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December 2012

Bluestone mortgage customers to get $200,000 back

24 December 2012

The Commerce Commission has reached an out of court settlement with three companies from the finance industry that will see $200,000 paid to 295 customers.

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Singapore Airlines Cargo becomes seventh airline to settle air cargo cartel case

21 December 2012

The High Court has ordered Singapore Airlines Cargo PTE (SIA Cargo) to pay a $4.1 million penalty for price fixing in breach of the Commerce Act. The company is the seventh airline to settle with the Commerce Commission in the long-running air cargo cartel case.

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Penguin and Random House seek clearance to form a joint venture

20 December 2012

Bertelsmann SE & Co. (owner of Random House) and Pearson plc (owner of Penguin) seek 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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Commerce Commission secures $60m for investors in failed Credit SaILS product

18 December 2012

The Commerce Commission has reached a settlement with five companies that concludes its investigation into the failed investment product Credit SaILS. As part of the settlement, the companies have agreed to create a settlement fund of $60 million to be distributed to investors who lost money when Credit SaILS failed in 2008.

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New guidelines for prepaid phone card industry

17 December 2012

The Commerce Commission has issued new guidelines for the prepaid phone card industry following customer complaints that some cards did not deliver the number of calling minutes advertised.

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Commission releases final report on first statutory review of Fonterra’s milk price manual

14 December 2012

The Commerce Commission has today released a final report on its first statutory review of Fonterra’s milk price manual. The manual determines how Fonterra calculates the farm gate milk price, which is the price paid by Fonterra to dairy farmers for their raw milk.

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Don’t promise what you can’t deliver Commission reminds retailers

10 December 2012

The Commerce Commission is reminding retailers of their responsibilities under the Fair Trading Act as the Christmas shopping season gathers pace.

 

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Commission announces small reduction in wholesale price for Chorus’ local copper lines

3 December 2012

The Commerce Commission has today released its final decision on the wholesale price for access to Chorus’ unbundled copper local loop (UCLL).

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Commission announces proposed wholesale price for broadband bitstream service

3 December 2012

The Commerce Commission has today released its draft decision on a new cost-based price for Chorus’ unbundled bitstream access (UBA) service.

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Hamilton Radiology seeks clearance to acquire Medimaging

3 December 2012

The Commerce Commission has received an application from Hamilton Radiology Limited.

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November 2012

New pricing limits for 16 electricity distribution businesses

30 November 2012

The Commerce Commission has today released its final decision to reset the default price-quality paths for 16 electricity distributors.

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Media briefing for UCLL and UBA pricing announcements

30 November 2012

The Commerce Commission is hosting a media briefing on Monday 3 December in Wellington to announce new pricing for Chorus’ unbundled copper local loop (UCLL) and proposed pricing for the unbundled bitstream access (UBA) service.

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Commission launches new guidelines about enforcement responses

23 November 2012

The Commerce Commission has today launched new guidelines to help New Zealanders understand more about how the Commission’s Competition Branch enforces its consumer and competition legislation.

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Delay to announcement on pricing for Chorus’ copper phone lines and broadband access

19 November 2012

The Commerce Commission today announced a short delay to the final decision on the price Chorus can charge for its copper lines to now coincide with the draft decision on broadband access pricing.

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Commission welcomes Supreme Court ruling on input methodologies

15 November 2012

The Commerce Commission welcomes a Supreme Court decision today confirming that the Commission is not required to determine a starting price input methodology for electricity distribution and gas pipeline services. This confirms the decision by the Court of Appeal in June 2012.

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Commerce Commission issues draft report on Wellington International Airport

2 November 2012

The Commerce Commission has today released a draft of a report to the Ministers of Commerce and Transport on how well information disclosure regulation is promoting the purpose of that regulation for Wellington International Airport.

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Commerce Commission will monitor fixed-to-mobile prices

1 November 2012

The Telecommunications Commissioner today announced that the Commission will extend its monitoring of the telecommunications market to include fixed-to-mobile pricing.

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October 2012

Transpower’s maximum allowable revenues adjusted for coming two year period

31 October 2012

The Commerce Commission has completed its review of Transpower’s performance in 2011/12 against prices set in the Individual price-quality path and has adjusted Transpower’s maximum allowable revenue (MAR) for the 2013/14 and 2014/15 years.

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Commerce Commission clears Vodafone’s purchase of TelstraClear

30 October 2012

The Commerce Commission has cleared Vodafone New Zealand’s proposed purchase of TelstraClear Limited.

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Statement of preliminary issues available for Hirepool/Hirequip clearance application

29 October 2012

The Commerce Commission has published a statement of preliminary issues relating to an application from Bligh Finance Limited (owner of the Hirepool rental business) seeking clearance to acquire the business of Hire Equipment Group Limited.

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Vector seeks clearance to acquire Contact Energy’s gas metering business

25 October 2012

The Commission has received an application from Vector Limited seeking clearance to acquire some or all of the shares or assets of Contact Energy Limited’s natural gas metering business.

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Commerce Commission proposes default price-quality paths for gas pipeline services

24 October 2012

The Commerce Commission has today released its revised draft decision proposing the first default price-quality paths for gas pipeline services. Once finalised, these paths will set the maximum prices that gas pipeline businesses are allowed to charge customers for their services from 1 July 2013.

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Commerce Commission outlines approach to telco levy

19 October 2012

The Commerce Commission today released a further paper on how it plans to set the Telecommunications Development Levy that will be paid by telecommunications companies to the government.

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Commerce Commission to educate businesses about potential competition issues in Christchurch rebuild

19 October 2012

The Commerce Commission plans to meet with key people involved in the Christchurch rebuild to ensure competition law is not bent or broken during the rebuilding of the city.

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Commission releases draft report on first statutory review of Fonterra’s milk price manual

19 October 2012

The Commerce Commission has today released a draft report on its first statutory review of Fonterra’s milk price manual.

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Retailers asked for feedback on credit card rule changes

18 October 2012

The Commerce Commission is undertaking some analysis of the impacts of an innovative settlement the Commission reached in 2009 with banks and credit card companies.

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Competition agencies welcome International Cooperation Act

17 October 2012

The New Zealand Commerce Commission (NZCC) and Australian Competition and Consumer Commission (ACCC) are today welcoming the passing of legislation arising out of the Commerce Commission (International Co-operation, and Fees) Act.

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Hirepool seeks clearance to acquire Hirequip

16 October 2012

The Commerce Commission has received an application from Bligh Finance Limited, owner of the Hirepool rental business, seeking clearance to acquire the business of Hire Equipment Group Limited (Hirequip).

 

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Commerce Commission clears CSR and Brickworks to merge their brick businesses in New Zealand

11 October 2012

The Commerce Commission has cleared CSR Building Products (NZ) Limited and Brickworks Building Products (NZ) Limited to establish a joint venture to supply clay bricks in New Zealand.

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Increased competition means further deregulation of backhaul markets

5 October 2012

The Commerce Commission today released the findings of its annual competition review of backhaul services for the unbundled copper local loop (UCLL), unbundled copper low frequency (UCLF) and unbundled bitstream access (UBA).

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Commerce Commission releases further input methodologies

1 October 2012

The Commerce Commission has today released input methodologies for the default price-quality paths that apply to electricity distribution services and gas pipeline services.

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Commerce Commission releases new information disclosure requirements for electricity and gas businesses

1 October 2012

The Commerce Commission has today released new information disclosure requirements for suppliers of electricity distribution services and gas pipeline services. Under the new requirements, regulated businesses will publicly disclose information about investment and innovation, financial performance, pricing and network management.

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September 2012

Costly error by IAG results in settlement with Commerce Commission

18 September 2012

The Commerce Commission has reached a settlement with insurer IAG New Zealand Limited (IAG) after IAG admitted it may have breached the Fair Trading Act in relation to more than 150,000 insurance policies.

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Kiwifruit pollen not as Kiwi as claimed

11 September 2012

The Commerce Commission has warned kiwifruit pollen supplier Kiwi Pollen (NZ) Limited for potentially misleading its customers about where some of its pollen was from.

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Vodafone pays hefty price for misleading consumers

10 September 2012

Fines imposed against Vodafone New Zealand Limited for breaches of the Fair Trading Act will total close to $1.5 million. Vodafone has been sentenced in the Auckland District Court today on 21 charges brought by the Commerce Commission over marketing campaigns that breached the Fair Trading Act.

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Statement of preliminary issues available for CSR/Brickworks clearance application

7 September 2012

The Commerce Commission has published a statement of preliminary issues relating to an application from CSR Building Products (NZ) Limited and Brickworks Building Products (NZ) Pty Limited seeking clearance to merge their brick businesses in New Zealand.

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Commerce Commission clears Fonterra to acquire the dairy processing assets of New Zealand Dairies Limited (in receivership)

7 September 2012

The Commerce Commission has cleared Fonterra Co-operative Group Limited to acquire the dairy processing assets of New Zealand Dairies Limited (in receivership). New Zealand Dairies processes raw milk at its Studholme factory near Waimate.

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CSR Building Products and Brickworks Building Products seek clearance to merge their brick businesses

4 September 2012

The Commerce Commission has received an application from CSR Building Products (NZ) Limited and Brickworks Building Products (NZ) Limited seeking clearance to merge their brick businesses in New Zealand.

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August 2012

Court of Appeal clears the way for trans-Tasman cartel case

31 August 2012

The Court of Appeal has issued a ruling widening the Commerce Commission's claims against Australian packaging company Visy Board Pty Ltd, for its part in an alleged cardboard packaging price-fixing cartel.

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Commerce Commission releases report on dry run review of Fonterra's farm gate milk price

27 August 2012

The Commerce Commission has today released its final report on the dry run review of how Fonterra sets its farm gate milk price.

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Commission issues draft decision on electricity distribution default price-quality path

21 August 2012

The Commerce Commission today released its draft decision to reset the default price-quality path for 16 electricity distributors.

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Commerce Commission publishes proposed framework for considering Chorus' copper services ahead of conference

17 August 2012

The Commerce Commission today published a paper outlining the relationship between Chorus' regulated copper services and associated pricing principles.

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Record $12 million penalty against Telecom stands in 'data tails' case

3 August 2012

The Court of Appeal has upheld a record $12 million penalty imposed against Telecom in April 2011 for breaching the Commerce Act, following an unsuccessful appeal by Telecom.

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July 2012

Statement of preliminary issues available for Vodafone/TelstraClear clearance application

27 July 2012

The Commerce Commission has published a statement of preliminary issues relating to an application from Vodafone New Zealand Limited seeking clearance to acquire 100% of the equity in TelstraClear New Zealand Limited.

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Two more airlines settle with Commerce Commission in air cargo case - penalties top $21 million

27 July 2012

The High Court has ordered Korean Air Lines Co. Limited (Korean Air) and Emirates to pay penalties of $3.5 million and $1.5 million respectively for breaches of the Commerce Act.

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Commission releases discussion document for statutory review of the UBA service

26 July 2012

The Commission today released a discussion document on its approach to completing a statutory review of the unbundled bitstream access (UBA) service.

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Commerce Commission identifies 29 companies potentially liable for telco development levy

24 July 2012

The Commerce Commission today released its final notification of the companies potentially liable for the $50 million Telecomunications Development Levy (TDL) for the 2011/12 year. The

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Commerce Commission to continue mobile monitoring

18 July 2012

The Commerce Commission's fourth mobile monitoring report released today continues to show a decrease in the difference between the cost of calling and texting on the same network compared to calling and texting other networks.

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Vodafone New Zealand seeks clearance to acquire TelstraClear

13 July 2012

The Commerce Commission has received an application from Vodafone New Zealand Limited seeking clearance to acquire TelstraClear Limited.

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Statement of preliminary issues available for Fonterra/New Zealand Dairies clearance application

12 July 2012

The Commerce Commission has published a statement of preliminary issues relating to an application from Fonterra seeking clearance to acquire the dairy processing assets of New Zealand Dairies Limited.

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Commerce Commission warns Sky TV over possible breach of Fair Trading Act

6 July 2012

A $1 upgrade marketing campaign by Sky Network Television Limited (Sky) has resulted in a warning from the Commerce Commission for potentially misleading customers.

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Fonterra applies to acquire New Zealand Dairies

6 July 2012

The Commission has received an application from Fonterra Co-operative Group Limited (Fonterra) seeking clearance to acquire the dairy processing assets of New Zealand Dairies Limited (NZDL).

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Commerce Commission finds backhaul competition continues to increase

5 July 2012

The Commerce Commission today released the draft decision of its annual competition review of unbundled copper local loop (UCLL) and unbundled bitstream access (UBA) backhaul link services.

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Commission welcomes appointment of Telecommunications Commissioner

4 July 2012

The Commerce Commission welcomes Dr Stephen Gale to the position of Telecommunications Commissioner.  

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Commerce Commission welcomes Court of Appeal judgment in data tails case

2 July 2012

The Court of Appeal has upheld an earlier High Court decision against Telecom for breaching section 36 of the Commerce Act, in a judgment released today in the 'data tails' case.

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June 2012

Commerce Commission issues final determinations for UFB information disclosure

29 June 2012

The Commerce Commission today issued final determinations for information disclosure requirements for companies who are building fibre networks as part of the Government's ultra-fast broadband (UFB) initiative.

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Commission concludes study into factors likely to affect the uptake of high speed broadband

29 June 2012

The Commerce Commission has today released its final report on factors that may affect the uptake of high speed broadband.

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Japan Airlines admits role in air cargo cartel - ordered to pay $2.275 million

29 June 2012

The High Court has ordered Japan Airlines Co Limited (JAL) to pay a $2.275 million penalty for breaches of the Commerce Act.

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Commerce Commission welcomes penalties against third tier lender

28 June 2012

A third tier lender who breached a number of provisions of the Credit Contracts and Consumer Finance Act (CCCF Act) has been sentenced today in the Christchurch District Court.

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Online bullion trader warned over alleged attempt to fix prices

27 June 2012

An online bullion dealer has received a warning from the Commerce Commission for an alleged attempt to fix the price of bullion sold on Trade Me last year.

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Universal Music granted clearance to acquire recorded music businesses of EMI Music

22 June 2012

The Commerce Commission has cleared Universal Music Holdings Limited, to acquire the recorded music businesses of EMI Group Global Limited, to the extent that the acquisition affects markets in New Zealand.

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Commerce Commission to issue further discussion paper on pricing of copper services

21 June 2012

The Commerce Commission today announced that it will be issuing a further discussion paper on the pricing of services over Chorus's copper local loop network.

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Commerce Commission releases draft input methodologies

15 June 2012

The Commerce Commission today released draft input methodologies for electricity distribution services and gas pipeline services.

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Commerce Commission declines clearance application for epay to acquire Ezi-Pay

15 June 2012

The Commerce Commission has declined an application from epay for clearance to acquire Ezi-Pay.

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Important win on jurisdiction issue for Commerce Commission in freight forwarding case

1 June 2012

The Court of Appeal has confirmed the New Zealand High Court's jurisdiction in the Commerce Commission's ongoing freight forwarding cartel case against Kuehne+Nagel International AG (Kuehne+Nagel).

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Court of Appeal confirms Commerce Commission decision to not set input methodology

1 June 2012

The Commerce Commission welcomes a Court of Appeal decision today confirming that the Commission is not required to determine a starting price input methodology for electricity distribution and gas pipeline services.

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May 2012

Commission releases process and issues paper for review of airport services

31 May 2012

The Commerce Commission has released a process and issues paper for the review of how effectively information disclosure regulation is working in the airports sector.

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Commerce Commission releases draft report on dry run review of Fonterra's farm gate milk price

31 May 2012

The Commerce Commission has today released a draft report on the dry run review of Fonterra's farm gate milk price and is seeking submissions from interested parties on its initial conclusions.

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Commission urges tax refund agents to comply with the Fair Trading Act

22 May 2012

The Commerce Commission has put personal tax summary intermediaries (PTSIs) on notice that they may be failing to meet their obligations under the Fair Trading Act.

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Commerce Commission identifies factors likely to affect the uptake of high speed broadband

21 May 2012

The Commerce Commission has released its draft report on factors that may affect the uptake of high speed broadband.

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Commission finds Igloo joint venture unlikely to lessen competition in pay TV market

16 May 2012

The Commerce Commission has completed its investigation into the joint venture between Television New Zealand Limited (TVNZ) and Sky Network Television Limited (Sky) finding the pay TV market will not be less competitive as a result of the venture.

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Pact Group granted clearance to acquire Viscount Plastic NZ subject to a divestment undertaking

10 May 2012

The Commerce Commission has cleared Pact Group Pty Limited to acquire the plastic pails business of Viscount Plastic (NZ) Limited.

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Commerce Commission releases draft price for the unbundled copper local loop for consultation

4 May 2012

The Commerce Commission today published its revised draft decision re-benchmarking the wholesale price for the unbundled copper local loop service (UCLL).

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Competition becoming more intense in telecommunications market - annual monitoring report

1 May 2012

The Commerce Commission today released its 2011 telecommunications annual monitoring report analysing the state of New Zealand's telecommunications markets.

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April 2012

Update on the Commerce Commission's investigation into Credit Sails

24 April 2012

The Commerce Commission's investigation into the failure of the Credit Sails investment product has reached a point where the Commission is now able to update investors and the public.

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Commerce Commission issues draft determinations for UFB information disclosure

23 April 2012

The Commerce Commission today issued draft determinations for the information disclosure requirements for companies who are building fibre networks as part of the Government's ultra-fast broadband (UFB) initiative.

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Commerce Commission defines criteria for persons potentially liable for telco development levy

19 April 2012

The Commerce Commission today set out their preliminary views on the persons potentially liable for the Telecomunications Development Levy (TDL) for the 2011/12 year.

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Customers switching for better broadband and cheaper mobile

12 April 2012

A nationwide survey conducted for the Commerce Commission on consumer switching behaviour has found that the main reason consumers give for switching fixed-line telecommunications service providers is to obtain better broadband services, and cheaper rates is the main reason for switching mobile phone service providers.

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Start-up daily deal website warned for bait advertising under Fair Trading ActNew MediaRelease

12 April 2012

Being unable to supply advertised daily deal vouchers has today earned a start-up Christchurch-based website a warning about bait advertising from the Commerce Commission.  

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Cross-net mobile traffic continues to increase

5 April 2012

The Commerce Commission's third mobile monitoring report released today shows a continuation of the narrowing between the costs of on and off-net calls and texts indicated in early reports. This has resulted in an increase in calling and texting between mobile networks.

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March 2012

Statement of preliminary issues available for Universal/EMI clearance application

30 March 2012

The Commerce Commission has published a statement of preliminary issues relating to an application received from Universal Music New Zealand Limited (Universal) seeking clearance to acquire up to 100% of the shares in the recorded music business of EMI Music New Zealand Limited (EMI).

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Visy granted clearance to acquire HP Industries

30 March 2012

The Commerce Commission has cleared VRPS Limited, a subsidiary of Visy Industries Australia Pty Limited (Visy), to acquire certain businesses and assets of HP Industries Holding Limited and HP Industries (New Zealand) Limited. The businesses and assets relate to PET bottles, plastic containers, and plastic closures.

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Commerce Commission cautions playground equipment companies over safety claims

26 March 2012

The Commerce Commission has cautioned children's playground manufacturers and suppliers who say they comply with safely standards that they need to ensure they aren't making false claims. Any false claims would be in breach of the Fair Trading Act 1986.

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Commerce Commission warns Progressive Enterprises over misleading sales claims

23 March 2012

The Commerce Commission has issued a warning to the supermarket company Progressive Enterprises Limited about beer sale promotions that the Commission alleges breached the Fair Trading Act.

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Southern Community Laboratories cleared to acquire Medlab South

23 March 2012

The Commerce Commission has granted clearance for Southern Community Laboratories Limited (SCL) to acquire 100% of the shares in Medlab South Limited from Sonic Healthcare (New Zealand) Limited.

 

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Universal Music applies for clearance to acquire the recorded music business of EMI Music

19 March 2012

The Commerce Commission has received an application from Universal Music New Zealand Limited seeking clearance to acquire certain shares or assets in the recorded music business of EMI Music New Zealand Limited. The application relates to a global merger.

 

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Commerce Commission commences annual competition review of backhaul services

16 March 2012

The Commerce Commission today commenced its annual competition review of unbundled copper local loop (UCLL) and unbundled bitstream access (UBA) backhaul link services.

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Commerce Commission selects TrueNet to test broadband quality

15 March 2012

The Commerce Commission announced today it has selected TrueNet to conduct testing to measure the quality of the broadband services being provided in New Zealand.

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Fonterra's proposed Kotahi joint venture unlikely to lessen competition - final decision by Commerce Commission

15 March 2012

The Commerce Commission has declined to authorise a proposed Kotahi Logistics LP joint venture between Fonterra Co-operative Group Limited and Silver Fern Farms Limited, as it would be unlikely to harm competition, and therefore does not need an authorisation under the Commerce Act.

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Dulux recalls toy dogs after complaint to Commerce Commission

14 March 2012

The Dulux Group is voluntarily recalling more than 100,000 promotional toy dogs in New Zealand and Australia that may not comply with the New Zealand Product Safety Standards (Toys) Regulations 2005 (the Regulations) for children's toys.

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Statement of Preliminary Issues available for Southern Community Laboratories/ Medlab South clearance application

12 March 2012

The Commerce Commission has published a statement of preliminary issues relating to an application from Southern Community Laboratories Limited seeking clearance to acquire 100% of the shares in Medlab South Limited (Medlab South).

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Southern Community Laboratories applies for clearance to acquire Medlab South

2 March 2012

The Commerce Commission has received an application from Southern Community Laboratories Ltd (SCL) seeking clearance to acquire 100% of the shares in Medlab South Limited.

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IAG granted clearance to acquire part of AMI

1 March 2012

 The Commerce Commission has granted a clearance application for IAG (NZ) Holdings Limited to acquire certain business assets of AMI Insurance Limited.

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February 2012

Extension to the submission date on TDL discussion paper

22 February 2012

The deadline for submissions on the Commerce Commission's discussion document, Determining the liability for the Telecommunications Development Levy for 2011/12 and beyond, has been extended.

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Statement of preliminary issues available for Visy/HP clearance application

21 February 2012

The Commerce Commission has published a statement of preliminary issues relating to an application from VPRS Limited and Visy Industries Australia Pty Limited seeking clearance to acquire certain businesses and assets of HP Industries Holding Limited and HP Industries (New Zealand) Limited.

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Join the webcast of The Future with High Speed Broadband: Opportunities for New Zealand conference

20 February 2012

The Commerce Commission conference The Future with High Speed Broadband: Opportunities for New Zealand being held over the next two days at Sky City Hotel in Auckland is being webcast.

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Commerce Commission releases final issue paper on high speed broadband demand-side study

9 February 2012

The Commerce Commission has today released the last of three issues papers relating to the uptake of high speed broadband ahead of The Future with High Speed Broadband: Opportunities for New Zealand conference to be held on 20 and 21 February 2012 in Auckland.

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Visy seeks clearance to acquire HP Industries

3 February 2012

The Commerce Commission has received an application from VPRS Limited and Visy Industries Australia Pty Limited (together Visy) seeking clearance to acquire certain businesses and assets of HP Industries Holding Limited and HP Industries (New Zealand) Limited (together HP).

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Commerce Commission releases discussion paper on telco levy allocation

2 February 2012

The Commerce Commission today released a discussion paper on how it intends to implement the new Telecommunications Development Levy liability allocation process.

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Statement of preliminary issues available for epay/Ezi-Pay clearance application

1 February 2012

The Commerce Commission has published a statement of preliminary issues relating to an application from epay New Zealand Ltd seeking clearance to acquire Ezi-Pay Ltd.

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Chrisco fined $175,000 for misleading customers about cancellations

1 February 2012

Christmas hamper company Chrisco Hampers Limited was fined $175,000 in the Manukau District Court today after pleading guilty to breaching the Fair Trading Act by misleading customers about their cancellation rights under the Layby Sales Act.

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January 2012

Commerce Commission finalises input methodology for approving Transpower's national grid spending

31 January 2012

The process for approving investment in the national grid took an important step forward today with the release of the Commerce Commission's final determination of Transpower's Capital Expenditure Input Methodology.

 

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Statement of preliminary issues available for IAG/AMI clearance application

25 January 2012

The Commerce Commission has published a statement of preliminary issues relating to an application from IAG seeking clearance to acquire AMI Insurance. Both IAG and AMI supply general insurance including house, contents, and motor vehicles.

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Commerce Commission releases second issues paper on high speed broadband demand-side study

24 January 2012

The Commerce Commission has today released the second of three issues papers relating to the uptake of high speed broadband ahead of a public conference in February 2012.

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Commerce Commission issues advice to alternative allergy treatment providers

18 January 2012

The Commerce Commission is urging alternative health providers to review their claims about diagnosing and curing allergies, particularly to food, to ensure they do not breach the Fair Trading Act.

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epay New Zealand Ltd seeks clearance to acquire Ezi-Pay Ltd

18 January 2012

The Commerce Commission has received an application from epay New Zealand Ltd seeking clearance to acquire Ezi-Pay Ltd.   The acquisition would also include certain assets of Compass Communications and the assets or shares of EFTDATA Holdings Ltd.   The latter two companies have the same shareholders as Ezi-Pay Ltd.

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Commerce Commission dealing with daily deal sites at the source

11 January 2012

The Commerce Commission has stemmed a growing tide of complaints about daily deal and group buying websites with a proactive approach to educating the websites about consumer law.

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