Commerce Commission raises the alarm over potentially dangerous children’s toy
The Commerce Commission will be filing criminal charges against The Warehouse Limited (The Warehouse) for supplying and selling “Roo Crew Take-Apart Vehicle Toys,” which the Commission believes present a safety risk for young children.
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ComCom alleges Jetstar misled consumers about compensation for flight delays and cancellations
The Commerce Commission will be filing charges against Jetstar under the Fair Trading Act, alleging Jetstar misled consumers about their rights to compensation when flights were delayed or cancelled for reasons within Jetstar’s control.
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Statement of Preliminary Issues released for Elgas’ proposed acquisition of Vector’s LPG assets and Liquigas shares
The Commerce Commission has published a statement of preliminary issues relating to an application from Elgas Limited seeking clearance 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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ComCom pushes telcos for better mobile coverage information with ‘exit right’
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.
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Energy Competition Task Force set up to improve electricity market performance
The 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.
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Court confirms TSB charged over $3 million in “unreasonable” fees
The 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.
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ComCom says too early to look at deregulation of fibre services
The 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.
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Elgas seeks clearance to acquire Vector’s LPG assets and Liquigas shares
The 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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Dairy company guilty of making false claims of “100% Pure New Zealand” on products from India
Hamilton-based dairy company, Milkio Foods Limited has been fined $420,000 for misleading customers about the origin of some of their dairy products with claims like “100% Pure New Zealand” despite importing the core ingredient from India.
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Commission cuts excess expenditure and keeps Chorus focused on delivering for consumers
The Commerce Commission has today issued its final decision to approve $1.722 billion expenditure by Chorus over the next four years (2025-2028) – but disallow $172.6 million that would have flowed through to price increases for consumers.
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