission has received two further applications from Transpacific Industries. The latest applications seek clearance to acquire EnviroWaste Service's solid waste collection businesses in Christchurch and Dunedin.

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ST Cigar Group cleared to acquire Schimmelpenninck & Tabacofina

22 August 2007

The Commerce Commission has cleared ST Cigar Group Holding BV (ST Cigar Group) to acquire all of the shares in a Dutch company, Schimmelpenninck and through ST Cigar Group's Dutch subsidiary company Henri Wintermans Cigars BV, the cigar trademarks owned by the Belgian company Tabacofina - Vander Elst N.V. (TVE) that are registered in New Zealand, Australia and Portugal.

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Commission settles with real estate company, agent and developer over misleading advertising

20 August 2007

The Commerce Commission has reached a settlement with Auckland-based Country Life Real Estate Limited, agent and shareholder Miles Wallace, and Avanti Developments Limited, after they admitted breaching the Fair Trading Act by incorrectly marketing and selling a property as a four bedroom home when building consent had only been obtained for a three bedroom home.

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Transpacific Industries applies for clearance to acquire part of Enviro Waste Services

20 August 2007

The Commerce Commission has received two clearance applications from Transpacific Industries Group (NZ) Limited (TPI) seeking clearance to acquire part of the business and assets of Enviro Waste Services Limited (Enviro Waste): the first application concerns Enviro Waste's solid waste collection businesses in Blenheim and Nelson; and the second application concerns Enviro Waste's solid waste businesses in Oamaru and Timaru. TPI and Enviro Waste are involved in waste collection, recycling and disposal in New Zealand.

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Commission settles with coffee machine distributors over anti-competitive conduct

17 August 2007

The Commerce Commission has reached a settlement with Espresso Engineers Limited and Valente Coffee Machinery Limited after they breached the Commerce Act by preventing a reseller from advertising their coffee machines for sale below a specified minimum price.

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Transpacific Technical Services (NZ) Limited cleared to acquire the chemical smalls business of Medi-Chem Waste Services Limited

16 August 2007

The Commerce Commission has cleared Transpacific Technical Services (NZ) Limited (TTS), or a wholly-owned subsidiary of TTS, to acquire the assets and businesses of Medi-Chem Waste Services Limited (Medi-Chem) that relate to the collection, treatment and disposal of hydrocarbon, miscellaneous chemical and intractable wastes (the 'chemical smalls' business). The Application for Clearance did not include the assets and businesses of Medi-Chem that relate to medical and quarantine waste, or the collection and recycling lamps, amalgam and x-ray film and fluids. The Commission is continuing with its inquiries into TTS' remaining application relating to the acquisition of Medi-Chem's solvent treatment, recycling, and disposal business and is yet to make a decision on that application.

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Commission investigates south Auckland credit providers

16 August 2007

The Commerce Commission has warned six south Auckland credit providers, and will prosecute a seventh, for allegedly failing to provide important information to customers taking out personal loans. Adequate disclosure is required under the Credit Contracts and Consumer Finance Act (CCCF Act).

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Transpacific Technical Services submits revised applications for clearance to acquire

15 August 2007

Transpacific Technical Services (NZ) Limited (TTS) has withdrawn its section 66 clearance application to acquire the assets and businesses of Medi-Chem Waste Services Limited (Medi-Chem).

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Commission warns truck 'shops' may be breaching credit law

10 August 2007

The Commerce Commission has warned four companies operating mobile shops in the North Island that they may be breaching the Credit Contracts and Consumer Finance Act (CCCF Act) by not disclosing important information to customers.

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New Zealand Post and Salmat Apply for Clearance to Form Joint Venture

9 August 2007

The Commerce Commission has received an application from New Zealand Post Limited (NZ Post) and from Salmat International Pty Limited (Salmat) to merge their respective unaddressed mail delivery operations.

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Ezibuy's throws not pure mohair

8 August 2007

In a settlement reached with the Commerce Commission, Ezibuy has admitted that it has breached the Fair Trading Act by incorrectly advertising and selling an acrylic/mohair throw as a 'mohair throw' with 'pure mohair pile'.

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Draft report issued on regulation of mobile roaming

3 August 2007

The Commerce Commission has issued its draft recommendations on whether to amend the roaming and co-location services currently regulated under the Telecommunications Act, or accept an undertaking from Vodafone as a suitable alternative to amending the regulations.

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Southern Cross and QE Health apply for clearance to form a joint venture

3 August 2007

The Commerce Commission has received an application from Southern Cross Health Trust and from QE Health Hospital Limited seeking clearance to merge their respective private hospital operations in Rotorua.

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Loan company to refund over 2,000 customers

1 August 2007

In a settlement reached with the Commerce Commission, Gilrose Finance Limited will return over $50,000 to 2,303 customers affected by breaches of the Credit Contract and Consumer Finance Act.

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Blenheim car dealer to refund customers over loans

1 August 2007

The Motor Centre admits it breached the Credit Contracts and Consumer Finance Act when it failed to tell customers about their rights and obligations, and charged fees for services it did not perform.

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July 2007

Draft determinations for unbundled local loop

31 July 2007

The Commerce Commission has issued its draft determinations on the price and non-price terms on which Telecom must make unbundled copper local loop and co-location regulated services available to other telecommunications providers. These are the services required to unbundle the local loop.

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New Zealand and Australian Commissions sign agreement

31 July 2007

New Zealand's Commerce Commission has signed a cooperation agreement with the Australian Competition and Consumer Commission that will make it easier for the two commissions to coordinate activities.

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The Warehouse Financial Services latest to refund hidden credit card fees

26 July 2007

The Commerce Commission has reached a settlement with The Warehouse Financial Services Limited which will see the company refund $120,000 to customers who paid hidden foreign exchange fees on the company's Value or Merit MasterCard cards.

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Reasons for The Warehouse acquisition declines

20 July 2007

The Commerce Commission has released its reasons for declining to grant clearance to the three Foodstuffs co-operatives or to Woolworths Limited to acquire up to 100% of the shares in, or assets of, The Warehouse Group Limited.

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ST Cigar Group applies for clearance to acquire Schimmelpenninck & Tabacofina

17 July 2007

The Commerce Commission has received an application from ST Cigar Group Holding BV (STCGH) seeking clearance to acquire all of the shares in a Dutch company, Schimmelpenninck and through STCGH's Dutch subsidiary company Henri Wintermans Cigars BV, the cigar trademarks owned by the Belgian company Tabacofina - Vander Elst N.V. (TVE) that are registered in New Zealand, Australia and Portugal.

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Commission receives proposal from Telecom for Unbundled Bitstream Access Standard Terms Determination

13 July 2007

The Commerce Commission has received the proposal from Telecom covering the non-price terms for Unbundled Bitstream Access (UBA) Standard Terms Determination (STD).

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New Telecommunications Commissioner begins five-year term

12 July 2007

Dr Ross Patterson today begins his five-year term as Telecommunications Commissioner.

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New bitstream access price for CallPlus and ihug

11 July 2007

The Commerce Commission has amended its Decision 582, which set the terms on which Telecom is required to provide a wholesale bitstream service to internet service providers CallPlus and ihug.

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Schering-Plough applies for clearance to acquire Organon BioSciences

11 July 2007

The Commerce Commission has received an application from Schering-Plough Corporation (Schering-Plough) seeking clearance to acquire 100% of the shares in, or assets of, Organon BioSciences N.V.(Organon BS). In New Zealand, Organon BS operates as Intervet Limited.

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Telecommunications Act: Commerce Commission releases Draft Telecom TSO cost calculation for 2004/05 and 2005/06

9 July 2007

The Commerce Commission today released draft telecommunication service obligations (TSO) determinations for the 2004/05 and 2005/06 years.

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Used car dealers fined for not displaying information cards

8 July 2007

Six car dealers in the lower North Island have paid a total of $10,940 in fines and court costs after failing to display Supplier Information Notices or SIN cards on used cars for sale.

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June 2007

Reasons published for decline of Transpacific's acquisition

29 June 2007

The Commerce Commission has published its reasons for declining to grant clearance for Transpacific Industries to acquire the South Island assets and businesses of EnviroWaste Services and up to 50% of the shares in Manawatu Waste.

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Christchurch retailer fined over unsafe wooden toys

21 June 2007

A retailer has been fined $12,000 over unsafe wooden toys sold by Notty Horse Wooden Toys in Christchurch's South City Mall. He was also required to pay $1,150 in costs to the Commission.

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Promoter fined over 'free' flights to Gold Coast

20 June 2007

A man who promoted 'free' flights deals to businesses has been fined $6,000 on a representative charge of breaching the Fair Trading Act.

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Next step underway for local loop backhaul and bitstream backhaul services

19 June 2007

The Commerce Commission today issued notices requiring Telecom to submit standard terms proposals for the two backhaul services necessary to support local loop (LLU) and bitstream access.

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Leather furniture trader fined over 'sale' that wasn't

19 June 2007

An Auckland leather furniture company has been fined a total of $36,000 over misleading claims about the 'sale' price of furniture.

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Commission receives proposals from Telecom for Unbundled Local Loop and Co-location services

15 June 2007

The Commerce Commission has received proposals from Telecom covering the non-price terms for the unbundled local loop and co-location regulated services.

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ASB to pay $4.1 million over credit card fees

15 June 2007

ASB is the sixth major bank to plead guilty to breaching the Fair Trading Act by failing to properly disclose currency conversion fees paid by its credit card and debit card customers from March 2002 to March 2005. Customers paid fees of up to 2.35% of the total transaction.

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'Tender' car sales were not exempt from consumer law

11 June 2007

New Lynn company Park 2 Sell has been fined $15,000 for telling customers they weren't protected by the law because they had bought their car on a "tender" basis.

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Commission Sticks to Timeframe for Unbundled Local Loop

8 June 2007

The Commerce Commission has reaffirmed its current timetable to develop regulated unbundled local loop and co-location services. On Tuesday (5 June) Telecom requested a delay in the timeframe to provide its first standard terms proposals due on 12 June. After considering Telecom's request, the Commission has decided to stick to the timeframe that it notified to Telecom on 3 April.

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$272,500 penalty for deceptive claims about Probitas fertiliser

1 June 2007

A fertiliser sold under the brand name Probitas did not offer the benefits claimed. The company Probitas Ltd has been fined $200,000 and man who sold it $60,000, in the Tauranga District Court for misleading the public. They have also been ordered to pay $12,499 in costs.

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May 2007

Commission declines application by Transpacific Industries to acquire waste disposal businesses

31 May 2007

The Commerce Commission has declined to grant clearance for Transpacific Industries to acquire the South Island assets and businesses of EnviroWaste Services and up to 50% of the shares in Manawatu Waste.

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Supreme Court decision promotes competition with Fonterra

31 May 2007

In a decision issued yesterday, the Supreme Court has affirmed the Commerce Commission's view on the way that Fonterra should calculate the default milk price.

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Commission receives application for EIR Act exemption from Vector Limited

31 May 2007

The Commerce Commission has received an application from Vector Limited, seeking exemption from section 17 of the Electricity Industry Reform Act 1998 in relation to its involvement in the proposed development of the Te Rere Hau wind farm situated on the Tararua Ranges near Palmerston North.

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$788,000 refunds over redundancy insurance for the unemployed

27 May 2007

In an out-of-Court settlement reached with the Commerce Commission, Auckland company Club Finance has agreed to refund $788,000 to borrowers who were required to insure their car loans against the risk of redundancy, despite being unemployed at the time they took out the loans.

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Warehouse acquisition clearance applications: date extension

25 May 2007

A further extension has been agreed to the due date for two clearance decisions relating to The Warehouse.

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$146,000 payout over Auckland car loans

25 May 2007

The partners of Auckland car finance business Dolbak Finance have been fined $100,000 over car loan contracts that did not properly disclose fees and charges.

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SkyBiz pyramid scheme victims repaid today

22 May 2007

New Zealand victims of a global pyramid scheme are today being sent their compensation from a U.S. $20 million fund set up to compensate victims worldwide.

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Exemption granted for Top Energy Ngawha expansion

17 May 2007

The Commerce Commission has granted Top Energy Limited a limited exemption under the Electricity Industry Reform Act to expand its geothermal generation plant at Ngawha Springs, Northland.

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Kiwibank pleads guilty over credit card fees

16 May 2007

Kiwibank has become the fifth major bank to plead guilty to breaching the Fair Trading Act by failing to properly disclose currency conversion fees paid by its MasterCard cardholders. Customers paid fees of 2.6% of the total transaction.

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Commission alleges global cartel affected NZ electricity industry

16 May 2007

The High Court has granted the Commerce Commission leave to serve proceedings against three European companies for an alleged global cartel that affected the New Zealand electricity industry.

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Commission reaches settlement with Unison Networks

11 May 2007

The Commerce Commission has accepted an administrative settlement offer from Unison Networks Ltd. This means the company's distribution services will not be placed under regulatory control.

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Variation to NZRU salary cap agreed

11 May 2007

The Commerce Commission has authorised the New Zealand Rugby Union to vary the salary cap rules for provincial unions competing in the Air New Zealand Cup. The variation applies only to the 2007 year.

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Carter Holt Harvey cleared to acquire Lakesawn Lumber

9 May 2007

The Commerce Commission has cleared Carter Holt Harvey Limited to acquire the sawn timber business of Lakesawn Lumber Limited, which is a member of the Pedersen group of companies.

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Commission declines applications from Foodstuffs and Woolworths to acquire The Warehouse

8 May 2007

The Commerce Commission has declined to grant clearance to Foodstuffs and declined to grant clearance to Woolworths Limited for either of them to acquire up to 100% of the shares in The Warehouse Group Limited.

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Nelson car dealer fined $15,000 for misleading car sales

7 May 2007

Nelson based The Car Company Limited has been fined $15,000 for five offences under the Fair Trading Act.

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April 2007

Standard terms initiated for local loop and bitstream backhaul services

30 April 2007

The Commerce Commission has today initiated the processes for determining standard terms of access for the backhaul services supporting Telecom's unbundled copper local loop and bitstream services.

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Warehouse acquisition clearance applications: date extension

27 April 2007

A further extension has been agreed to the due date for two clearance decisions relating to The Warehouse.

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Company fined for Made in NZ Commonwealth Games uniforms that were made in China

23 April 2007

Sports Resources Ltd was fined $23,750 in the Auckland District Court today after pleading guilty to two charges of breaching the Fair Trading Act. Company Director Anthony Botica was also convicted and discharged.

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Settlement reached over dinner deal at the Hermitage

18 April 2007

The Commerce Commission has reached a settlement with Aoraki Mount Cook Alpine Village Ltd, which owns the Hermitage Hotel at Mount Cook.

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Commission publishes first quarterly report on telecommunications markets

16 April 2007

The Commission has published its first regular monitoring report on telecommunications markets in New Zealand. Recent amendments to the Telecommunications Act have explicitly empowered the Commerce Commission to monitor the performance of telecommunications markets and report on this work.

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Next step underway for local loop co-location access

16 April 2007

The Commerce Commission today issued a notice requiring Telecom to submit a standard terms proposal for the unbundled copper local loop (LLU) co-location service. The notice requires Telecom to specify the non-price terms and conditions on which it proposes to provide a co-location service to other operators.

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Warning: Fair Guide update form may mislead

11 April 2007

New Zealanders are being warned about an Austrian company that is sending forms asking organisations to update their listing on the company's website "Fair Guide." The company targets organisations participating in trade fairs.

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Carter Holt Harvey executive fined over false timber labelling

10 April 2007

Retired Carter Holt Harvey executive Maurice Reid has been fined $20,000 for breaching the Fair Trading Act in the Auckland District Court today.

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Next step underway for bitstream and local loop access

4 April 2007

The Commerce Commission today issued notices requiring Telecom to submit standard terms proposals for the unbundled local loop and bitstream access services. The notices require Telecom to specify the non-price terms and conditions on which it proposes to provide access to these services to other operators.

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Commerce Act / Telecommunications Act interrelationship: discussion paper released for comment

3 April 2007

The Commerce Commission has released for comment a discussion paper giving its preliminary view on the interrelationship between Part 2 of the Commerce Act and the Telecommunications Act.

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Number portability makes it easy to change phone providers

3 April 2007

Number portability introduced on 1 April means telephone users switching companies are now able to keep the same phone number.

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March 2007

HSBC released from interchange fees case

28 March 2007

The Commerce Commission yesterday discontinued its case against the Hongkong and Shanghai Banking Corporation Ltd for alleged price-fixing in relation to interchange fees.

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Standard terms for co-location in Telecom exchanges

28 March 2007

The Commission has begun the process of determining standard terms for access by other operators to Telecom's telephone exchanges. The aim is to set the terms by which other operators can co-locate equipment required to make use of Telecom's unbundled local loops. Co-locating equipment will assist other operators to provide services, such as broadband to their customers, over Telecom's local loop network.

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Warehouse acquisition clearance applications: date extension

28 March 2007

A further extension has been agreed to the due date for two clearance decisions relating to The Warehouse.

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Ribena Vitamin C claims false and misleading: Court

27 March 2007

GlaxoSmithKline has pleaded guilty to 15 representative charges of breaching the Fair Trading Act by making misleading claims about the Vitamin C content of Ribena. The Commission investigated after a complaint from two college students who tested the drink for a science project.

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Ashley Guy Rhodes fined $20,000 for illegal invoicing

26 March 2007

Ashley Guy Rhodes has been fined $20,000 in the North Shore District Court for 47 charges of breaching the Fair Trading Act by sending false invoices.

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Telecommunications Act: Commerce Commission releases Telecom TSO cost calculation

26 March 2007

The Commerce Commission has released its determination on Telecom New Zealand Limited's net cost of complying with its telecommunication service obligations (TSO) for the period 1 July 2003 to 30 June 2004. The TSO relates to the local residential telephone service provided by Telecom. The Commission decides on an annual basis the cost incurred by Telecom in delivering the service, and apportions the cost between Telecom and other operators whose networks are interconnected with the Telecom fixed network.

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Commission can pursue overseas residents: High Court

21 March 2007

The High Court has ruled that the Commerce Commission can pursue penalty proceedings against three defendants in the wood chemicals cartel case who were living overseas when the cartel was operating.

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Christchurch trader fined $10,000 over unsafe baby walkers

21 March 2007

Insight Infotech Limited, trading as Azaks, has been fined $10,000 for selling unsafe baby walkers from its Christchurch stores.

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Fraud Awareness Month - Protect Your Computer

20 March 2007

"Think before you click" is one way to keep scammers out of your computer system advises the Ministry of Consumer Affairs and Commerce Commission, as part of this month's fraud awareness campaign.

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Goodman Fielder Limited cleared to acquire River Mill Bakeries

19 March 2007

The Commerce Commission has cleared Goodman Fielder Limited (Goodman Fielder) to acquire the flour and bread assets of River Mill Bakeries Limited (River Mill Bakeries).

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Variation of NZRU authorisation: draft determination

19 March 2007

The Commerce Commission has released a draft determination on the New Zealand Rugby Union's application to vary the authorisation it granted last year for a salary cap. Without that authorisation, the cap risked breaching the restrictive trade practice provisions of the Commerce Act.

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New Zealand SkyBiz scam victims - 30 March deadline for claiming refunds

15 March 2007

New Zealand victims of the internet pyramid scam, SkyBiz.com, are advised a final date has been set for claiming a refund from the US $20 million redress fund.

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Fraud Awareness Month Protect Your Phone

12 March 2007

Think that phone call or text message sounds like a scam? "Hang up or delete" is the advice today from the Ministry of Consumer Affairs and the Commerce Commission, as part of Fraud Awareness Month.

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Determination on cost of relay service for the hearing impaired

8 March 2007

The Commerce Commission has released its determination on the cost of the Telecommunications Relay Service (TRS) for the hearing impaired.

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Fraud Awareness Month - Don't let a scammer walk off with your wallet!

6 March 2007

As part of Fraud Awareness Month, the Commerce Commission and the Ministry of Consumer Affairs are sending a warning about the increasingly innovative techniques used by scammers to encourage consumers to hand over their money.

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Elite Truck Rentals Limited cleared to acquire ORIX Truck Rentals

5 March 2007

The Commerce Commission has cleared Elite Truck Rentals Limited (Elite) to acquire 100% assets of ORIX Truck Rental (ORIX), a division of ORIX New Zealand Limited.

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February 2007

Transpacific Technical Services applies for clearance to acquire Medi-Chem

28 February 2007

The Commerce Commission has received an application from Transpacific Technical Services (NZ) Limited (TTS) seeking clearance to acquire the assets and businesses of Medi-Chem Waste Services Limited (Medi-Chem) that relate to the treatment, recycling, and disposal of solvents; and the assets and businesses of Medi-Chem that relate to the collection, treatment and disposal of other hazardous wastes (not including the business relating to medical, quarantine and infectious waste, or the business of collecting and recycling lamps, amalgam and x-ray film and fluids).

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Standard terms for local loops and bitstream access

23 February 2007

The Commission has begun the process of deciding standard terms covering access by other operators to Telecom's copper local loops and bitstream services.

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BOC Limited cleared to acquire Shell's LPG portfolio

22 February 2007

The Commerce Commission has cleared BOC Limited to acquire Shell New Zealand Limited's LPG business and Shell New Zealand Holding Company Limited's shareholding in Liquigas Limited; collectively referred to as Shell's LPG Portfolio.

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Bitstream reconsideration: draft decision issued

21 February 2007

The Commerce Commission has issued a draft decision today after reconsidering the pricing aspects of Decision 582.

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Car buyers refunded $49,000 by Ford's finance company

14 February 2007

Primus Financial Services, trading as Ford Credit, has refunded $49,000 to 391 customers as a result of a warning from the Commerce Commission.

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January 2007

Commission receives undertaking from Vodafone for roaming and co-location services

25 January 2007

The Commerce Commission has received an application for an undertaking from Vodafone. The application is in the context of the Commission's investigation into whether or not to amend the roaming and co-location services currently regulated under the Telecommunications Act.

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Carter Holt Harvey applies for clearance to acquire Lakesawn Lumber

18 January 2007

The Commerce Commission has received an application from Carter Holt Harvey Limited seeking clearance to acquire the structural and industrial sawmilling business and certain assets of Lakesawn Lumber Limited.

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Woolworths applies for clearance to acquire The Warehouse

17 January 2007

The Commerce Commission has received an application from Woolworths Limited seeking clearance to acquire up to 100% of the shares in, or assets, of The Warehouse Group Limited.

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Goodman Fielder applies for clearance to acquire River Mill Bakeries

17 January 2007

The Commerce Commission has received an application from Goodman Fielder Limited (Goodman Fielder) seeking clearance to acquire the flour and bread assets of River Mill Bakeries Limited (River Mill Bakeries).

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Commission investigates TMG Asia Pacific Pty Limited for 'text to enter' television promotion

15 January 2007

The Commerce Commission is investigating TMG Asia Pacific Pty Limited, an Australian based company, for alleged breaches of the Fair Trading Act from their promotions advertised on New Zealand television.

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Six car traders fined for lack of SINs

12 January 2007

Six motor vehicle traders have been fined more than $9,000, in total, for failing to display Supplier Information Notice (SIN) cards with used motor vehicles for sale. The traders, who were selling from car yards in Hamilton, Rotorua and Auckland, were fined up to $300 for each car that did not carry a card. Another Rotorua car trader - Growth Investments Ltd - has pleaded guilty and will appear in the Rotorua District Court in April 2007 for sentencing.

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Just $2 fined $12,000 for selling unsafe soft toys

11 January 2007

A Christchurch retailer was fined $12,000 in the Christchurch District Court today for selling unsafe soft toys. Southern Gold Limited, trading as Just $2, breached the product safety requirements of the Fair Trading Act by selling toys that did not comply with the Product Safety (Children's Toys) Regulations 2005.

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BOC Limited applies for clearance to acquire Shell's LPG portfolio

10 January 2007

The Commerce Commission has received an application from BOC Limited to acquire Shell New Zealand Limited's (SNZ) LPG business and Shell New Zealand Holding Company Limited's (SNZH) shareholding in Liquigas Limited; collectively referred to as Shell's LPG Portfolio.

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