Media releases

July 2018

Proceedings filed against Wilson Parking over acquisition of Wellington car park

20 July 2018

The Commerce Commission has filed proceedings in the High Court at Wellington alleging Wilson Parking substantially lessened competition for the supply of car parking in the Boulcott Street area in central Wellington when it acquired the rights to operate the Capital car park. 

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Commission broadly satisfied Christchurch Airport not earning excessive profits

19 July 2018

The Commerce Commission is broadly satisfied Christchurch International Airport is not targeting excessive profits in the 5 years from 1 July 2017 and is seeking feedback before finalising its report.

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Car dealership tried to avoid CGA responsibilities with ‘as is where is’ ads

19 July 2018

An Auckland motor vehicle trader has been fined $75,000 over misrepresenting consumers’ rights when selling used vehicles online, and for failing to display essential vehicle information.

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Different name, same stuff - LuxStyle becomes Digital Sourcing

13 July 2018

The Commerce Commission is alerting the public to be wary when browsing for products online on sites operated by Digital Sourcing, formerly known as LuxStyle, a company based in Denmark.

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Letter of issues for Ingenico/Paymark merger

12 July 2018

The Commerce Commission has sent a Letter of Issues to Ingenico Group SA in relation to its proposed acquisition of Paymark Limited.

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Prolific online sellers beware – fine for failing to disclose ‘in trade’ status

11 July 2018

A Palmerston North man has been fined $5,000 on three charges under the Fair Trading Act for failing to disclose his trader status when selling items on the internet, and for selling an unsafe cot online.

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Proposal to retain power to regulate national mobile roaming

9 July 2018

The Commerce Commission has released its preliminary view to retain the power to regulate national mobile roaming, should it be required in the future.

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Spark charged over billing issues and offer to new customers

9 July 2018

The Commission has laid 11 charges against Spark New Zealand Trading Limited (Spark) alleging it made false or misleading representations relating to its billing and a $100 offer for new customers.

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Need for speed: a look at the evolution of NZ broadband performance over the past decade

5 July 2018

The Commerce Commission has published a paper looking at the past decade of broadband performance testing, ahead of the first round of information to be released by our new independent testing partner, SamKnows.

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Commission approves purchaser for Winc to address competition concerns

4 July 2018

The Commerce Commission has approved a purchaser for Winc NZ Limited (Winc) to address its competition concerns regarding Platinum’s acquisition of rival stationery and office products firm OfficeMax.

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Feedback wanted to improve process for customised price-quality paths for lines companies

3 July 2018

The Commerce Commission is seeking feedback on two recent customised price-quality paths for electricity lines companies to improve future processes. 

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PB Technologies charged for its extended warranties and warned for bait advertising

3 July 2018

PB Technologies Ltd (PB Tech) has pleaded guilty to 14 charges brought by the Commerce Commission for failings in its extended warranty agreements.

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Statement of Preliminary Issues released for OMV/Shell

3 July 2018

The Commerce Commission has published a statement of preliminary issues relating to the proposed acquisition of Royal Dutch Shell’s gas and liquids portfolio in New Zealand by OMV New Zealand Limited.

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June 2018

Updated policy and guidelines to improve cartel leniency programme

29 June 2018

The Commerce Commission has updated its policy and guidelines to assist parties involved in cartel conduct to understand what steps they are required to take when applying for leniency. 

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Statement of Preliminary Issues released for Goodman Fielder/Lion yoghurt merger

28 June 2018

The Commerce Commission has published a Statement of Preliminary Issues relating to an application from Goodman Fielder New Zealand Limited (Goodman Fielder) for clearance to acquire assets related to the manufacture and distribution of ‘Yoplait’ branded yoghurt in New Zealand from Lion - Dairy & Drinks (NZ) Limited (Lion).

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Commission charges water filter company over its water softening claims

26 June 2018

HRV Clean Water Limited (HRV) has pleaded guilty to 11 charges laid by the Commission for the unsubstantiated (unproven) or misleading claims HRV made about the benefits of its water filters and about the quality of New Zealand’s domestic water supply.

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Goodman Fielder seeks clearance to acquire 'Yoplait' yoghurt business from Lion

22 June 2018

The Commerce Commission has received a clearance application from Goodman Fielder New Zealand Limited to acquire assets related to the manufacture and distribution of ‘Yoplait’ branded yoghurt in New Zealand from Lion - Dairy & Drinks (NZ) Limited.

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OMV seeks clearance to acquire Shell's gas and liquids portfolio

18 June 2018

The Commerce Commission has received a clearance application from OMV New Zealand Limited to acquire 100% of Royal Dutch Shell’s gas and liquids portfolio in New Zealand.

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Commission concerned Fonterra's risk estimate is too low when calculating milk price

14 June 2018

The Commerce Commission has released an emerging view that Fonterra’s estimate of risk in calculating the cost of financing milk processing operations is too low. The impact of this is that Fonterra calculates a higher milk price than would be the case if it used a more feasible allowance for risk in the cost of finance, consistent with other processors.

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Process kicked off for 2020 reset of electricity lines companies' price-quality paths

14 June 2018

The Commerce Commission has released the key milestones and consultation steps for the 2020 reset of 17 electricity lines companies’ price-quality paths.

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Investigation opened into Fulton Hogan's proposed acquisition of Stevenson Group

14 June 2018

The Commerce Commission has opened an investigation into Fulton Hogan Limited’s proposed acquisition of Stevenson Group Limited's construction materials business.

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Christchurch vehicle financier warned over concerns about agent’s lending conduct

11 June 2018

The Commission has issued a warning to Dealer Finance Limited (DFL), a Christchurch-based motor vehicle finance lender, after an investigation into its compliance with obligations under the lender responsibility principles under the Credit Contracts and Consumer Finance Act 2003 (CCCF Act).

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Commission alleges irresponsible lending by payday lender Ferratum

1 June 2018

The Commerce Commission has commenced High Court proceedings against payday lender Ferratum New Zealand Limited (Ferratum) under the Credit Contracts and Consumer Finance Act 2003 (CCCFA) over alleged breaches of the lender responsibility principles.

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May 2018

Lender website review highlights issues consumers face when borrowing money

31 May 2018

The Commerce Commission has today released the findings of its review of 215 selected lenders’ websites for compliance with disclosure rules.

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MYOB formally withdraws merger application for Reckon

31 May 2018

MYOB Group Limited has today formally withdrawn its application to acquire the Accountants Group business of Reckon Limited (Reckon).

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Wanted: 3,000 volunteers to help arm kiwis with better broadband information

30 May 2018

The Commerce Commission is seeking 3,000 households to be part of a nationwide programme to monitor and improve New Zealand’s broadband performance. 

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Apple warned for misleading consumers about their rights

30 May 2018

The Commission has warned Apple Sales New Zealand (Apple) after it likely misled consumers about their Consumer Guarantees Act (CGA) rights and about its replacement products being new.

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Budget Loans fined $720,000 for “cynical and deliberate” repossession tactics

30 May 2018

Finance companies Budget Loans Limited and Evolution Finance Limited (together Budget Loans) have been fined $720,000 in the Auckland District Court, on 125 charges under the Fair Trading Act.

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NZSALE pleads guilty to charges for its children’s nightwear labelling

28 May 2018

Online retailer NZ Sale Limited has pleaded guilty to four charges laid by the Commerce Commission for failing to comply with the product safety standard for children’s nightwear.

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Authorisation application received from Infant Nutrition Council

25 May 2018

The Commerce Commission has received an application from the Infant Nutrition Council Limited (INC) seeking authorisation for an arrangement allowing the INC to restrict its members from marketing formula products for children aged up to 12 months.

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$52,500 fine for selling non-protective safety jacket

15 May 2018

A protective clothing company has been fined $52,500 for selling a safety jacket that did not have the claimed protection against electrical burns.

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Reminder to businesses about ‘Made in New Zealand’ claims

14 May 2018

The Commerce Commission is reminding all businesses that any ‘Made in New Zealand’ claims they make about their products must be accurate, able to be substantiated and must not mislead consumers about the country of origin.

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Additional scrutiny ahead of Transpower's price-quality path application

11 May 2018

An independent verifier has been appointed to scrutinise key components of Transpower’s proposal for its price-quality path for the 5 years from 2020 ahead of it being submitted to the Commerce Commission for approval. 

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Open letter to better understand emerging technologies in monopoly parts of electricity sector

9 May 2018

The Commerce Commission has written an open letter outlining its intention to gather information from regulated electricity distributors to better understand how they are planning, investing and accounting for emerging technologies.

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New videos and quick guides to help businesses avoid unfair contract terms

9 May 2018

The Commerce Commission has launched a new series of videos and quick guides targeted at businesses to help them avoid unfair contract terms in their standard form consumer contracts.

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April 2018

Feedback wanted on funding for future fibre regulation

30 April 2018

The Commerce Commission is seeking feedback from the telecommunications sector on the funding for its plan to implement new regulation for fibre networks.

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Biggest truck shop fine so far, total fines reach nearly $1.6 million

30 April 2018

In the biggest fine so far handed down against a mobile trader, Mobile Shop Limited (Mobile Shop) has been fined $330,000 for breaches of consumer laws. The sentence brings the total fines handed down in 13 Commerce Commission prosecutions of mobile traders to $1.56 million.

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Study to improve understanding of fibre services ahead of future regulation

27 April 2018

The Commerce Commission has launched a study of fibre services, to help it prepare for future regulation of fibre networks.

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Charges filed against Noel Leeming for misrepresenting consumers’ rights

27 April 2018

The Commerce Commission has laid nine charges against retailer Noel Leeming Group Limited (Noel Leeming), for alleged misrepresentations about consumers’ rights under the Consumer Guarantees Act (CGA).

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Commission concerned Auckland Airport's profits may be too high

26 April 2018

The Commerce Commission is concerned Auckland International Airport’s profits may be too high over the period 1 July 2017 to 30 June 2022.

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Commission files proceedings against Nelson pharmacy and directors for alleged price fixing

26 April 2018

The Commerce Commission has filed civil proceedings in the Nelson High Court against Prices Pharmacy 2011 Limited and its directors for alleged price-fixing.

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First sentence handed down in Commission's investigation into steel mesh

26 April 2018

Timber King Limited and NZ Steel Distributor Limited (NZSD) have been fined $400,950 for making false and misleading representations relating to their steel mesh products which are used to strengthen buildings.

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Statement of Preliminary Issues released for Ingenico/Paymark

23 April 2018

The Commerce Commission has published a Statement of Preliminary Issues relating to an application by Ingenico Group SA (Ingenico) to acquire 100% of the shares in Paymark Limited (Paymark).

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Ingenico seeks clearance to acquire Paymark

20 April 2018

The Commerce Commission has received a clearance application from Ingenico Group SA (Ingenico) to acquire 100% of the shares in Paymark Limited (Paymark).

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Platinum to divest Winc NZ to address competition concerns in office products market

19 April 2018

Platinum Equity LLC (Platinum) has agreed to divest Winc NZ Limited (Winc) to address the Commerce Commission’s competition concerns regarding Platinum’s acquisition of OfficeMax Holdings Limited (OfficeMax).

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Commission lays charges against Vodafone for its FibreX broadband advertising

13 April 2018

The Commerce Commission has laid 27 charges under the Fair Trading Act against Vodafone New Zealand Limited (Vodafone) for engaging in false and misleading conduct in relation to its FibreX broadband service.

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Independent report on how Fonterra estimates risk in setting milk price

11 April 2018

The Commerce Commission has released an independent report into whether Fonterra’s approach to estimating risk in calculating the cost of financing milk processing operations is consistent with competitive market outcomes.

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Commission releases telco market developments snapshot for 2017

10 April 2018

The Commerce Commission has released a snapshot paper about telecommunications market developments in 2017.

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March 2018

Improvements to the rules for Transpower's investment in the national grid

29 March 2018

The Commerce Commission has today released its final decision on its review of the rules relating to Transpower’s investment in the national grid.

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Daiken cleared to acquire Dongwha's MDF wood products business

29 March 2018

The Commerce Commission has granted clearance for Daiken New Zealand to acquire 100% of the shares in Dongwha New Zealand Limited.

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Commission approves $1.27 billion major network upgrade for Powerco

28 March 2018

The Commerce Commission has approved an application by Powerco to spend $1.27 billion on a major network upgrade.

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Commission approves Wellington Electricity's $31 million earthquake readiness plan

28 March 2018

The Commerce Commission has approved Wellington Electricity’s application to invest an additional $31 million to improve its network’s resilience to a major earthquake.

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Study to ensure regulation keeps pace with changes in mobile telecommunications

27 March 2018

The Commerce Commission has confirmed the scope for its study into mobile telecommunications markets in New Zealand.

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Dishing up a surcharge with your hot cross bun

26 March 2018

With the Easter break around the corner, the Commerce Commission is reminding businesses that if they apply a surcharge it must be clearly and accurately disclosed to consumers.

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Commerce Commission appoints new Chief Executive

22 March 2018

Commerce Commission Chairman Dr Mark Berry today announced the appointment of Adrienne Meikle as Chief Executive of the Commerce Commission.

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Rhone cleared to acquire swimming pool equipment company Fluidra

21 March 2018

The Commerce Commission has granted clearance for Rhone to acquire Fluidra.

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Commission declines clearance for Trade Me to acquire Motorcentral

9 March 2018

The Commerce Commission has declined to grant clearance to Trade Me to acquire Motorcentral (Limelight Software Limited).

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Fairer contract terms for public transport users in major cities

9 March 2018

A review by the Commerce Commission has resulted in some major public transport providers making changes to the standard terms of use for their re-usable pre-paid travel cards.

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Commission grants clearance for sauce merger subject to divestments

9 March 2018

The Commerce Commission has granted clearance for Heinz Wattie’s to acquire the food and instant coffee business of Cerebos Gregg’s subject to a divestment undertaking.

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Consumers need to seriously consider if buying from Viagogo is worth the risk

6 March 2018

The Commerce Commission is advising consumers to seriously consider whether buying tickets from ticket reselling website Viagogo is worth the risk after the latest series of complaints.

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February 2018

Latest fine shows toy suppliers must check product safety

26 February 2018

The Commerce Commission is reminding toy suppliers that their products must comply with the mandatory standard for toys, following the conviction of a toy importer for selling a baby rattle which did not comply.

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Red Seal supplements producer warned over “Pharmacy Strength” claims

21 February 2018

The Commerce Commission has issued a warning to Endeavour Consumer Health Limited (Endeavour) over its use of the term “Pharmacy Strength” in marketing its Red Seal Pharmacy Strength range of nutritional supplements.

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If you can’t back it up, don’t say it

20 February 2018

The Commerce Commission has released a new video, giving guidance to traders on false, misleading or unsubstantiated claims and how to avoid making them.

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Sunscreen producer will meet NZ standard for SPF testing

19 February 2018

Sunscreen producer Johnson & Johnson (New Zealand) Limited (JJNZ) has undertaken to the Commerce Commission to only sell sunscreen products which meet the joint Australian/New Zealand standard.

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Statement of Preliminary Issues released for Rhone/Fluidra swimming pool equipment merger

16 February 2018

The Commerce Commission has published a Statement of Preliminary Issues relating to Rhone Capital LLC’s (Rhone) proposed acquisition of Fluidra S.A. (Fluidra). 

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Supercrete Auckland director fined $37,500 for claiming generic cladding was premium brand

16 February 2018

The former director of Supercrete Auckland Limited (Supercrete) has been fined $37,500 for misrepresenting generic Chinese cladding as the premium Australian-made ‘Hebel’ brand.  

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Toy importer fined for selling unsafe toys

12 February 2018

Toy importer Mega Import and Export Limited (Mega Import) has been fined $65,000 for selling toys which did not comply with a mandatory standard.

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Mobile trader fined despite being liquidated

7 February 2018

A mobile trader has been fined more than $100,000 despite going into liquidation in early 2017. 

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Rhone seeks clearance to acquire swimming pool equipment company Fluidra

5 February 2018

The Commerce Commission has received a clearance application from Rhone Capital LLC (Rhone) to acquire up to 100% of the shares or assets of Fluidra S.A.

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Draft decision on Wellington Electricity’s $31 million earthquake readiness plan

1 February 2018

The Commerce Commission has released its draft decision on Wellington Electricity’s proposal to spend $31 million on improving its network’s resilience to a major earthquake.

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January 2018

Auckland dealership Motor Me warned for misleading conduct when selling used cars

25 January 2018

Motor Me owner and operator Brent Smith has been warned by the Commission that he has likely breached the law for misleading consumers about the quality of the cars Motor Me sold.

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Commission lays charges against EuroSteel

23 January 2018

The Commerce Commission confirms that 59 charges under the Fair Trading Act have been laid against Euro Corporation Limited (EuroSteel) for making false and misleading representations about its steel mesh product known as SE615.

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Commission restarts study into telecommunication backhaul services

19 January 2018

The Commerce Commission is recommencing its study into domestic telecommunication backhaul services. 

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New videos and quick guides for businesses and procurers on competition law

18 January 2018

The Commerce Commission has launched a new series of videos and quick guides to help businesses and procurers understand competition law.

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Warning to NZ Trustees Association Charitable Trust for sending invoices for unsolicited membership services

17 January 2018

The Commission has issued a warning to NZ Trustees Association Charitable Trust (the Trustees Association) about concerns with invoices it sent to registered New Zealand charities for membership services.

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Debt collection group to credit customers overcharged after goods repossessed

16 January 2018

Debt collection group Receivables Management has agreed to credit more than $1.4 million to around 1,700 customers who were wrongly charged interest, costs and fees on loans after their goods had been repossessed and sold.

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Commission alerts public to LuxStyle online sales method

10 January 2018

The Commerce Commission is alerting the public to be wary when browsing for products online on sites operated by Lux International Sales ApS (LuxStyle), a company based in Denmark.

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Commission releases competitor collaboration guidelines for new law

9 January 2018

The Commerce Commission has released a final version of its guidelines for assessing collaborations between competitors as a result of amendments to the law relating to cartels.

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South Island veterinary business warned over likely price fixing with competitor

8 January 2018

The Commerce Commission has warned VetLife Limited (VetLife) that it is likely to have breached the Commerce Act by price fixing with one of its competitors.

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