Business Competition media releases

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.

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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.

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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).

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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.

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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.

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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.

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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.

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November 2015

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.

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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).

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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.

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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.

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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.

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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).

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October 2015

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).

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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).

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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).

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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.

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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).

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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.

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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.

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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.

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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.

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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.  

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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. 

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August 2015

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).

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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).

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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.

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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.

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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).

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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.

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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).

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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.

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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).

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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.

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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.

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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.

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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.

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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.

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June 2015

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.

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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.

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May 2015

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.

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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.

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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.

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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.

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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.

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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.

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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.

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March 2015

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.

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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.

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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.

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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.

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