July 2017
Commission declines Vero Insurance clearance to acquire Tower
26 July 2017
The Commerce Commission has declined to grant clearance to Vero Insurance New Zealand Limited to acquire up to 100% of the shares in Tower Limited.
Relates to:
Statement of Preliminary Issues released for Trade Me Limited / Limelight Software Limited
25 July 2017
The Commerce Commission has published a statement of preliminary issues relating to Trade Me Limited’s (Trade Me) proposed acquisition of up to 100% of the shares in Limelight Software Limited, trading as Motorcentral.
Relates to: Business Competition
Commission releases 2017/18 priorities
20 July 2017
The Commerce Commission have released its priority focus areas for the upcoming year publicly for the first time.
Relates to: Business Competition
Retailer sold unsafe toys and children’s nightwear
18 July 2017
Low-cost retailer The 123 Mart Limited (123 Mart) has been found guilty in the Auckland District Court on 17 charges under the Fair Trading Act.
Relates to: Fair Trading
Commission warns NZers to avoid Gifting Circle schemes
14 July 2017
The Commerce Commission is advising all New Zealanders to avoid involvement in Women’s Gifting Circles as it considers them to be illegal pyramid schemes.
Relates to: Fair Trading
Statement of Preliminary Issues released for Healthcare NZ/Geneva Healthcare Group
14 July 2017
The Commerce Commission has published a Statement of Preliminary Issues relating to Healthcare of New Zealand Holdings Limited (Healthcare NZ) proposed acquisition of Geneva Healthcare Limited and its related companies.
Relates to: Business Competition
Trade Me seeks clearance to acquire Motorcentral
12 July 2017
The Commerce Commission has received a clearance application from Trade Me Limited (Trade Me) to acquire up to 100% of the shares in Limelight Software Limited, trading as Motorcentral.
Relates to: Business Competition
Fines reach nearly $900,000 in Commission mobile trader prosecutions
12 July 2017
Two mobile traders have been fined a total of more than $183,000 and been ordered to return nearly $71,000 in fees to their customers.
Relates to: Fair Trading, Consumer Credit
Essilor and Luxottica seek clearance for global merger
10 July 2017
The Commerce Commission has received a clearance application from Essilor International (Compagnie Générale d’Optique) S.A. and Luxottica Group S.p.A relating to the global merger of the two parties.
Relates to: Business Competition
Statement of Preliminary Issues released for Tronox/Cristal merger
7 July 2017
The Commerce Commission has published a Statement of Preliminary Issues relating to Tronox Limited’s proposed acquisition of National Titanium Dioxide Company Ltd (Cristal).
Relates to: Business Competition
Vector to return $13.9m to Auckland electricity consumers under settlement with Commerce Commission
7 July 2017
Electricity lines company Vector will return $13.9 million to Auckland electricity consumers after it accepted it had breached its regulated price path by recovering more revenue than it was entitled to in the 2014 and 2015 financial years.
Relates to: Electricity
‘Toothpick’ pistol crossbows illegal in New Zealand
3 July 2017
The Commerce Commission is advising those selling ‘mini’ or ‘toothpick’ pistol crossbows that these products are likely to be covered by an unsafe goods notice and cannot be sold in New Zealand.
Relates to: Fair Trading