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December 2010

Commerce Commission releases draft determination for calls and texts to mobile networks

23 December 2010

The Commerce Commission issued its preliminary views today on the regulation of calls and texts to mobile networks, known as the mobile termination access services.

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Final step in setting regulatory rules

23 December 2010

The Commerce Commission has set input methodologies that will apply to electricity distribution businesses, Transpower, gas pipeline businesses and specified airport services under Part 4 of the Commerce Act.

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Airports information disclosure requirements announced

23 December 2010

The Commerce Commission today announced that the information disclosure requirements for specified airport services supplied at Auckland, Wellington and Christchurch airports have been determined.

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Fletcher Building applies for clearance to acquire Crane Group Limited

23 December 2010

The Commerce Commission has received an application from Fletcher Building Limited (through its wholly owned subsidiary Fletcher Building (Australia) Pty Limited) seeking clearance to acquire up to 100 per cent of the ordinary shares in Crane Group Limited.

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Final individual price quality path for Transpower determined

23 December 2010

The Commerce Commission today released the final individual price-quality path determination for electricity lines services supplied by Transpower.

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$3.65m in total penalties to date following second freight forwarding cartel case

22 December 2010

A second multi-national freight forwarding company has been handed a penalty of $2.5 million following a Commerce Commission investigation into anti-competitive conduct in the freight forwarding market, taking the total penalties imposed so far to $3.65 million.

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New Telecom wholesale VDSL2 service not to be regulated

21 December 2010

The Commerce Commission has decided that a new wholesale VDSL2 service offered by Telecom New Zealand Limited does not need to be regulated, as it incorporates a number of features not included in the regulated unbundled bitstream access (UBA) service, and it is appropriate that the market determines the price for this enhanced service.

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Commerce Commission latest broadband report shows continuing quality improvement

20 December 2010

The quality of New Zealand's broadband services are continuing to improve according to a report released by the Commerce Commission today. The report, covering from 1 January - 30 June 2010, aims to provide a comparison of the relative performance of internet service providers (ISPs) in delivering broadband services in the major New Zealand cities.

 

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Commerce Commission warns all that glitters isn't gold

20 December 2010

The Commerce Commission is reminding the jewellery industry that it must ensure that consumers are aware that some jewellery made from white gold or silver has been plated with rhodium and may require regular maintenance.

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Commerce Commission report recommends significant resale deregulation

17 December 2010

The Commerce Commission has today recommended to the Minister for Communications and Information Technology that a number of services that Telecom New Zealand Limited provides to other telecommunications companies to be resold should no longer be subject to the Telecommunications Act 2001.

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$1.15m penalty in first freight forwarding cartel case

17 December 2010

The Commerce Commission has reached a settlement of proceedings against an international freight forwarding company accused of anti-competitive conduct in the freight forwarding market.

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Commerce Commission grants clearance to PMP Print to acquire heat set printing assets of APN

16 December 2010

The Commerce Commission has today given clearance to PMP Print Limited to acquire certain heat set printing assets of APN Print NZ Limited.

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Number portability determination extended

15 December 2010

In a final determination issued today the Commerce Commission has extended the current arrangement for number portability for both local and mobile telephone numbers for another six years. Number portability enables a customer to change their telecommunications provider but retain the same telephone number.

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Price of national mobile roaming to remain unregulated

15 December 2010

The Commerce Commission today announced that it will not investigate whether the national mobile roaming service should be extended to include price because there are adequate commercial arrangements in place.

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TSO determinations for 2009/10 released by Commerce Commission

15 December 2010

The Commerce Commission has released its final determinations for the period 1 July 2009 to 30 June 2010 on:

  • the cost of the Telecommunications Relay Service (TRS) for the hearing impaired; and
  • the proportion of the cost to be met by each party liable to contribute to the cost of the TRS and Telecom New Zealand's local residential telephone service obligation.

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Extremely high lead levels in toys prompt investigation and consumer alert

15 December 2010

The Commerce Commission is investigating a number of toys sold in bargain variety stores following testing by the Ministry of Consumer Affairs which detected excessively high levels of lead.

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Statement of preliminary issues available for Christchurch International Airport Limited's clearance application to acquire Craddocks Car Storage

13 December 2010

The Commerce Commission has published a statement of preliminary issues relating to an application received from Christchurch International Airport Limited on 7 December 2010 seeking clearance to acquire Craddocks Car Storage.

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Commerce Commission consulting on business competition guidelines

10 December 2010

The Commerce Commission is consulting about updating its Mergers and Acquisitions Guidelines and its Benefits and Detriments Guidelines.

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Christchurch International Airport Limited applies for clearance to acquire Craddocks Car Storage

8 December 2010

The Commerce Commission has received an application from Christchurch International Airport Limited seeking clearance to acquire Craddocks Car Storage.

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Statement of preliminary issues available for Sonoco's clearance application to acquire T.T.L Pacific

3 December 2010

The Commerce Commission has published a statement of preliminary issues relating to an application received from Sonoco New Zealand Limited seeking clearance to acquire T.T.L Pacific Limited. Both companies manufacture glued paper cores and tubes which are used for packaging.

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November 2010

Price-quality path decision for electricity distribution businesses released

30 November 2010

The Commerce Commission today released its decision to amend the determination setting out the default price-quality path (DPP) applying to electricity distribution businesses (EDBs) for the period 2010-2015. The DPP comprises a price path that places an upper limit on the aggregate prices that EDBs may charge, and also the quality standards that EDBs must meet in supplying electricity lines services to customers.

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Commerce Commission announces revenue cap for Transpower

26 November 2010

The Commerce Commission today announced that the revenue cap for Transpower's 2011/12 pricing year will be set at $644 million.

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Air ambulance companies warned over price fixing

24 November 2010

The Commerce Commission has reached administrative settlements with two companies who were competitors for air ambulance evacuations to New Zealand after an investigation into alleged price-fixing. The settlement includes a formal warning to both Maccawat Limited (formerly named South Pacific Air Ambulance (2008) Limited) and CareFlight (QLD) Limited.

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Sonoco applies for clearance to acquire T.T.L Pacific

23 November 2010

The Commerce Commission has received an application from Sonoco New Zealand Limited seeking clearance to acquire T.T.L Pacific Limited.

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TEC Projects Limited granted clearance to buy Tecpak Industries Limited

18 November 2010

The Commerce Commission has granted clearance for TEC Projects Limited to acquire Tecpak Industries Limited.

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Draft TSO determinations for 09/10 released by Commerce Commission

16 November 2010

The Commerce Commission has released its 2009/10 draft determinations for the period 1 July to 30 June on the:

  • cost of the Telecommunications Relay Service (TRS) for the hearing impaired; and the
  • proportion of the cost to be met by each party liable to contribute to the cost of the TRS and Telecom New Zealand's local residential telephone service (LRTS) obligation.

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Statement of preliminary issues available for PMP's clearance application

16 November 2010

The Commerce Commission has published a statement of preliminary issues relating to an application received from PMP Print Limited on 5 November 2010 seeking clearance to acquire the Manukau heatset printing business of APN Print NZ Limited.

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Relief for Cantabrians facing debt problems after quakes

15 November 2010

Consumers struggling with loan repayments as a result of the Canterbury earthquakes may be able to use provisions in consumer legislation that provide financial relief in circumstances of unforeseen hardship.

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Final consultation on input methodologies for Transpower

12 November 2010

The Commerce Commission today released its revised draft input methodologies determination for Transpower for technical consultation. This is expected to be the last consultation step before the input methodologies for Transpower are finalised.

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Draft determination extending number portability released by Commerce Commission

11 November 2010

The Commerce Commission has today released a draft determination which would extend the number portability determination for both local and mobile telephone numbers for another six years. Number portability enables a customer to change telecommunications companies but retain the same telephone number.

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Sanford granted clearance to acquire Pacifica Seafoods Group

11 November 2010

The Commerce Commission has granted clearance for Sanford Limited to acquire the five companies that together make up the Pacifica Seafoods Group of companies.  

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Telecommunications report reveals New Zealand ranks in bottom third of OECD for fixed line calling

9 November 2010

The Commerce Commission has released a report benchmarking New Zealand prices for fixed line and mobile telecommunications services against international prices.

 

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Consultation on draft individual price-quality path determination for Transpower

9 November 2010

The Commerce Commission today released for technical consultation its draft individual price-quality path determination in respect of electricity lines services supplied by Transpower.  This is expected to be the last consultation step before the individual price-quality path applying to Transpower is finalised in December 2010.

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Waste oil price-fixing case settled out of court

5 November 2010

The Commerce Commission has reached a settlement with ERS New Zealand Limited (ERS NZ), a waste oil company, following an investigation into an attempt to fix prices, which is illegal under the Commerce Act.

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PMP Print applies for clearance to acquire heat set printing assets of APN Print

5 November 2010

The Commerce Commission has received an application from PMP Print Limited seeking clearance to acquire the Manukau heat set printing assets (and related spare parts) of APN Print NZ Limited.

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Final consultation on input methodologies for gas pipeline services

1 November 2010

The Commerce Commission today released its revised draft input methodologies determinations for gas pipeline services for technical consultation.

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Commerce Commission takes over responsibility for grid upgrade plan approval

1 November 2010

From 1 November 2010 the Commerce Commission assumes responsibility for requesting or approving electricity grid upgrade plan proposals by Transpower New Zealand Limited.

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Rugby World Cup 2011 - Commerce Commission focuses on fair play

1 November 2010

The Commerce Commission is taking a close interest in ensuring businesses cashing in on the opportunities presented by the Rugby World Cup 2011 play by the rules.

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October 2010

Bluestone applications declined

29 October 2010

The High Court in Auckland has declined applications by Bluestone Mortgages NZ Limited and two other entities for leave to apply for summary judgment, and alternatively to strike out claims brought by the Commerce Commission.

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Statement of preliminary issues available for Pact Group subsidiary's clearance application

29 October 2010

The Commerce Commission has published a statement of preliminary issues relating to an application received from TEC Projects Limited on 19 October 2010 seeking clearance to acquire the plastic packaging business and assets of Tecpak Industries Limited.

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Commerce Commission releases draft report on competition review of UBA service

28 October 2010

The Commerce Commission today released a draft report on its review into whether Telecom New Zealand Limited faces competition in the provision of the unbundled bitstream access (UBA) service. The UBA service is a wholesale broadband service that allows telecommunications operators to differentiate their retail products from Telecom's retail broadband services.                  

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Final consultation on input methodologies for electricity distribution services

22 October 2010

The Commerce Commission today released its revised draft input methodologies determination for electricity distribution services for technical consultation.

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Statement of preliminary issues available for AsureQuality Limited's and Proficiency Services Limited's clearance application

22 October 2010

The Commerce Commission has published a statement of preliminary issues relating to an application received from AsureQuality Limited and Proficiency Services Limited on 15 October 2010 seeking clearance to form a new joint venture company.

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Businesses reminded not to mislead over public holiday surcharge

21 October 2010

The Commerce Commission is reminding those businesses who choose to apply a surcharge on public holidays that they must not mislead consumers. This follows a warning to a company that is a major provider of food and alcohol at Wellington's Westpac Stadium.

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Refunds for second tier home loan borrowers

21 October 2010

The Commerce Commission has entered into a settlement with New Zealand Guardian Trust Company resulting from an investigation into break fees. The settlement will see 77 affected consumers sharing refunds of $165,000.

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Pact Group subsidiary applies for clearance to acquire Tecpak Industries Limited

20 October 2010

The Commerce Commission has received an application from TEC Projects Limited seeking clearance to acquire the plastic packaging business and assets of Tecpak Industries Limited.

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Commerce Commission focuses on construction sector

19 October 2010

Research conducted on behalf of the Commerce Commission indicates that some construction businesses are not aware of competition law and this may be affecting competition for non-residential building projects.

 

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Commerce Commission appoints new CEO

19 October 2010

The Commerce Commission is very pleased to announce the appointment of Brent Alderton as the new CEO from 1 January 2011. He replaces Nicholas Hill who is leaving the Commission at the end of this year.

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Commission ends plans to draft enforcement guidelines on misuse of market power

18 October 2010

The Commerce Commission will no longer develop guidelines on section 36 of the Commerce Act.

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Commerce Commission opens investigation into Telecom's compliance with Separation Undertakings

15 October 2010

The Commerce Commission announced today it has launched an investigation into an alleged breach of Separation Undertakings by Telecom Corporation of New Zealand. The investigation will assess whether Telecom Wholesale is likely to have discriminated against telecommunications providers in favour of Telecom Retail.

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AsureQuality and Proficiency Services apply for clearance to form a joint venture

15 October 2010

The Commerce Commission has received an application from AsureQuality Limited and Proficiency Services Limited seeking clearance to form a new joint venture company. The joint venture company would acquire all of the proficiency testing business assets of AsureQuality and Proficiency Services Limited.

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Statement of preliminary issues available for Sanford's clearance application

14 October 2010

The Commerce Commission has published a statement of preliminary issues relating to an application received from Sanford Limited on 29 September 2010 seeking clearance to acquire the Pacifica Seafoods Group of companies.

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Company director and car dealership fined for misleading about damaged vehicles

12 October 2010

The managing director of a Porirua car dealership and his company, Sunrise Motor Group Limited, were fined in the Wellington District Court today after pleading guilty to multiple charges of breaching the Fair Trading Act. Surya Kumar was fined a total of $9,600 on six charges and Sunrise Motor Group a total of $19,200 on twelve charges.

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Revised draft information disclosure determination for airport services released

11 October 2010

The Commerce Commission has released a revised draft information disclosure determination for specified airports services, for technical consultation.

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Businesses reminded not to mislead over GST pricing increases

8 October 2010

The Commerce Commission is reminding businesses that they risk breaching the Fair Trading Act if price increases are misleadingly represented as being due to the GST increase. This follows a warning issued to the owners of Wellington's daily paper, The Dominion Post, which represented that a price increase was 'forced' by the GST change, when this was not the case.

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Next step underway for the determination of mobile termination rates

7 October 2010

The Commerce Commission has today issued a notice to Vodafone New Zealand Limited to prepare a standard terms proposal for terminating mobile calls and text messages. This proposal will specify the non-price terms and conditions on which mobile termination services should be made available to both mobile and fixed line operators. The price of the mobile termination access services (MTAS) will be specified by the Commission.

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Methven pleads guilty to misleading consumers over shower water and energy savings

4 October 2010

Methven Limited, a company that manufactures and supplies bathroom fittings, has pleaded guilty to nine breaches of the Fair Trading Act for misleading consumers about the potential savings gained when using the Satinjet shower product range.

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Final consultation on input methodologies for airport services

1 October 2010

The Commerce Commission today released its revised draft input methodologies determination for specified airport services for technical consultation.

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September 2010

Fines for another company peddling royal jelly using false claims

29 September 2010

A company that admitted labelling imported royal jelly as New Zealand made, and as being of high potency when it was neither, has been fined $16,000 in the Auckland District Court.

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Sanford Limited applies for clearance to acquire the Pacific Seafoods Group

29 September 2010

The Commerce Commission has received an application from Sanford Limited seeking clearance to acquire the Pacifica Seafoods Group of companies.

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Process for determining mobile termination rates announced

28 September 2010

The Commerce Commission has commenced the process for determining the wholesale price for terminating mobile calls and text messages.

 

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Tyre traders admit price fixing on Trade Me

27 September 2010

The Commerce Commission has reached administrative settlements with two Trade Me sellers who admitted that they had been fixing prices for tyres, which is illegal under the Commerce Act.

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Backhaul services draft reports released by Commerce Commission

23 September 2010

The Commerce Commission today released a revised draft report on the unbundled copper local loop (UCLL) backhaul service and a draft report on the unbundled bitstream access (UBA) backhaul service. The Commission has been undertaking a review into whether Telecom New Zealand Limited faces competition for providing these backhaul services.

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Scandinavian Tobacco granted clearance to merge its cigar and pipe tobacco businesses with Swedish Match

22 September 2010

The Commerce Commission has granted clearance for Scandinavian Tobacco Group A/S to merge  its New Zealand cigar, pipe tobacco and accessories businesses with that of Swedish Match AB. The clearance is given subject to the merged entity divesting the Willem cigar brand.

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Commerce Act guidelines for trade associations released

14 September 2010

The Commerce Commission has today released guidelines to help trade associations understand their obligations under the Commerce Act. The guidelines are part of new series of guidelines and fact sheets focusing on the Commerce Act.

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Commerce Commission reports to Minister on compliance with Telecommunications Service Obligations

10 September 2010

The Commerce Commission has advised the Minister for Communications and Information Technology that Telecom Corporation of New Zealand Limited and Sprint International New Zealand Limited have complied with all their Telecommunications Service Obligations (TSO) quality measures for the period 1 July 2009 to 30 June 2010.

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Wellington airport taxi arrangements unlikely to breach Commerce Act

10 September 2010

The Commerce Commission has advised complainants regarding new arrangements for taxis and shuttles at Wellington International Airport Limited that these arrangements are unlikely to breach the Commerce Act.

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Guidelines on recognising and deterring bid rigging released by Commerce Commission

3 September 2010

The Commerce Commission has today released three related resources to assist purchasers in both the public and private sectors in recognising and deterring bid rigging.

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Commerce Commission files freight forwarding cartel proceedings and settles with two defendants

2 September 2010

The Commerce Commission has filed proceedings in the High Court in Auckland against a number of companies accused of anti-competitive conduct in the freight forwarding market.

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Balmoral Homes directors fined and ordered to pay reparation for Fair Trading Act breaches

1 September 2010

Two directors of a Christchurch-based building company that has gone into liquidation pleaded guilty to multiple charges of breaching the Fair Trading Act in the Christchurch District Court today. They have been fined $15,000 each and have been ordered to pay a total of $97,000 in reparation and a further $30,000 for emotional harm reparation in total for six complainants.

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Rental car companies and directors fined for misleading consumers

1 September 2010

Two Christchurch-based rental car companies, Affinity Car Rental New Zealand Limited and Euro Car Rental New Zealand Limited, and their directors, Kylee and Gary Harris, have pleaded guilty to 18 charges of breaching the Fair Trading Act. The Christchurch District court today imposed fines and costs totalling $37,960 as well as ordering a total of $5,750 to be paid in reparation to affected consumers.

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August 2010

Commerce Commission draft report recommends resale deregulation

26 August 2010

The Commerce Commission has today released its draft report into whether the services that Telecom provides to other telecommunications companies to be resold should remain subject to the Telecommunications Act 2001.

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Warning for Trade Me car advertisers

20 August 2010

The Commerce Commission is reminding people who frequently sell motor vehicles on Trade Me or similar sites to be aware of their legal obligations when advertising and selling motor vehicles.

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Fair Trading Act guidelines for bundled telecommunications products issued

20 August 2010

The Commerce Commission has today issued guidelines to help telecommunications retailers better understand their Fair Trading Act obligations in relation to the disclosure of bundled telecommunications products.

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Court of Appeal clarifies intention under the Fair Trading Act

19 August 2010

A decision delivered by the Court of Appeal on Monday in a case involving the Commerce Commission and Progressive Enterprises Limited has clarified the interpretation of Section 17 of the Fair Trading Act.

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Commerce Commission draft decision: Reset default price-quality path to include a revenue differential term

13 August 2010

The Commerce Commission today released its consultation paper with a draft decision to amend the default price-quality path (DPP) applying to electricity distribution businesses (EDBs) for the period 2010-2015 by including a revenue differential term.

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Souvenir company fined for misleading 'New Zealand made' claims

9 August 2010

A Christchurch-based company that supplies souvenir and gift shops at airports and major tourist destinations throughout New Zealand has been fined $48,000 in the Christchurch District Court today.

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Commerce Commission releases draft review of unbundled local loop backhaul services

6 August 2010

The Commerce Commission today released a draft report on its review of where Telecom faces competition in the provision of backhaul services for the unbundled copper local loop.

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Commerce Commission releases starting price adjustment consultation paper

5 August 2010

The Commerce Commission has today released a consultation paper on its proposed framework for making 'starting price adjustments' under a default price-quality path (DPP) applied to non-exempt electricity distribution businesses and to gas pipeline businesses.

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Indicative process for regulation of mobile termination rates

4 August 2010

The Commerce Commission has announced its indicative process for determining mobile termination rates, following today's announcement by the Minister for Communications and Information Technology, Stephen Joyce, that he has accepted the Commission's recommendation to amend the Telecommunications Act 2001 to allow the regulation of mobile termination access services.

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July 2010

Budget Loans pleads guilty to misleading - $500,000 returned to consumers

26 July 2010

Budget Loans Limited has pleaded guilty to 34 charges of breaching the Fair Trading Act in the Auckland District Court today. The charges relate to misleading claims made by Budget Loans that it was entitled to recover certain interest and fees from its debtors, when as a matter of law it was not. Budget Loans have been fined $30,750.

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Beware of credit card scam

23 July 2010

The Commerce Commission is urging New Zealanders not to fall for a scam in which people are being phoned and told they are eligible for a refund for overcharges on their credit card, but they have to pay the scammers money in order to receive the payment.

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$100,000 penalties imposed in Waikato pathology services case

23 July 2010

The High Court in Auckland has imposed penalties on New Zealand Diagnostic Group and Pathology Associates Limited after they admitted being parties to an anti-competitive agreement concerning community pathology testing services in the Waikato area.

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Commerce Commission directs payment of $45 million to ANZ/ING investors

21 July 2010

The Commerce Commission has determined the payment method for distribution of the $45 million settlement fund agreed with ANZ National Bank Limited (ANZ) and ING (NZ) Limited (ING) in respect of the ING Diversified Yield Fund (DYF) and ING Regular Income Fund (RIF).

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Commerce Commission urges caution again over holiday vouchers

19 July 2010

Consumers should exercise caution when approached by telemarketers selling vouchers for discounted or free holidays, hotels and flights, the Commerce Commission warned today.

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Telecom settles over wholesale loyalty offer - $1.6 million to be paid in compensation

9 July 2010

The Commerce Commission has reached a $1.6 million settlement with Telecom Corporation of New Zealand Limited. The settlement follows a Commission investigation launched after receiving complaints from the telecommunications industry alleging that Telecom Wholesale's 'loyalty offers' breached Telecom's Separation Undertakings.

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June 2010

Reasons for price increases must not be misrepresented

30 June 2010

The Commerce Commission is reminding businesses of their obligation under the Fair Trading Act not to mislead consumers about the reasons for price increases.

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Commerce Commission releases draft decisions on individual price-quality path for Transpower

28 June 2010

The Commerce Commission has today released its draft decisions and reasons on the application of individual price-quality regulation to Transpower. It complements a paper published on Friday 25 June 2010, setting out the Commission's draft decisions and reasons on the input methodologies to be applied to Transpower.  

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Tomarata Sand granted clearance to acquire Coastal Resources

25 June 2010

The Commerce Commission has granted clearance to Tomarata Sand Limited to acquire the assets and business of Coastal Resources Limited relating to sand mining operations at Tomarata in Northland.

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Commerce Commission releases draft decisions on Input Methodologies for Transpower

25 June 2010

The Commerce Commission has today published the fourth in a series of papers important to the development of input methodologies for regulated industries under Part 4 of the Commerce Act.

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Preformed Line Products granted clearance to buy Electropar

24 June 2010

The Commerce Commission has granted clearance for Preformed Line Products Company to acquire Electropar Limited.

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Commerce Commission commences competition review of UBA service

23 June 2010

The Commerce Commission today commenced a review to determine whether Telecom New Zealand Ltd faces limited competition in the provision of the unbundled bitstream access (UBA) service.

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Scandinavian Tobacco applies for clearance to acquire Swedish Match

22 June 2010

The Commerce Commission has received an application from Scandinavian Tobacco Group seeking clearance to merge their New Zealand cigar and pipe tobacco business with Swedish Match.

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Commerce Commission settles with ANZ and ING over investment funds

22 June 2010

In its largest monetary settlement to date, the Commerce Commission has secured $45 million for thousands of New Zealanders who invested in two funds marketed by ING (NZ) Limited (ING) and ANZ National Bank Limited (ANZN). This settlement follows an investigation into alleged breaches of the Fair Trading Act relating to the marketing and promotion of the funds by ING and ANZN.

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Commerce Commission releases draft decisions on Input Methodologies for gas pipeline businesses

21 June 2010

The Commerce Commission has today published the third in a series of papers important to the development of input methodologies for regulated industries under Part 4 of the Commerce Act.

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AMP granted clearance to buy AXA's Australian and New Zealand businesses

21 June 2010

The Commerce Commission has granted clearance for AMP Limited to acquire the Australian and New Zealand operations of AXA Asia Pacific Holdings Limited.

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1300 broadband customers to get refunds following Commerce Commission investigation

18 June 2010

The Commerce Commission has reached a settlement with Telecom New Zealand Ltd (Telecom) under which Telecom will notify and refund approximately 1300 customers who may have been misled by a broadband promotion it conducted in 2008.

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Commerce Commission releases draft decisions on Input Methodologies for electricity distribution businesses

18 June 2010

The Commerce Commission has reached another significant milestone in the development of input methodologies for regulated industries under Part 4 of the Commerce Act. It has today released a paper setting out its draft decisions and reasons on the input methodologies to be applied to electricity distribution businesses (EDBs).

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Commerce Commission recommends regulation of mobile termination access services

16 June 2010

In its reconsideration report issued today, the Commerce Commission has recommended under the Telecommunications Act that the Minister for Communications and Information Technology regulate mobile termination access services (MTAS), and not accept undertakings from Telecom and Vodafone.

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Divestment guidelines released

4 June 2010

The Commerce Commission has today released guidelines on how it will consider divestment undertakings as part of an application for clearance for a business merger or acquisition.

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Car finance company fined for breaching consumer laws

1 June 2010

An Auckland-based car finance company has pleaded guilty to breaching the Credit Contracts and Consumer Finance Act (CCCF Act) and the Fair Trading Act in relation to car loan contracts. Dolbak Finance Limited has been fined a total of $2000 in the Auckland District Court yesterday.

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May 2010

Important milestone in setting regulatory regime for airports

31 May 2010

The Commerce Commission has reached an important milestone in the setting of a new regulatory regime for airports under Part 4 of the Commerce Act.

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More false country of origin claims on Royal Jelly product result in fines

28 May 2010

A second company selling Royal Jelly in Auckland souvenir stores, falsely claiming its product to be New Zealand made, has been convicted and fined in the Auckland District Court yesterday.   Shim's International Limited, trading as Royal Deer of New Zealand was fined $6,000.

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Commerce Commission advises industry on credit card late payment fees

21 May 2010

The Commerce Commission has issued compliance advice letters to a number of banks and credit card providers (issuers) following an investigation into the reasonableness of credit card exception fees.

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Preformed Line Products applies for clearance

20 May 2010

The Commerce Commission has received an application from Preformed Line Products Company seeking clearance to acquire Electropar Limited.

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New requirements for Telecom's regulatory financial statements published

18 May 2010

The Commerce Commission today published the new information disclosure requirements that Telecom must follow when preparing its regulatory financial statements.

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Commerce Commission broadband quality report shows improvement in web browsing speed

18 May 2010

The Commerce Commission has released its report on New Zealand broadband quality covering the period 1 July to 31 December 2009. The report examines the quality of broadband services provided by New Zealand's internet service providers (ISPs).

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Commerce Commission recommends regulation of mobile termination access services in draft report

12 May 2010

In a draft reconsideration report issued today, the Commerce Commission has indicated that its preliminary view is to recommend that the Minister for Communications and Information Technology regulate mobile termination access services, and not accept undertakings from Telecom and Vodafone.

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Revised draft credit fees guidelines released

12 May 2010

The Commerce Commission today released revised draft guidelines outlining the Commission's enforcement approach to credit fees under the Credit Contracts and Consumer Finance Act (CCCF Act).

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Mortgage break fees investigation by Commerce Commission concluded

11 May 2010

The Commerce Commission has concluded its investigation under the Credit Contracts and Consumer Finance Act (CCCF Act) into the mortgage break fees charged by banks when customers repay their fixed-rate loans early.

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Settlement reached over breaches of consumer legislation

11 May 2010

In a settlement reached with the Commerce Commission, Foundation Custodians, a non-bank financier, has admitted breaching the Credit Contracts and Consumer Finance Act (CCCF Act) and the Fair Trading Act in relation to fees charged on early loan repayments. The company will provide refunds of $200,000 to affected customers.

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Novartis granted clearance to acquire 52.15% shareholding in Alcon

6 May 2010

The Commerce Commission has granted clearance for Novartis AG to acquire Nestlé S.A.'s 52.15 per cent shareholding in Alcon, Inc.

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Consumers misled by imported royal jelly passed off as NZ-made

5 May 2010

A company that sold a product made from royal jelly imported from China, with labels that implied the product was made in New Zealand, has been fined $15,000 in the Auckland District Court yesterday.

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AMP applies for clearance to acquire AXA Asia Pacific

3 May 2010

The Commerce Commission has received an application from AMP Limited seeking clearance to acquire the Australian and New Zealand assets and business of AXA Asia Pacific Holdings Limited.

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April 2010

Company executive fined for Fair Trading Act breach

30 April 2010

The former managing director of a timber company that has gone into liquidation has pleaded guilty to 36 charges of breaching the Fair Trading Act in relation to misleading timber retailers and consumers about the characteristics of timber frames and roof trusses.

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Gisborne Farmers Market agrees to remove pricing rule

28 April 2010

The Commerce Commission has concluded its investigation into an allegation of price-fixing by the Committee of Gisborne Farmers Market. A settlement has been reached which has resolved the issue without any need for court action, and ensures that prices at the market will be set by the individual stall holders.

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Commerce Commission process for reconsideration of mobile termination access services recommendation

27 April 2010

The Commerce Commission has today released a letter outlining its indicative process and timeline to reconsider its recommendation in the mobile termination access services investigation that undertakings from Telecom and Vodafone should be accepted as an alternative to regulation

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Court injunction granted against water filter companies

26 April 2010

Three companies involved in selling Love Springs branded water filters door to door have been restrained from engaging in conduct which is alleged to breach the Fair Trading Act, as a result of an interim injunction obtained by the Commerce Commission.

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Statement of preliminary issues available for Tomarata Sand's clearance application

26 April 2010

The Commerce Commission has published a statement of preliminary issues relating to an application seeking clearance received from Tomarata Sand Limited, which is owned by Stan Semenoff.

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2009 annual monitoring report shows increasing competition in telecommunications markets

23 April 2010

The Commerce Commission has today released its 2009 telecommunications monitoring report analysing the state of New Zealand telecommunications markets.

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Hoyts granted clearance to buy Berkeley exhibition business

21 April 2010

The Commerce Commission has granted clearance for Hoyts Corporation Holdings (NZ) Limited to acquire the Berkeley film exhibition business from Everard Entertainment Limited.

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'Text to win' company pleads guilty to Fair Trading Act breach

21 April 2010

An overseas-based company that ran a series of text to win trivia competitions has pleaded guilty to breaching the Fair Trading Act by not properly disclosing all the terms and conditions related to the competitions.

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Commerce Commission invites Minister to consider Vodafone's new on-net pricing plan

20 April 2010

In response to a query from the Minister for Communications and Information Technology, the Commerce Commission has invited the Minister to consider the launch of Vodafone's Talk Add-on product in his assessment of whether Telecom's and Vodafone's mobile termination access services (MTAS) undertakings should be accepted.

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VDSL decision confirmed by Commerce Commission

16 April 2010

The Commerce Commission has today issued a decision related to Telecom's use of VDSL technologies in the provision of wholesale broadband services.

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Supreme Court overrules Commission's ability to pursue overseas resident

16 April 2010

The Commerce Commission has today received judgment from the Supreme Court in relation to an issue of jurisdiction relating to individuals resident overseas who are alleged to have breached the Commerce Act.

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Summary and analysis report of Telecom's 2009 regulatory financial statements published

15 April 2010

The Commerce Commission today published its summary and analysis of Telecom Corporation of New Zealand Limited's first regulatory financial statements for the financial year ending 30 June 2009.

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Commerce Commission recommends type of regulation to apply to Transpower

14 April 2010

The Commerce Commission has recommended to the Minister of Commerce that Transpower be subject to individual price-quality regulation following the expiry of its administrative settlement with the Commission.

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Tomarata Sand applies for clearance to acquire Coastal Resources

13 April 2010

The Commerce Commission has received an application from Tomarata Sand Limited seeking clearance to acquire the assets and business of Coastal Resources Limited.

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Novartis AG applies for clearance

1 April 2010

The Commerce Commission has received an application from Novartis AG seeking clearance to acquire the  majority shareholding in Alcon, Inc.

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Commerce Commission closes investigation into music copyright holders

1 April 2010

A Commerce Commission investigation has resulted in a voluntary change of rules in the music copyright industry that will allow for competition to occur, to the benefit of those who purchase licenses for copyrighted music.

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March 2010

Wings and Wheels over Waikato organiser sentenced

30 March 2010

Kenneth James Ross, the organiser of the failed air and car show Wings and Wheels over Waikato, was sentenced to nine months home detention and 200 hours community service in the Hamilton District Court today.

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Cash Converters settles with Commerce Commission over payday loans

24 March 2010

The Commerce Commission has reached a settlement with Cash Converters and its associated companies in New Zealand.

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Hoyts NZ applies for clearance

17 March 2010

The Commerce Commission has received an application from Hoyts Corporation Holdings (NZ) Limited (Hoyts NZ) seeking clearance to acquire the film exhibition business assets of the Berkeley Cinema Group (Berkeley).

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Commerce Commission acknowledges select committee report

17 March 2010

The Commerce Commission acknowledges the findings of a Commerce Committee report into a case involving a Northland man who felt he had not been dealt with fairly by the Commission over the consequences of a merger decision reached 24 years ago.

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Car dealership company pleads guilty to breaching Fair Trading Act

16 March 2010

An Auckland based car dealership has pleaded guilty to five charges of breaching the Fair Trading Act for a misleading promotion about a 0% interest finance offer. They have been fined $18,000 in the North Shore District Court today.

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Real estate agent's appeal upheld because of new Act

10 March 2010

A Wellington real estate agent, who was successfully prosecuted under section 14 of the Fair Trading Act for misleading use of a Buyer Enquiry Over price, has been discharged without conviction by the High Court following an appeal.

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Proceedings against Commissioner Donal Curtin

9 March 2010

The Commerce Commission has been advised that court proceedings have been filed against Commissioner Donal Curtin, relating to his private role as an investment adviser.

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Calf feed company fined for Fair Trading Act breach

5 March 2010

A company that manufactured and sold a calf feed that did not meet its advertised specifications has pleaded guilty to eight charges of breaching the Fair Trading Act. Mainfeeds Limited (formerly known as PCL Limited) has been fined $125,000 in the Auckland District Court today.

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Cartel leniency policy updated by Commerce Commission

1 March 2010

The Commerce Commission has today released its updated cartel leniency policy.

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February 2010

Recommendation on mobile termination delivered to Minister

22 February 2010

The Commerce Commission today delivered its final report on mobile termination access services to the Minister for Communications and Information Technology.

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Commerce Commission commences review of data price

19 February 2010

The Commerce Commission today commenced a review of the cost of data transmission in the unbundled bitstream access (UBA) standard terms determination.

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Draft decision released by Commerce Commission on VDSL services

18 February 2010

The Commerce Commission today released its draft decision on how the application of the unbundled bitstream access standard terms determination (UBA STD) relates to services delivered over VDSL.

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Commerce Commission receives revised undertakings from Telecom

11 February 2010

The Commerce Commission has been informed by Telecom that they will be providing revised undertakings in relation to the Commission's investigation into mobile termination rates.

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Retailer warned over voucher promotion

9 February 2010

The Commerce Commission is reminding retailers that, when offering free gifts or prizes, they should ensure that the fine print does not materially alter the terms of the offer.

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Trade Me seller warned against anti-competitive behaviour

3 February 2010

The Commerce Commission has issued a formal warning under the Commerce Act to Ernie Travers of Massey, Auckland, a Trade Me seller who, in the Commission's view, attempted to fix prices for LED bicycle lights with another online seller.

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January 2010

Refund process for text to win competitions

15 January 2010

A company that ran a series of text to win trivia competitions is offering refunds to consumers  who participated in the competitions.

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Insurance company to refund consumers over partial payments

14 January 2010

A company which provides payment protection insurance has admitted a possible breach of the Fair Trading Act and will pay affected consumers about $37,000 in an out of court settlement with the Commerce Commission.

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Telecom admits breaching Fair Trading Act - pays back $9.5m to customers

12 January 2010

In a settlement with the Commerce Commission, Telecom  New Zealand  Limited and Xtra Limited (Telecom) has admitted breaching the Fair Trading Act by misleading more than 130,000 broadband customers.

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Commerce Commission watching retailers' credit card surcharges

12 January 2010

The Commerce Commission is taking a close interest in the surcharges some retailers have introduced this week for consumers paying by credit card and will continue to monitor developments.

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