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December 2011

Commerce Commission Input Methodology processes upheld by High Court

23 December 2011

The Commerce Commission today welcomed a High Court judgment on a number of judicial review applications around the Commission's 2010 Input Methodology determinations. Justice Clifford found for the Commission on all but one of the challenges brought by Vector, Wellington international Airport, Christchurch International Airport and Transpower.

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High Court hands out $3million penalty in refrigerator compressor industry cartel case

22 December 2011

The High Court at Auckland has imposed a penalty of $3million against a major manufacturer of refrigerator compressors following a cartel investigation under the Commerce Act.

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Second electricity company to refund customers after Fair Trading Act breaches

20 December 2011

A second electricity company this year has admitted breaching the Fair Trading Act and will refund customers who weren't given a prompt payment discount with their final bills.

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IAG New Zealand Limited seeks clearance to acquire AMI Insurance

20 December 2011

The Commerce Commission has received an application from IAG New Zealand Limited (IAG) seeking clearance to acquire certain business assets of AMI Insurance.

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Mobile monitoring report shows continuation of early trends

20 December 2011

The Commerce Commission's second mobile monitoring report released today shows a continued narrowing of the difference between the costs of on-net and off-net calls and text messages. This has resulted in an increase in calling and text messaging between mobile networks.

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Commerce Commission releases issues paper on high speed broadband demand-side study

19 December 2011

The Commerce Commission has today released the first of three issues papers relating to the uptake of high speed broadband ahead of a public conference in February 2012. The paper examines the technical issues that the Commission has identified as being relevant to the uptake of high speed broadband services.

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GE Money settles with Commerce Commission on Fair Trading Act breach

19 December 2011

A settlement between the Commerce Commission and GE Money today will result in GE Money paying a $60,000 donation to the New Zealand Federation of Family Budgeting Services after admitting it breached the Fair Trading Act.

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Fonterra's proposed Kotahi joint venture unlikely to lessen competition - draft decision by Commerce Commission

16 December 2011

The Commerce Commission has reached a preliminary view that a proposed joint venture between Fonterra Co-operative Group Limited and Silver Fern Farms Limited would be unlikely to harm competition, and therefore does not need an authorisation under the Commerce Act.

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Telecommunications benchmarking report shows New Zealand broadband pricing is improving but fixed line calling remains expensive

15 December 2011

The Commerce Commission has released its second report that benchmarks New Zealand prices for fixed line and mobile telecommunications services against international prices.

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Seagate Technology granted clearance to acquire the hard disk drive business of Samsung Electronics

15 December 2011

The Commerce Commission has granted clearance for Seagate Technology Plc to acquire certain assets of the hard disk drive business of Samsung Electronics Co. Limited.

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"Outrageous" conduct leads to indefinite banning order for lender

6 December 2011

The Commerce Commission has welcomed a banning order, the first of its kind issued under the Credit Contracts and Consumer Finance Act, which indefinitely prevents bankrupt and convicted fraudster Trevor Allan Ludlow from setting up, operating or working in the consumer finance industry.

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November 2011

Commerce Commission publishes register of Chorus's wholesale customers

30 November 2011

The Commerce Commission today published a register of telecommunications companies who are wholesale customers of Chorus's telecommunications services.

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Commerce Commission authorises a restriction on the sale of refrigerants to safety certified customers only

29 November 2011

The Commerce Commission has authorised a proposal for refrigerant wholesalers to enter into a voluntary agreement which contains an exclusionary provision.

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Commerce Commission publishes three decisions that implement Telco Act amendments

24 November 2011

The Commerce Commission today released three decisions which follow recent amendments to the Telecommunications Act.

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Commerce Commission progresses default price-quality paths for gas pipeline services

21 November 2011

The Commerce Commission today announced it is seeking feedback on its draft decisions on the first default price-quality paths for gas pipeline services regulated under Part 4 of the Commerce Act 1986.

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Vodafone fined almost $82K for misleading mobile phone $1 a day customers

21 November 2011

Vodafone New Zealand Limited was fined $81,900 in the Auckland District Court today after being found guilty of breaching the Fair Trading Act in relation to its $1 a day mobile phone internet data charges.

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Second phone card company fined for misleading marketing

10 November 2011

Misleading consumers about the cost of using their prepaid phone card today earned an Auckland-based company a fine of $140,000 in the Auckland District Court before Judge Cunningham.  

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Commerce Commission settles timber claim against Carter Holt Harvey

9 November 2011

The Commerce Commission has agreed to a settlement with Carter Holt Harvey Limited (CHH) which ends civil proceedings brought by the Commission under the Fair Trading Act.

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Commerce Commission sets revenues for Transpower for the three years from mid-2012

1 November 2011

The Commerce Commission today announced the forecast maximum revenues that Transpower is able to earn for the three year period from April 2012.

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October 2011

Commerce Commission review shows improvement in electricity asset management planning

21 October 2011

Electricity distribution businesses (EDBs) have made real progress towards best practice in asset management planning, Commerce Commission Deputy Chair, Sue Begg said today. The Commission released a review of asset management plans disclosed by the EDBs for the period beginning 1 April 2011.

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Commerce Commission to appeal input methodology decision

21 October 2011

The Commerce Commission today announced that it will appeal against the recent High Court decision that it should have determined further input methodologies before seeking to reset starting prices for certain electricity distribution businesses (EDBs).

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Telecom refunds customers after inaccurate broadband meter readings

19 October 2011

Telecom has admitted breaching the Fair Trading Act after misleading some customers about the amount of broadband data they used.

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Go ahead for Commerce Commission freight forwarding cartel case against Kuehne + Nagel

18 October 2011

The High Court has given the Commerce Commission the go ahead to proceed to trial against Kuehne+Nagel International AG (Keuhne + Nagel) in relation to the Commission's ongoing freight forwarding cartel case.

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Telecom pays $31.6 million in compensation in settlement of sub-loop extension discrimination claim

14 October 2011

The Commerce Commission has reached a $31.6 million settlement with Telecom over alleged discrimination under the Telecom Separation Undertakings.

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Statement of preliminary issues for Pact Group's application to acquire the plastic pails business of Viscount Plastics

13 October 2011

The Commerce Commission has published a statement of preliminary issues relating to an application from Pact Group seeking clearance to acquire the plastic pails business of Viscount Plastics.

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Commerce Commission proposes changes to telecommunications standard terms determinations

12 October 2011

The Commerce Commission is proposing some minor changes to several telecommunications standard terms determinations (STDs).

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Commerce Commission reaches settlement over collusion in refrigerator compressor industry

10 October 2011

The Commerce Commission has agreed to a settlement with a major manufacturer of compressors following an investigation into cartel conduct.

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Statement of Preliminary Issues and timetable for Fonterra's authorisation application

7 October 2011

The Commerce Commission has published a statement of preliminary issues relating to an application received from Fonterra Co-operative Group Limited seeking authorisation for an agreement that it considers may be anti-competitive.

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Pact Group applies to acquire the plastic pails business of Viscount Plastics

5 October 2011

The Commerce Commission has received an application from Pact Group seeking clearance to acquire the plastic pails business of Viscount Plastics.

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Commission issues consultation paper on UFB information disclosure requirements

3 October 2011

The Commerce Commission today issued a consultation paper on Information Disclosure requirements for companies who will be building fibre networks as part of the Government's ultra-fast broadband (UFB) initiative.

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Poor lending practices cost Auckland finance company over $55,000

3 October 2011

The Commerce Commission is urging lower-tier lenders to get up to speed with consumer law after an Auckland-based finance company and its director were fined a total of $55,475 in the Auckland District Court on Thursday.

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September 2011

iSite granted clearance to acquire billboard assets of O.T.W. Advertising

30 September 2011

The Commerce Commission has granted clearance for Infratil Outdoor Media Limited, the owner of iSite Limited, to acquire up to 100 per cent of the billboard assets of O.T.W. Advertising Limited.

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Commission reaches preliminary view to authorise a proposal to restrict the sale of refrigerants

30 September 2011

The Commerce Commission has reached a preliminary view that the Refrigerant License Trust Board's proposal to restrict sales of refrigerants to trained and certified people is not likely to lessen competition in any market.

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Matariki Forests granted clearance to acquire the Canterbury forest assets of Selwyn Plantation Board

28 September 2011

The Commerce Commission has granted clearance for Matariki Forests to acquire the Canterbury forestry assets of the Selwyn Plantation Board.

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Bed company fined over $69,000 for misleading consumers about cancellation rights

28 September 2011

A company that sold high-priced “sleep systems” at invitational seminars has been fined $69,935 for misleading consumers about the right to cancel their contracts.

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Commerce Commission releases draft decision for the Low Frequency Voice Service

16 September 2011

The Commerce Commission today published its draft determination on the price and non-price terms for the Unbundled Copper Low Frequency Voice Service (UCLFS).  

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First mobile monitoring report shows encouraging early trends

15 September 2011

Four months after cutting wholesale termination rates for mobile calls and text messages, the Commerce Commission's first mobile monitoring report released today shows a small increase in calls and text messages between mobile networks.

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Commerce Commission receives authorisation application from Fonterra

14 September 2011

Fonterra Co-operative Group Limited  has applied to the Commerce Commission seeking authorisation under Section 58 of the Commerce Act for an agreement that may be anti-competitive.     Fonterra  have formed a limited partnership  with Silver Fern Farms Limited to create Kotahi Logistics.

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Telecom and Sprint comply with Telecommunications Service Obligations

13 September 2011

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 2010 to 30 June 2011.

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Commission's draft decision results in small price reductions for Unbundled Copper Local Loop Service

9 September 2011

The Commerce Commission today published its draft review of prices for the Unbundled Copper Local Loop Service (UCLL).  

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Statement of Preliminary Issues for iSite's application to acquire O.T.W.

5 September 2011

The Commerce Commission has published a statement of preliminary issues relating to an application received from iSite Limited seeking clearance to acquire up to 100 per cent of the billboard assets of O.T.W Advertising Limited (OTW).

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Competition for wholesale broadband services remains limited says Commerce Commission

2 September 2011

The Commerce Commission today published its review of access to competitive broadband services and concluded that Telecom faces limited competition in this market.

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Prepaid phone card company fined $100,000 for misleading posters

1 September 2011

A company that misled consumers about what it would really cost them when they used their prepaid phone cards has been fined $100,000 in the Auckland District Court for breaches of the Fair Trading Act.

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August 2011

Commission executes search warrants in 'Made in New Zealand' crackdown

26 August 2011

Commerce Commission staff yesterday executed a number of search warrants in Rotorua and Auckland in relation to an ongoing investigation in the tourism souvenir sector.

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Commerce Commission gets green light to proceed with air cargo price-fixing case

26 August 2011

The Commerce Commission has succeeded in the first phase of its trial against the defending airlines in the Commission's air cargo price-fixing case.

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iSite Limited applies for clearance to acquire billboard assets of O.T.W Advertising Limited

25 August 2011

The Commerce Commission has received an application from iSite Limited seeking clearance to acquire up to 100 per cent of the billboard assets of O.T.W Advertising Limited.

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GEA granted clearance to acquire Nu-Con

24 August 2011

The Commerce Commission has granted clearance for GEA Process Engineering A/S to acquire 100 per cent of the shares in Nu-Con Limited.

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Commission releases approach for setting starting prices for gas pipeline businesses

22 August 2011

The Commerce Commission today released a discussion paper outlining our proposed approach to the setting of starting prices for gas pipeline businesses subject to default price-quality paths (DPPs) under Part 4 of the Commerce Act 1986.

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Commerce Commission cautions sunbed industry over claims

22 August 2011

The Commerce Commission today put sunbed operators and distributors on notice about the risks of making false or misleading claims about the health benefits and risks of sunbed use.

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Insurance company to refund customers after Fair Trading Act breach

19 August 2011

An insurance company has admitted breaching the Fair Trading Act by failing to adequately disclose that an administration fee would be charged for cancelling private vehicle insurance.

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Vodafone guilty of misleading Vodafone Live! customers: fined $400K

12 August 2011

Vodafone New Zealand Limited was fined over $400,000 in the Auckland District Court today after pleading guilty to breaching the Fair Trading Act in relation to its Vodafone Live! mobile phone internet service.

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Christchurch car company pleads guilty to Fair Trading Act breaches

9 August 2011

A Christchurch based car company has pleaded guilty to 55 charges of breaching the Fair Trading relating to sales made on Trade Me.

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Price control inquiry into milk not warranted

2 August 2011

The Commerce Commission has completed its review of domestic milk markets and has concluded that there is no valid basis for a price control inquiry under Part 4 of the Commerce Act at this time.

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Gyms told to shape up over members contracts

1 August 2011

The gym industry is being advised by the Commerce Commission that many gyms may be breaking consumer credit law when customers pay for membership by instalments.

 

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July 2011

Commerce Commission completes review of wholesale UBA price

28 July 2011

The Commerce Commission has released its final determination of unbundled bitstream access (UBA) pricing following a review of UBA pricing components (including overage, ISP services, bundle discounts and data transmission).

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Commerce Commission authorises merger of Southern Cross and Aorangi Hospitals in Palmerston North

28 July 2011

The Commerce Commission has authorised the merger of the Palmerston North private hospital operations of Southern Cross Hospitals Limited and Aorangi Hospital Limited.

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Commission proposes adjustments to prices for electricity distribution services

19 July 2011

The Commerce Commission has issued a draft decision to reset regulatory controls for 16 electricity distribution businesses from 2012-2015.

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Statement of preliminary issues for Seagate's clearance application to acquire Samsung hard disk drive business

15 July 2011

The Commerce Commission has published a statement of preliminary issues relating to an application received from Seagate Technology Plc seeking clearance to acquire certain assets of the hard disk drive business of Samsung Electronics Co. Limited.

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Competition improves broadband browsing speed says Commerce Commission

14 July 2011

The performance of New Zealand's broadband services is continuing to improve according to a report released by the Commerce Commission today.

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GEA applies for clearance to acquire Nu-Con

11 July 2011

The Commerce Commission has received an application from GEA Process Engineering A/S seeking clearance to acquire 100 percent of the shares in Nu-Con Limited.

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Refrigerant License Trust Board applies for authorisation regarding supply of refrigerants

8 July 2011

The Commerce Commission has received an application under its streamlined authorisation process from the Refrigerant License Trust Board (RLTB).

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Seagate Technology applies for clearance to acquire the hard disk drive business of Samsung Electronics

6 July 2011

The Commerce Commission has received an application from Seagate Technology Plc seeking clearance to acquire certain assets of the hard disk drive business of Samsung Electronics Co. Limited.

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Commerce Commission releases draft capital expenditure input methodology for Transpower

1 July 2011

The Commerce Commission has released its draft determination and reasons paper on an input methodology for approving Transpower New Zealand Limited's capital expenditure proposals.

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Commerce Commission reaches preliminary view to approve Palmerston North private hospital merger

1 July 2011

The Commerce Commission has reached a preliminary view that it should allow Southern Cross Hospitals Limited and Aorangi Hospital Limited to merge their Palmerston North private hospitals.

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June 2011

Statement of preliminary issues for Matariki Forests' clearance application to acquire the Selwyn Plantation Board

29 June 2011

The Commerce Commission has published a statement of preliminary issues relating to an application received from Matariki Forests seeking clearance to acquire the forestry assets of the Selwyn Plantation Board.

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Commerce Commission grants Comfort Group clearance to acquire Dunlop Living

24 June 2011

The Commerce Commission has granted clearance for New Zealand Comfort Group Limited to acquire all of the business assets of Dunlop Living Limited.

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Matariki Forests applies for clearance to acquire the Selwyn Plantation Board's forestry assets

23 June 2011

The Commerce Commission has received an application from Matariki Forests seeking clearance to acquire the forestry assets of the Selwyn Plantation Board.

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Contact Energy to refund overcharged customers $280,000 for Fair Trading breaches

17 June 2011

Contact Energy has admitted breaching the Fair Trading Act in relation to misleading some customers about the amount payable for final bills.

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$5.2 million in new penalties for price fixing in freight forwarding industry

14 June 2011

The High Court at Auckland has ordered three international freight forwarding companies to pay penalties totalling $5.2 million plus costs for breaches of the Commerce Act.

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Commerce Commission authorises Cavalier Wool's purchase of Wool Services International's wool scouring assets

10 June 2011

The Commerce Commission has decided to authorise Cavalier Wool Holding's acquisition of all of the wool scouring assets of New Zealand Wool Services International. If the acquisition occurs, Cavalier Wool will be the only wool scourer in New Zealand.

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Commerce Commission seeks submissions on UBA competition review

8 June 2011

The Commerce Commission is seeking submissions on a revised draft report on whether Telecom faces competition in providing the unbundled bitstream access (UBA) service.

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May 2011

Another company fined for misleading representation of royal jelly

30 May 2011

A company that imported Chinese powdered royal jelly, and sold it in capsules claiming it was “Made in New Zealand' has been fined $11,400 in the Auckland District Court for breaches of the Fair Trading Act.

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Commerce Commission to issue proceedings against Telecom for discriminating against other telco companies

26 May 2011

The Commerce Commission is to issue proceedings alleging that Telecom is likely to have discriminated under the Telecom Separation Undertakings.

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Southern Cross Health Trust and Aorangi Hospital apply for authorisation to form joint venture

25 May 2011

The Commerce Commission has received a joint application under its streamlined authorisation process from Southern Cross Health Trust and Aorangi Hospital Limited.

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Commerce Commission releases terms of reference for high speed broadband demand side study

17 May 2011

The Commerce Commission has today released the final terms of reference for a study into what drives demand for high speed broadband services.

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Statement of preliminary issues for New Zealand Comfort Group's clearance application to acquire Dunlop Living

13 May 2011

The Commerce Commission has published a statement of preliminary issues relating to an application received from New Zealand Comfort Group Limited seeking clearance to acquire the business assets of Dunlop Living Limited.

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Court awards highest penalty to date in price fixing

12 May 2011

The High Court has ordered Qantas Airways Ltd to pay a $6.5 million penalty for breaches of the Commerce Act, the highest penalty to date in New Zealand for price fixing.

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Commerce Commission appeals ruling in cardboard cartel case

6 May 2011

The Commerce Commission is filing an appeal against a High Court decision last month that limited the Commission's case in respect of a cartel in the cardboard box industry.

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New Zealand Comfort Group applies for clearance to acquire Dunlop Living

6 May 2011

The Commerce Commission has received an application from New Zealand Comfort Group Limited, formerly Sleepyhead Manufacturing Company Limited, seeking clearance to acquire all the assets of Dunlop Living Limited.

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Commerce Commission cuts mobile termination rates

5 May 2011

The Commerce Commission today released its decision on mobile termination rates - the cost of carrying a text or call on another network.

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Commerce Commission concludes Telecom's regulatory financial statements are unreliable

3 May 2011

The Commerce Commission today published its summary and analysis of Telecom's regulatory financial statements for the year ending 30 June 2010.  

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Commerce Commission to hold conference on Cavalier Wool's application to take over New Zealand Wool Services International

2 May 2011

The Commerce Commission will hold a conference this week to discuss matters relating to Cavalier Wool's application seeking authorisation to acquire the assets of and/or shares in New Zealand Wool Services International.

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April 2011

Competition in telecommunications continues to improve but challenges remain says Commerce Commission

29 April 2011

The Commerce Commission has today released its 2009/10 telecommunications monitoring report analysing the state of New Zealand telecommunications markets.

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Airlines' information request case resolved

27 April 2011

The Commerce Commission has withdrawn charges against Singapore Airlines Cargo Pte Ltd and Cathay Pacific Airways Ltd for failing to supply information in relation to the Commission's air cargo price-fixing case.

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Commerce Commission seeks submissions on proposed changes to UBA pricing methodology

21 April 2011

The Commerce Commission is seeking submissions on proposed changes to its methodology to calculate Telecom's unbundled bitstream access (UBA) price.

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Commerce Commission narrows focus of air cargo cartel case before trial

20 April 2011

The Commerce Commission today filed discontinuances against PT Garuda Indonesia and six Air New Zealand executives as it continues to refine its air cargo cartel case leading up to the first hearing next month.

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Record Commerce Act penalty against Telecom for price squeeze

19 April 2011

The High Court in Auckland has imposed a $12 million penalty against Telecom for breaching section 36 of the Commerce Act in the so-called 'data tails' case.

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Commerce Commission issues draft determination on wool scouring assets application

13 April 2011

The Commerce Commission has reached a preliminary view that it should allow Cavalier Wool Holdings to acquire up to 100 per cent of New Zealand Wool Services International's wool scouring assets and stock (and/or the shares in New Zealand Wool Services International).  

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Commerce Commission releases updated approach for resetting starting prices

11 April 2011

The Commerce Commission has today released an update paper outlining its current views on how to set starting prices for electricity distribution businesses subject to default price-quality paths (DPP) under Part 4 of the Commerce Act.

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Don't fall for DNA scam

7 April 2011

The Commerce Commission is warning people not to fall for a scam that has been circulating in Australia and has now hit New Zealand. It involves a supposed DNA testing kit, which has been turning up unsolicited in mail boxes.

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Promoter of property schemes to pay reparation for Fair Trading Act breaches

6 April 2011

The Commerce Commission has concluded action under the Fair Trading Act against the promoter of property schemes in which vulnerable consumers were misled into thinking they were buying properties.

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Commerce Commission consults on demand side study draft terms of reference

5 April 2011

The Commerce Commission has today released draft terms of reference for a demand side study.

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$7.6 million in penalties imposed against two airlines in air cargo cartel case

5 April 2011

The High Court in Auckland has today imposed penalties against two of the international airlines charged in a major cartel proceeding brought by the Commerce Commission.

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Commerce Commission decides rugby union authorisation no longer required

1 April 2011

The Commerce Commission has revoked an authorisation granted to the New Zealand Rugby Union (NZRU), relating to salary cap arrangements and player movement regulations, as it is no longer required.

 

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March 2011

Commerce Commission to examine whether a dairy price control inquiry is warranted

30 March 2011

The Commerce Commission is undertaking preliminary analysis to determine whether a price control inquiry into retail milk is warranted under Part 4 of the Commerce Act.

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Competitive services have not developed for UBA backhaul links, says Commerce Commission

23 March 2011

The Commerce Commission today announced that no competitive services have developed for unbundled bitstream access (UBA) backhaul links.

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Settlements in cartel case as Commerce Commission prepares for Court

18 March 2011

The Commerce Commission has reached settlements with three international airlines charged in a major cartel proceeding, ahead of the first hearing in the case scheduled for May this year.

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Bathroom and flooring supplier settles over misleading customers

17 March 2011

Bathroom and flooring supplier Spazio Casa Limited has entered into a settlement with the Commerce Commission following multiple breaches of the Fair Trading Act.

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Court of Appeal rules on use of confidentiality orders

11 March 2011

The Commerce Commission welcomes yesterday's judgment by the Court of Appeal in relation to the Commission's use of confidentiality orders in a major cartel investigation.

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More UCLL backhaul links are competitive, says Commerce Commission

9 March 2011

The Commerce Commission today announced that 88 unbundled copper local loop (UCLL) backhaul links are now competitive.

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Commerce Commission considers revoking Rugby Union decision

9 March 2011

The Commerce Commission is considering revoking its decision that authorised the New Zealand Rugby Union (NZRU) to have a salary cap and player movement regulations.

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Cost of capital for regulated services determined

4 March 2011

The Commerce Commission today released its determination specifying the weighted average cost of capital (WACC) for regulated services under Part 4 of the Commerce Act.

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Commerce Commission grants clearance to Interpipe to acquire Fletcher Concrete's Hamilton pipe plant

4 March 2011

The Commerce Commission has granted clearance for Interpipe Holdings Limited (trading as Waters & Farr) to acquire Fletcher Concrete and Infrastructure Limited's vertical drycast technology concrete pipe plant located in Hamilton.

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Commerce Commission to take wider look at UBA pricing

3 March 2011

The Commerce Commission has launched a review of Unbundled Bitstream (UBA) broadband pricing.

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February 2011

Commerce Commission grants clearance to Fletcher Building to acquire Crane Group

25 February 2011

The Commerce Commission has granted clearance for Fletcher Building Limited to acquire up to 100 per cent of the ordinary shares of the Crane Group Limited.

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Waters & Farr applies for clearance to acquire Fletcher Concrete's VT concrete pipe plant

9 February 2011

The Commerce Commission has received an application from Interpipe Holdings Limited (trading as Waters & Farr) seeking clearance to acquire Fletcher Concrete and Infrastructure Limited's vertical drycast technology (VT) concrete pipe plant at Ruffell Road, Hamilton.

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Cavalier Wool Holdings applies for authorisation to acquire New Zealand Wool Services International

9 February 2011

The Commerce Commission has received an application from Cavalier Wool Holdings seeking authorisation to acquire up to 100 per cent of New Zealand Wool Services International's wool scouring assets and stock or any interconnected body corporate of that company; and/or
the shares in New Zealand Wool Services International.

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Sonoco granted clearance to acquire T.T.L. Pacific

4 February 2011

The Commerce Commission has granted clearance for Sonoco New Zealand Limited to acquire the business assets of T.T.L. Pacific Limited.

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Southern Cross Finance to refund almost $700,000 in unreasonable loan establishment fees

3 February 2011

In a settlement with the Commerce Commission, Southern Cross Finance Limited has admitted charging unreasonable loan establishment fees and will refund just under $700,000 to 250 customers it overcharged between July 2006 and October 2009.

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January 2011

Christchurch International Airport Limited granted clearance to acquire Craddocks Car Storage

27 January 2011

The Commerce Commission has granted clearance for Christchurch International Airport Limited to acquire Craddocks Car Storage.

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Statement of preliminary issues available for Fletcher Building's clearance application to acquire Crane Group

20 January 2011

The Commerce Commission has published a statement of preliminary issues relating to an application received from Fletcher Building Australia Pty Limited seeking clearance to acquire 100 per cent of the ordinary shares in Crane Group Limited

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Fans warned not to be let down by scam Rugby World Cup 2011 ticket offers

20 January 2011

Rugby fans around the world are being urged to take care when purchasing tickets for Rugby World Cup 2011 as a result of a number of fraudulent and deceptive websites claiming to offer tournament tickets.

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More false royal jelly claims see trader fined $12,750

18 January 2011

In the fourth case of its kind over the last year, an Auckland businessman has admitted making claims that were likely to mislead consumers as to the country of origin and potency of royal jelly products.

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