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Our vision is that New Zealanders are better off because markets work well and consumers and businesses are confident market participants.
The Commerce Commission is requiring mobile network operators to make it easier for Kiwi consumers to compare coverage between providers, and to exit without penalty if they run into coverage problems.
Read moreThe Electricity Authority Te Mana Hiko and the Commerce Commission Te Komihana Tauhokohoko have established an Energy Competition Task Force to develop a series of short- and medium-term actions to improve the performance of electricity markets. The Ministry of Business, Innovation and Employment (MBIE) is also involved in the Task Force as an observer.
Read moreThe Commerce Commission has concluded legal action against TSB (TSB Bank Limited) and secured a $2.47 million penalty from the bank for historic breaches of the Credit Contracts and Consumer Finance Act (CCCFA). The bank charged approximately $3.6 million more than it lawfully should have through unreasonable credit and default fees.
Read moreThe Commerce Commission is seeking feedback on its draft decision that it is too early to investigate the deregulation of fibre (UFB – Ultra Fast Broadband) services.
Read moreThe Commerce Commission has received an application from Elgas Limited to acquire 60.25% of the shares in Liquigas Limited from Vector Investment Holdings Limited, as well as the assets of On Gas Limited from Vector Limited.
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