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December 2013

IAG seeks clearance to acquire Lumley

20 December 2013

The Commerce Commission has received an application from IAG (NZ) Holdings Limited (IAG) seeking clearance to acquire 100% of the shares in Lumley General Insurance (N.Z.) Limited (Lumley).

 

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Commission commences proceedings in relation to Auckland timber cartel

20 December 2013

The Commerce Commission has today filed proceedings in the High Court against Carter Holt Harvey Limited for price fixing in the Auckland timber market.

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Statement of preliminary issues for USG’s and Boral’s application to form a joint venture

20 December 2013

The Commerce Commission has published a statement of preliminary issues relating to USG Corporation’s and Boral Limited’s joint application seeking clearance to enter into a joint venture.

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Commerce Commission releases data on interchange and credit card settlements

19 December 2013

The Commission today released its ‘Evaluation of the 2009 interchange and credit card settlements’. This paper outlines the agreement the Commission reached with banks and financial institutions in relation to the setting of fees charged to merchants/retailers for accepting credit card payments and how this impacted the market between 2010/11 and 2012/13.

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Thermo Fisher cleared to acquire Life Technologies subject to a divestment undertaking

19 December 2013

The Commerce Commission has cleared Thermo Fisher Scientific Inc. (Thermo Fisher) to acquire Life Technologies Corporation (Life Technologies). The clearance is conditional on Thermo Fisher selling its foetal bovine serum (FBS) business to a third party.

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USG Corporation and Boral Limited seek clearance to form a joint venture

4 December 2013

The Commission has received a joint application from USG Corporation and Boral Limited seeking clearance to enter into a joint venture.

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November 2013

PropertyIQ granted clearance to acquire Terralink

29 November 2013

The Commerce Commission has cleared PropertyIQ New Zealand Limited to acquire the business and assets of Terralink International Ltd.

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Commerce Commission sets guidelines for international information requests

27 November 2013

The Commerce Commission has today released its guidelines for Overseas Requests for Compulsorily Acquired Information and Investigative Assistance.

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Statement of preliminary issues for Bauer’s application to acquire certain magazine publishing assets of APNSP

15 November 2013

The Commerce Commission has published a statement of preliminary issues relating to an application from Bauer Media Group (NZ) LP (Bauer) to acquire certain magazine publishing assets of APN Specialist Publications NZ Ltd (APNSP).

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Bauer Media Group seeks clearance to acquire certain magazine publishing assets of APN

1 November 2013

The Commerce Commission has received an application from Bauer Media Group (NZ) LP (Bauer) seeking clearance to acquire certain magazine publishing assets of APN Specialist Publications NZ Ltd (APN).

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October 2013

Statement of preliminary issues for applications from Telecom and Vodafone to acquire 700 MHz spectrum

22 October 2013

The Commerce Commission has published a statement of preliminary issues relating to the applications from Telecom and Vodafone seeking clearance to acquire the management rights to 700 MHz radio spectrum.

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Menzies granted clearance to acquire Skystar

16 October 2013

The Commerce Commission has cleared Menzies Aviation (New Zealand) Limited to acquire Skystar Airport Services NZ Pty Limited.

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Vodafone seeks clearance to acquire radio spectrum

10 October 2013

The Commerce Commission has received an application from Vodafone New Zealand Limited seeking clearance to acquire the management rights to 700 MHz radio spectrum.

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Commerce Commission issues warning to Sky

8 October 2013

The Commerce Commission has issued Sky Network Television Ltd (Sky) with a warning that it believes certain provisions in Sky’s contracts with telecommunications retail service providers (RSPs) are likely to have previously breached section 27 of the Commerce Act 1986 (the Commerce Act).

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Telecom seeks clearance to acquire radio spectrum

4 October 2013

The Commerce Commission has received an application from Telecom New Zealand Limited seeking clearance to acquire the management rights to 700 MHz radio spectrum.

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Commission updates guidelines about enforcement responses

1 October 2013

The Commerce Commission has today published its revised Enforcement Response Guidelines (ERG), which now include new Criminal Prosecutions Guidelines as an attachment.

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Commerce Commission consulting on Competitor Collaboration Guidelines

1 October 2013

The Commerce Commission has today released draft guidelines on its approach to assessing collaborations between competitors, in anticipation of the proposed amendments to the Commerce Act 1986, contained in the Commerce (Cartels and Other Matters) Amendment Bill.

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September 2013

Statement of preliminary issues for Menzies’ application to acquire 100% of the shares of Skystar

17 September 2013

The Commerce Commission has published a statement of preliminary issues relating to an application from Menzies Aviation (New Zealand) Limited seeking clearance to acquire 100% of the shares of Skystar Airport Services NZ Pty Limited.

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King Pharmacy Group granted clearance to acquire Community Pharmacy in Linwood

4 September 2013

The Commerce Commission has cleared King Pharmacy Group Limited to acquire the pharmacy business of Community Pharmacy Limited.

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August 2013

Menzies Aviation seeks clearance to acquire Skystar Airport Services

28 August 2013

The Commerce Commission has received an application from Menzies Aviation (New Zealand) Limited seeking clearance to acquire 100% of Skystar Airport Services NZ Pty Limited.

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Court endorses penalty in trans-Tasman cartel case

22 August 2013

Visy Board Pty Ltd (Visy) has been ordered to pay a penalty of $3.6 million in the High Court in Auckland today, and its former senior executive John Carroll $25,000, for breaching the Commerce Act by being involved in price fixing.

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King Pharmacy Group seeks clearance to acquire Community Pharmacy in Linwood

16 August 2013

The Commerce Commission has received an application from King Pharmacy Group Limited seeking clearance to acquire the pharmacy business of Community Pharmacy Limited.

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Statement of preliminary issues for PropertyIQ’s application to acquire the business and assets of Terralink

9 August 2013

The Commerce Commission has published a statement of preliminary issues relating to an application from PropertyIQ seeking clearance to acquire the business and assets of Terralink.

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July 2013

Baxter International cleared to acquire Gambro AB subject to a divestment undertaking

31 July 2013

The Commerce Commission has cleared Baxter International Inc (Baxter) to acquire 100% of the shares in Gambro AB (Gambro). The clearance is conditional on Baxter selling its worldwide Continuous Renal Replacement Therapy (CRRT) business to a third party.

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Commission releases revised authorisation, and mergers and acquisitions guidelines

24 July 2013

The Commerce Commission has today released revised guidelines that outline its approach to assessing businesses’ authorisation and merger clearance applications. The guidelines were finalised after a public consultation period in March.

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SkyCity granted clearance to acquire Otago Casinos

17 July 2013

The Commerce Commission has cleared SkyCity Entertainment Group Ltd to acquire Otago Casinos Ltd.

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PropertyIQ seeks clearance to acquire Terralink

17 July 2013

The Commerce Commission has received an application from PropertyIQ NZ Limited seeking clearance to acquire the business and assets of Terralink International Limited.

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June 2013

Commerce Commission opens investigation into Wilson Parking’s acquisition of assets of Tournament Parking

21 June 2013

The Commerce Commission has opened an investigation into Wilson Parking New Zealand Limited’s acquisition of Tournament Parking Limited’s parking assets.

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Air New Zealand final airline to settle with Commerce Commission in air cargo case

13 June 2013

The High Court has approved a settlement under which Air New Zealand will pay a $7.5 million penalty for price-fixing in breach of the Commerce Act. The company is the last airline to settle with the Commerce Commission in its long-running air cargo cartel case.

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Joint statement from Commerce Commission and Air New Zealand on air cargo case

5 June 2013

Air New Zealand has withdrawn its proceeding challenging the Settlement Agreement in the Air Cargo proceeding and will pay costs to the Commission in relation to the settlement of this dispute.

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May 2013

Taranaki flooring company warned over attempts to fix prices

28 May 2013

The Commerce Commission has issued a formal warning to flooring company Ansell Flooring Limited for attempting to fix prices for sanding and polishing services in the Taranaki region.

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SkyCity Entertainment seeks clearance to acquire Otago Casinos

21 May 2013

The Commerce Commission has received an application from SkyCity Entertainment Group Limited (SkyCity) seeking clearance to acquire 100% of the shares in Otago Casinos Limited.

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April 2013

Commerce Commission clears Vector to acquire Contact gas metering business

29 April 2013

The Commerce Commission has cleared Vector Limited to acquire Contact Energy Limited’s natural gas metering business.

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More penalties in long-running air cargo cartel case

22 April 2013

The High Court has ordered three further airlines to pay a combined total of $9.6 million in penalties for their role in the air cargo cartel case brought by the Commerce Commission. This brings the total penalties in the case to over $35 million.

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Commerce Commission declines merger of Hamilton Radiology and Medimaging radiology practices

3 April 2013

The Commerce Commission has declined to grant clearance to the formation of a joint venture between Hamilton Radiology and Medimaging.

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March 2013

Commerce Commission clears merger of Penguin and Random House book publishers

19 March 2013

The Commerce Commission has cleared Bertelsmann SE & Co. KGaA (owner of Random House) and Pearson plc (owner of Penguin) to form a new jointly-owned company - Penguin Random House- which will acquire the consumer book publishing businesses of the two companies. Consumer books exclude text books and technical books.

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Baxter International seeks clearance to acquire Gambro AB

15 March 2013

The Commerce Commission has received an application from Baxter International Inc. seeking clearance to acquire Gambro Pty Ltd. The application relates to a global merger.

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Commission consulting on business competition guidelines

8 March 2013

The Commerce Commission is consulting on new draft guidelines that outline the Commission’s approach to assessing clearance and authorisation applications.

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February 2013

Commerce Commission clears Hirepool to purchase Hirequip

21 February 2013

The Commerce Commission has cleared the owner of Hirepool, Bligh Finance Limited, to purchase Hire Equipment Group Limited (Hirequip).

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January 2013

Statement of preliminary issues available for Perry Metal Protection Limited / CSP Coating Systems clearance application

25 January 2013

The Commerce Commission has published a statement of preliminary issues relating to an application from Perry Metal Protection Limited (PMP) to acquire the CSP Coating Systems (CSP) division from Fletcher Steel.

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Statement of preliminary issues available for Random House/Penguin clearance application

11 January 2013

The Commerce Commission has published a statement of preliminary issues relating to an application from Bertelsmann SE & Co. (owner of Random House) and Pearson plc (owner of Penguin) seeking clearance to form a new jointly-owned company to be called Penguin Random House, which will acquire the retail book publishing businesses of Random House and Penguin.

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Perry Metal Protection seeks clearance to acquire CSP Coatings

4 January 2013

The Commerce Commission has received an application for clearance from Perry Metal Protection Limited (PMP) to acquire the CSP Coating Systems (CSP) division from Fletcher Steel.

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