December 2015
Coty seeks clearance to acquire certain fragrance and cosmetics business of Procter and Gamble
23 December 2015
The Commerce Commission has received an application from Coty Inc. seeking clearance to acquire a significant part of the global hair care, colouring and styling, colour cosmetics and fragrance businesses of the Procter and Gamble Company.
Relates to: Business Competition
Commission reaches agreement to repackage Nurofen specific pain range
23 December 2015
The Commerce Commission has reached an agreement with Reckitt Benckiser (New Zealand) Limited under which the pharmaceutical company will stop New Zealand sales of its Nurofen specific pain range products in their current packaging by March 2016
Relates to: Fair Trading
Commerce Commission stops mobile trader and secures refunds for customers
22 December 2015
The Commission has accepted an enforceable undertaking from mobile trader Sales Concepts Limited (Sales Concepts).
Relates to: Fair Trading, Consumer Credit
Livestock companies fined over $3 million in price fixing case
22 December 2015
PGG Wrightson and Rural Livestock have been fined $2.7 million and $475,000 respectively in separate penalty hearings in the Auckland High Court for price fixing in connection with the introduction of the National Animal Identification Tracing Act 2012 (NAIT Act). PGG Wrightson has also agreed to pay $50,000 towards the Commission’s investigation costs.
Relates to: Business Competition
Spark seeks clearance to acquire radio spectrum
21 December 2015
The Commerce Commission has received an application from Spark New Zealand Trading Limited (Spark) seeking clearance to acquire the management rights to 70MHz of radio spectrum in the 2300MHz band from Craig Wireless Spectrum Operations Limited (Craig NZ) and Woosh Wireless Holdings Limited (Woosh NZ).
Relates to: Business Competition, Telecommunications
Decision date extension for Z Energy’s application to acquire Chevron NZ
18 December 2015
On 1 July 2015, Z Energy Limited (Z Energy) registered an application with the Commerce Commission seeking clearance to acquire 100% of the shares in Chevron New Zealand (Chevron), the owner of the Caltex brand in New Zealand.
Relates to: Business Competition
Commission files court proceedings against real estate agencies
17 December 2015
The Commerce Commission has filed proceedings in the Auckland High Court for alleged price fixing and anti-competitive behaviour by 13 national and regional real estate agencies, a company owned by a number of national real estate agencies, and 3 individuals.
Relates to: Business Competition
Commission releases investigation guidelines
17 December 2015
The Commerce Commission has released guidelines designed to help traders and consumers understand how it investigates competition and consumer matters.
Relates to: Fair Trading, Consumer Credit, Business Competition
Commission releases final decision on wholesale broadband prices
15 December 2015
The Commerce Commission has today released its final decision setting the prices that Chorus can charge for use of its local copper lines and broadband service over the next five years. These are wholesale prices that Chorus charges retail telecommunications companies.
Relates to: Telecommunications
Commission releases final report on Fonterra’s 2015/16 Milk Price Manual
15 December 2015
The Commerce Commission today released its final report on its statutory review of Fonterra’s Milk Price Manual for the 2015/16 dairy season.
Relates to: Dairy
Auckland money lender found guilty and fined
14 December 2015
Unlicensed money lender, Sunway Finance Limited (Sunway), was fined $30,000 in Auckland District Court and all of its loan contracts were extinguished. As a consequence, debtors do not have to pay back any outstanding money under these loans.
Relates to: Consumer Credit
Commission urges Flexi Buy customers to come forward
14 December 2015
Customers of mobile trader Flexi Buy Limited, who purchased goods but never received them, are being asked to contact the Commerce Commission.
Relates to: Fair Trading
Final decision on liability allocation for telecommunications providers
9 December 2015
The Commerce Commission has released its final decision about how much 18 telecommunications providers will pay towards the $50 million Telecommunications Development Levy (TDL) for 2014/15.
Relates to: Telecommunications
Retailers reminded to avoid misleading consumers with exaggerated discounts
9 December 2015
The Commerce Commission is reminding retailers of their responsibilities as the holiday shopping season heats up.
Relates to: Fair Trading
Commerce Commission clears merger of Vocus and M2
4 December 2015
The Commerce Commission has given clearance for Vocus Communications Limited (Vocus) to acquire up to 100% of the shares and/or assets in M2 Group Limited.
Relates to: Business Competition
Canterbury construction company charged over building guarantee
3 December 2015
The Commerce Commission has filed charges against construction business Flaxmill Limited (Flaxmill) and its director, Gerard James Thomson, in the Christchurch District Court.
Relates to: Fair Trading
Waste oil firm fined $425k for attempted anti-competitive behaviour
3 December 2015
Enviro Waste Services Limited has been fined $425,000 in the Auckland High Court following a Commerce Commission investigation into attempted anti-competitive conduct in relation to the collection of waste oil in the upper South Island.
Relates to: Fair Trading
Gas companies respond well to new disclosure requirements
2 December 2015
The Commerce Commission has welcomed the high level of compliance from gas pipeline companies in meeting new requirements to disclose how they are managing their assets.
Relates to: Gas Pipelines
Commission concludes Christchurch auctioneer investigation
1 December 2015
McCormack and McKellar Auctioneers have been issued with a warning by the Commerce Commission after failing to disclose they owned a Tom Esplin painting they were auctioning.
Relates to: Fair Trading
Yoghurt Story New Zealand and Frozen Yoghurt charged by Commission
1 December 2015
Yoghurt Story New Zealand Limited (Yoghurt Story) and Frozen Yoghurt Limited (Frozen Yoghurt) today appeared in Auckland District Court facing charges brought by the Commerce Commission.
Relates to: Fair Trading
November 2015
Commission welcomes commercial resolution at Eastland Port
25 November 2015
The Commerce Commission has welcomed the commercial agreement reached between Eastland Port and forestry customers and confirmed its proposed inquiry into the Port’s pricing under Part 4 of the Commerce Act will now not proceed.
Relates to:
Commerce Commission wins Plain English Award
20 November 2015
The Commerce Commission has won the Best Plain English Document – Public Sector award for its latest ‘Know your rights’ brochure – Borrowing money or buying goods on credit: Know your rights, at the 2015 Plain English Awards last night.
Relates to: Consumer Credit
Commission warns public about Blazing Whale and November Rain travel scratchie scams
20 November 2015
The Commerce Commission is warning the public to be wary of two travel scratchie scams being run from Malaysia and appearing in New Zealanders’ mail boxes.
Relates to: Fair Trading
Commerce Commission supports Fraud Awareness Week
16 November 2015
The Commission is reminding New Zealand small businesses to remain vigilant about avoiding scams as it supports Fraud Awareness Week, which runs until Saturday.
Relates to: Fair Trading
Commission approves Cavalier’s application to acquire NZ Wool Services
13 November 2015
The Commerce Commission has issued its final determination approving Cavalier Wool Holdings’ (Cavalier) application to acquire New Zealand Wool Services International's (NZWSI) wool scouring business and assets.
Relates to: Business Competition
Small businesses targeted by costly Global Map Index directory service
13 November 2015
The Commerce Commission is warning New Zealand businesses to be wary of unsolicited mail which asks them to update their company details after receiving complaints about a trader called Global Map Index.
Relates to: Fair Trading
Final decisions on fast track amendments for customised paths
12 November 2015
The Commerce Commission has today published amendments that provide more flexibility for gas and electricity distributors when applying for a customised price-quality path (CPP).
Relates to: Pan Industry Projects
Commission clears Wilson Parking to acquire Tournament leases in Newmarket and Wellington
12 November 2015
The Commerce Commission has given clearance for Wilson Parking New Zealand Limited (Wilson Parking) to acquire five car park leases from Tournament Parking Limited (Tournament).
Relates to: Business Competition
Transpower’s maximum allowable revenues reviewed and adjusted for 2016/17 to 2019/20 pricing years
11 November 2015
The Commerce Commission has completed its review of Transpower’s proposed update to the forecast maximum allowable revenue (forecast MAR) for the 2016/17 to 2019/20 pricing years.
Relates to: Electricity
Update on Z Energy’s application to acquire Chevron NZ
10 November 2015
On 1 July 2015, Z Energy Limited (Z Energy) registered an application with the Commerce Commission seeking clearance to acquire 100% of the shares in Chevron New Zealand (Chevron), the owner of the Caltex brand in New Zealand.
Relates to: Business Competition
Commission releases draft amendments to airport land valuation rules
10 November 2015
The Commerce Commission has today released draft amendments for consultation on the application of the airport land valuation rules as part of the input methodologies review.
Relates to: Pan Industry Projects
Statement of preliminary issues for Tennex acquisition of San-i-pak
10 November 2015
The Commerce Commission has published a statement of preliminary issues relating to an application from Tennex Capital Limited to acquire the medical and quarantine waste business of San-i-pak Limited.
Relates to: Business Competition
Commission releases draft report on dairy sector competition in NZ
6 November 2015
The Commerce Commission has today released its draft report for consultation on the state of competition in New Zealand’s dairy industry.
Relates to: Dairy
Baa Baa Beads warned over health claims
6 November 2015
Wholesaler and online retailer ‘Baa Baa Beads’ has received a warning from the Commerce Commission after it failed to substantiate its claims about the therapeutic benefits of its Baltic amber products.
Relates to: Fair Trading
Statement of preliminary issues for merger of Vocus and M2
5 November 2015
The Commerce Commission has published a statement of preliminary issues relating to an application from Vocus Communications Limited to acquire the shares and/or assets of M2 Group Limited.
Relates to: Business Competition
Commission files further court proceedings in livestock case
5 November 2015
The Commerce Commission has filed court proceedings against Rural Livestock Limited for alleged price fixing in connection with the introduction of the National Animal Identification Tracing Act 2012 (NAIT Act).
Relates to: Fair Trading, Business Competition
October 2015
Commission updates process for input methodologies review
30 October 2015
The Commerce Commission has today released a process update paper confirming the key topics and next steps for the input methodologies review.
Relates to: Pan Industry Projects
Statement of preliminary issues for Rheem to acquire Peter Cocks
28 October 2015
The Commerce Commission has published a statement of preliminary issues relating to an application from Rheem New Zealand Limited (Rheem) to acquire the business and assets of Peter Cocks (2010) Limited (Peter Cocks).
Relates to: Business Competition
Commission prosecutes business over unsafe Transforma Ladders
27 October 2015
Brand Developers Limited (BDL) has been fined $153,000 in Auckland District Court for charges relating to wrongly claiming that its Transforma ladders had a certified load rating of 180kg and for selling ladders in breach of an Unsafe Goods Notice prohibiting their sale.
Relates to:
Commission releases draft decision on liability allocation for telecommunications providers
22 October 2015
The Commerce Commission today released its draft decision about how much 18 telecommunications providers will pay towards the $50 million Telecommunications Development Levy (TDL) for 2014/15.
Relates to: Telecommunications
Tennex applies for clearance to acquire San-i-pak
21 October 2015
Tennex Capital Limited (Tennex) has applied to the Commerce Commission for clearance to acquire the medical and quarantine waste business of San-i-pak Limited (San-i-pak).
Relates to: Business Competition
Commission releases draft report on Fonterra’s 2015/16 Milk Price Manual
15 October 2015
The Commerce Commission today released its draft report on its statutory review of Fonterra’s Milk Price Manual for the 2015/16 dairy season.
Relates to: Dairy
Rheem applies for clearance to acquire Peter Cocks
15 October 2015
Rheem New Zealand Limited (Rheem) has applied to the Commerce Commission for clearance to acquire the business and assets of Peter Cocks (2010) Limited (Peter Cocks).
Relates to: Business Competition
Cost of capital amendments no longer on fast track under IMs review
9 October 2015
The Commerce Commission has decided not to progress fast tracking potential changes concerning the cost of capital for customised price-quality paths (CPPs) as part of the input methodologies (IMs) review. Those changes will now be considered as part of the main review scheduled for completion in December 2016.
Relates to: Pan Industry Projects
Vocus seeks clearance to merge with M2
9 October 2015
The Commission has received an application from Vocus Communications Limited seeking clearance to acquire up to 100% of the shares and/or assets of M2 Group Limited.
Relates to: Business Competition, Telecommunications
Manufacturing firm warned over anti-competitive roofing products agreement
7 October 2015
The Commerce Commission has issued a formal warning to manufacturing firm Consolidated Alloys (N.Z.) Limited (CA) over the inclusion of an anti-competitive clause in a negotiated settlement with roofing products competitor Edging Systems (NZ) Limited (ESL).
Relates to: Business Competition
Commerce Commission clears Beijer to acquire Realcold
7 October 2015
The Commission has given clearance for B100 Limited, a newly incorporated subsidiary of the Swedish refrigeration group Beijer Ref AB, to acquire the business and assets of Realcold Limited.
Relates to: Business Competition
Settlement payments completed in interest rate swaps case
7 October 2015
The Commerce Commission has completed administering the payment funds established by the settlements in the interest rate swaps investigations, with over $22 million now paid to complainants and rural charities.
Relates to: Business Competition
Loan shark targeting Chinese community fined and banned indefinitely
6 October 2015
Yuan Rong Yang, former owner of Sunway Finance Limited and money lender to Auckland’s Chinese community for at least 17 years, has been fined $22,500 and banned from lending indefinitely in Auckland District Court.
Relates to: Consumer Credit
Commerce Commission clears FedEx to acquire TNT
2 October 2015
The Commission has given clearance to FedEx to acquire all the shares in TNT.
Both FedEx and TNT are global companies active in the provision of logistics, freight and small package delivery services.
Relates to: Business Competition
Commission issues second draft determination on wool scouring assets application
1 October 2015
The Commerce Commission has released a second draft determination maintaining its preliminary view that it should allow Cavalier Wool Holdings (CWH) to acquire New Zealand Wool Services International's (NZWSI) wool scouring business and assets.
Relates to: Business Competition
September 2015
Commission files court proceedings in waste oil case
29 September 2015
The Commerce Commission has filed proceedings against Enviro Waste Services Limited and one individual for attempted anti-competitive conduct in relation to the collection of waste oil in the upper South Island.
Relates to: Business Competition
Commission releases consumer issues report
24 September 2015
The Commerce Commission have today released a report which identifies current issues and emerging risks that have the potential to affect markets or consumers.
Relates to: Fair Trading, Consumer Credit
Commerce Commission clears Evolution to acquire Austron
21 September 2015
The Commission has given clearance to Evolution Healthcare (NZ) Pty Limited to acquire all of the shares in Austron Limited, subject to Evolution selling Boulcott Hospital.
Relates to: Business Competition
Commission releases final report on 2014/15 review of Fonterra’s base milk price calculation
15 September 2015
The Commerce Commission today released its final report on Fonterra’s base milk price calculation for the 2014/15 dairy season. The base milk price is the price Fonterra pays to farmers for raw milk and is currently set by Fonterra at $4.40 per kilogram of milk solids for the 2014/15 season.
Relates to: Dairy
Draft decision on first fast track amendments for customised price paths
7 September 2015
The Commerce Commission has today published draft amendments that would provide more flexibility for gas and electricity distributors when applying for a customised price-quality path (CPP).
Relates to: Pan Industry Projects
Commission files charges against mobile trader
1 September 2015
The Commerce Commission has filed charges against a mobile trader for breaches of the Crimes Act 1961 and Fair Trading Act 1986.
Relates to: Fair Trading
August 2015
Commission releases report on mobile trader industry
27 August 2015
The Commerce Commission has today released a report detailing the findings of its year-long project looking at mobile traders, commonly known as truck shops.
Relates to: Fair Trading, Consumer Credit
Statement of preliminary issues for Beijer to acquire Realcold
26 August 2015
The Commerce Commission has published a statement of preliminary issues relating to an application from B100, a newly incorporated subsidiary of Swedish refrigeration group Beijer Ref AB (Beijer), to acquire the business and assets of Realcold Limited (Realcold).
Relates to: Business Competition
Statement of preliminary issues for Wilson Parking’s application to acquire Tournament leases
25 August 2015
The Commerce Commission has published a statement of preliminary issues relating to an application from Wilson Parking New Zealand Limited (Wilson Parking) to acquire leases for ten car parks from Tournament Parking Limited (Tournament).
Relates to: Business Competition
Commission reconvenes conference on wool scouring authorisation
24 August 2015
The Commerce Commission is to reconvene its conference on Cavalier Wool Holding Limited’s application for authorisation to acquire New Zealand Wool Services International's wool scouring business.
Relates to: Business Competition
Evolution Healthcare applies for clearance to acquire Austron
19 August 2015
The Commerce Commission has received an application from Evolution Healthcare (NZ) Pty Ltd to acquire Austron Limited.
Relates to: Business Competition
Commission releases draft report on 2014/15 review of Fonterra’s base milk price calculation
17 August 2015
The Commerce Commission today released its draft report on Fonterra’s base milk price calculation for the 2014/15 dairy season.
Relates to: Dairy
Wilson Parking applies for clearance to acquire Tournament Parking
14 August 2015
Wilson Parking New Zealand Limited (Wilson Parking), a car park business operating throughout New Zealand, has applied to the Commerce Commission for clearance to acquire the leases of 10 car parking sites currently operated by Tournament Parking Limited (Tournament).
Relates to: Business Competition
Statement of preliminary issues for FedEx’s application to acquire TNT
14 August 2015
The Commerce Commission has published a statement of preliminary issues relating to an application from FedEx Corporation to acquire all of the shares in TNT Express N.V.
Relates to: Business Competition
Beijer Ref applies for clearance to acquire Realcold
12 August 2015
B100 Limited, a newly incorporated subsidiary of the Swedish refrigeration group Beijer Ref AB (Beijer Ref), has applied to the Commerce Commission for clearance to acquire the business and assets of Realcold Limited (Realcold).
Relates to: Business Competition
Commission to fast track customised price path amendments
7 August 2015
The Commerce Commission has decided to fast track the consideration of amendments to certain rules relating to customised price-quality paths (CPPs), as part of the input methodologies review announced in June.
Relates to: Pan Industry Projects
Statement of preliminary issues for Z’s application to acquire Chevron New Zealand
6 August 2015
The Commission has published a statement of preliminary issues relating to Z Energy Limited’s application to acquire 100% of the shares in Chevron New Zealand, the owner of the Caltex brand in New Zealand.
Relates to: Business Competition
Commission confirms North Island Grid Upgrade Project decision
6 August 2015
The Commerce Commission has today released its final decision increasing the amount Transpower can recover for the North Island Grid Upgrade (NIGU) Project by $52.3 million.
Relates to: Electricity
Small businesses targeted by Corporate Portal invoicing scam
4 August 2015
The Commerce Commission is warning New Zealand small business owners of an invoicing scam undertaken through the post by a German company which operates a website called Corporate Portal New Zealand.
Relates to: Fair Trading
Commission files court proceedings against livestock companies
3 August 2015
The Commerce Commission has filed court proceedings against PGG Wrightson, Elders New Zealand and five individuals for alleged price fixing in connection with the introduction of the National Animal Identification Tracing Act 2012 (NAIT Act).
Relates to: Business Competition
Commission wool scouring conference deferred
3 August 2015
Yesterday the Commerce Commission was provided with new confidential information in relation to the property valuations involved in Cavalier Wool Holdings Limited’s application to acquire 100% of New Zealand Wool Services International’s wool scouring business and assets.
Relates to: Business Competition
July 2015
FedEx applies for clearance to acquire TNT
31 July 2015
FedEx Corporation (FedEx), a United States based provider of transportation and delivery services, has applied to the Commerce Commission for clearance to acquire all of the shares in TNT Express N.V. (TNT), a Netherlands based international delivery company.
Relates to: Business Competition
More NZ businesses agree to end ‘opt out’ pricing
30 July 2015
The Commerce Commission has welcomed the decisions of House of Travel and Nakedbus to end the use of additional ‘opt out’ charges when selling tickets to customers online.
Relates to: Fair Trading
Commission reconvenes conference and calls for final submissions on wool scouring authorisation
20 July 2015
The Commerce Commission is to reconvene its conference and seek final submissions on Cavalier Wool Holding Limited’s application for authorisation to acquire New Zealand Wool Services International's wool scouring business.
Relates to: Business Competition
Commission gives clearance to Pfizer/Hospira merger
16 July 2015
The Commerce Commission has given clearance for Pfizer Inc. to acquire all of the shares of Hospira Inc. Both parties are active in the development and supply of a range of pharmaceutical products.
Relates to: Business Competition
Commission releases final report on Christchurch Airport’s pricing information
9 July 2015
The Commerce Commission has published its final report on Christchurch International Airport Limited’s (CIAL) disclosure of revised pricing information.
Relates to: Airports
Commission issues update on fast track amendments for IM review
3 July 2015
The Commerce Commission has today decided to fast track the consideration of airport land valuation rules as part of the input methodologies (IM) review announced on 10 June.
Relates to: Pan Industry Projects
Commission releases further draft decisions on prices of copper lines and broadband service for consultation
2 July 2015
The Commerce Commission has today released further draft decisions for consultation setting proposed prices that Chorus can charge for use of its local copper lines and broadband service over the next five years.
Relates to: Telecommunications
Commerce Commission registers Z Energy’s application for clearance to acquire Chevron New Zealand
1 July 2015
The Commerce Commission has registered an application from Z Energy Limited (Z) seeking clearance to acquire 100% of the shares in Chevron New Zealand Limited (Chevron), the owner of the Caltex brand in New Zealand.
Relates to: Business Competition
June 2015
Commission releases final report on Wellington Airport’s revised pricing
30 June 2015
The Commerce Commission has today released its final report confirming Wellington International Airport Limited (WIAL) is targeting returns for the period from 1 June 2014 to 31 March 2019 that fall within the estimated range of acceptable returns.
Relates to: Airports
Beware of website offering government grants and funding to businesses
30 June 2015
The Commerce Commission is warning start-up and small businesses to beware of an organisation called New Zealand Small Business Assistance Centre (NZSBAC) that is offering access to government grants.
Relates to: Fair Trading
Connor Healthcare withdraws merger appeal
18 June 2015
Connor Healthcare Limited (Connor) has withdrawn its appeal to the High Court of the Commission’s decision declining clearance for it to acquire all of the shares in Acurity Health Group Limited (Acurity) that it did not already own.
Relates to: Business Competition
Commission begins industry and consumer engagement on IMs review
16 June 2015
The Commerce Commission has released its first paper for industry and consumers as part of the review of input methodologies announced last week.
Relates to: Pan Industry Projects
Commission opens consultation on dairy competition review
12 June 2015
The Commerce Commission today released a consultation paper outlining its proposed approach, timeframes and scope for its review of the state of competition in the New Zealand dairy industry.
Relates to: Dairy
Commission issues notice of intention to begin input methodologies review
10 June 2015
The Commerce Commission has today issued its notice of intention to begin the review of input methodologies under Part 4 of the Commerce Act.
Relates to: Pan Industry Projects
Telco report shows strong growth in data consumption
8 June 2015
The Commerce Commission has today released its latest annual telecommunications monitoring report analysing the state of New Zealand’s telecommunications markets.
Relates to: Telecommunications
Commission gives clearance to Staples/Office Depot merger
5 June 2015
The Commerce Commission has given clearance for Staples to acquire all of the outstanding shares of Office Depot, which trades in New Zealand as OfficeMax.
Relates to: Business Competition
Law change creates new climate for borrowing
3 June 2015
Consumers in the market for a loan can expect to see significant changes to lending practices after an overhaul of consumer credit law, which takes effect from Saturday.
Relates to: Consumer Credit
May 2015
Music website trader guilty of fraud
29 May 2015
Online musical instrument store owner Andrew Marquet Taylor has been sentenced to 9 months home detention, ordered to pay more than $91,000 in compensation and fines in the Auckland District Court yesterday. Mr Taylor was also banned from using the internet for 3 months.
Relates to: Fair Trading
Commission releases report on Christchurch Airport’s revised pricing information
22 May 2015
The Commerce Commission has today published its observations on Christchurch International Airport Limited’s (CIAL) disclosure of revised pricing information.
Relates to: Airports
Statement of preliminary issues for Pfizer’s application to acquire Hospira
19 May 2015
The Commerce Commission has published a statement of preliminary issues relating to an application from Pfizer to acquire all of the remaining shares in Hospira.
Relates to: Business Competition
Commission supports Consumer Fraud Week
18 May 2015
The Commerce Commission is urging New Zealanders to be vigilant in the face of increasing online scams and to always remember the old adage, if it’s too good to be true it probably is.
Relates to: Fair Trading
Commerce Commission to hold conference on wool scouring authorisation
15 May 2015
The Commission will hold a one day conference on Wednesday 10 June 2015 to discuss matters relating to Cavalier Wool Holding Limited’s application for authorisation to acquire New Zealand Wool Services International's wool scouring business.
Relates to: Business Competition
April 2015
Commerce Commission to consider pharmaceuticals merger
29 April 2015
The Commerce Commission has received an application from Pfizer Inc. seeking clearance to acquire all of the shares in Hospira Inc.
Relates to: Business Competition
Commerce Commission declines Reckitt Benckiser lubricant merger
24 April 2015
The Commerce Commission has declined an application from Reckitt Benckiser Group, owners of Durex, to purchase Johnson & Johnson’s K-Y brand and product assets.
Relates to: Business Competition
Commerce Commission prosecutes Twenty Fifty Club
24 April 2015
Twenty Fifty Club Ltd and its sole director Gavin John Marsich have today appeared in the Manukau District Court facing 17 charges in relation to its pay-day loans business.
Relates to: Fair Trading, Consumer Credit
Commission releases draft decision on Transpower’s NIGU application
23 April 2015
The Commerce Commission has today released a draft decision on Transpower’s application seeking to recover its overspend on the North Island Grid Upgrade Project (NIGU).
Relates to: Electricity
Commission releases draft analysis of Wellington Airport’s revised pricing
17 April 2015
The Commerce Commission has today released its draft report indicating Wellington Airport is now targeting returns for the period from 1 June 2014 to 31 March 2019 that fall within an estimated range of acceptable returns.
Relates to: Airports
Statement of preliminary issues for Staple’s application to acquire Office Depot
17 April 2015
The Commerce Commission has published a statement of preliminary issues relating to an application from Staples, Inc to acquire all of the shares in Office Depot, Inc.
Relates to: Business Competition
Commerce Commission to consider office products merger
7 April 2015
The Commerce Commission has received an application from Staples, Inc seeking clearance to acquire all of the shares in Office Depot, Inc.
Relates to: Business Competition
Commission encourages businesses to ensure customers are not misled by surcharges
2 April 2015
Many businesses apply surcharges to recover additional costs such as higher staff wages on public holidays. Businesses must ensure any surcharge is clearly disclosed and the reasons for the surcharge are accurately described or they may risk breaching the Fair Trading Act.
Relates to: Fair Trading
Commerce Commission authorises INC Code restrictions on the marketing of infant formula
2 April 2015
The Commerce Commission has authorised members of the Infant Nutrition Council (INC) to follow their Code of Practice that restricts advertising and marketing of infant formula for children under six months of age.
Relates to: Business Competition
Commission to review regulated broadband non-price terms
1 April 2015
The Commerce Commission has today announced it will formally review the non-price terms of the Unbundled Bitstream Access (UBA) Standard Terms Determination (STD) under the Telecommunications Act.
Relates to: Telecommunications
March 2015
Court of Appeal rejects MTF Sportzone credit fees appeal
31 March 2015
The Court of Appeal has dismissed Motor Trade Finance Limited (MTF) and Sportzone Motorcycles Limited’s appeal in the long-running credit fees case brought by the Commerce Commission.
Relates to: Fair Trading, Consumer Credit
Connor Healthcare appeals Commission decision declining clearance
31 March 2015
Connor Healthcare Limited has filed an appeal in the High Court against the Commission’s decision declining clearance for it to acquire all the shares in Acurity Health Group Limited it did not already own.
Relates to: Business Competition
Commission seeks cross-submissions on new evidence
31 March 2015
The Commerce Commission is seeking cross-submissions on substantive new evidence contained in a cross-submission from Chorus, as part of the UBA/UCLL final pricing principle consultation.
Relates to: Telecommunications
Commerce Commission issues draft determination on wool scouring assets application
26 March 2015
The Commerce Commission has reached a preliminary view that it should allow Cavalier Wool Holdings to acquire 100 per cent of New Zealand Wool Services International's wool scouring business and assets.
Relates to: Business Competition
Commission closes investigation into Wilson Parking’s acquisition of Tournament
24 March 2015
The Commerce Commission is taking no further action in its investigation into Wilson Parking New Zealand Limited’s acquisition of rival Tournament Parking Limited’s parking assets.
Relates to: Business Competition
Commission to begin enforcing unfair contract terms tomorrow
16 March 2015
The Commerce Commission will begin enforcing the new unfair contract terms provisions of the Fair Trading Act when they take effect tomorrow, with no grace period for businesses.
Relates to: Fair Trading
Commission targets ‘opt out’ pricing as Air New Zealand agrees to change how it sells travel insurance
6 March 2015
The Commerce Commission is calling on New Zealand businesses to scrap the use of ‘opt out’ pricing after gaining agreement from Air New Zealand that it will end its practice of pre-selecting travel insurance for customers when selling tickets online.
Relates to: Fair Trading
Commission uses new enforcement tools
6 March 2015
The Commerce Commission has used the new enforcement tools granted as part of the Consumer Law Reform last year to issue infringement notices for the first time to motor vehicle dealers in Auckland and Christchurch.
Relates to: Fair Trading
Commerce Commission reaches preliminary view to authorise restrictions on the marketing of infant formula
3 March 2015
The Commerce Commission has reached a preliminary view that it should allow members of the Infant Nutrition Council (INC) to restrict their advertising and marketing of infant formula for children under six months of age.
Relates to: Business Competition
February 2015
Commerce Commission releases final decision on Transpower’s Upper South Island reliability project amendment application
26 February 2015
The Commerce Commission has released its final decision approving Transpower’s application for an amendment to the Stage 1 Upper South Island reliability project.
Relates to: Electricity
Commission releases approach to unfair contract terms
25 February 2015
The Commerce Commission has today published its final Unfair Contract Terms Guidelines and its approach to enforcing the new unfair contract terms law when it takes effect next month.
Relates to:
Commission settles with Westpac over interest rate swaps
17 February 2015
The Commerce Commission has reached a $2.97 million settlement with Westpac in relation to its marketing, promotion and sale of interest rate swaps to rural customers between 2005 and 2012.
Relates to: Fair Trading
January 2015
Commerce Commission grants clearance to baby products merger
29 January 2015
The Commerce Commission has granted clearance to Mayborn Group Limited to acquire certain assets from Jackel Pty Limited, including intellectual property rights to the Tommee Tippee brands and trademarks for New Zealand.
Relates to:
