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25 Jan 2024
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Christchurch Airport pricing decisions 'reasonable' says Commission
The Commerce Commission has today published its final report on Christchurch International Airport Limited’s 2022 – 2027 price setting event and has concluded that the airport’s estimated cost of capital and target profit are reasonable.Read more
25 Jan 2024
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Commission seeks feedback on issues for Transpower's expenditure proposal
The Commerce Commission has today released a paper outlining the key issues it will focus on as it works to set expenditure and quality levels for Transpower from 2025.Read more
18 Jan 2024
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ComCom to launch action against two car finance lenders
In its most significant action in the car finance sector to date, the Commerce Commission will file civil proceedings in the High Court against Go Car Finance Limited and Second Chance Finance Limited alleging that the lenders breached the CCCFA when providing car finance to borrowers.Read more
18 Jan 2024
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Statement of Preliminary Issues released for proposed Foodstuffs merger
The Commerce Commission has published a statement of preliminary issues relating to an application from Foodstuffs North Island Limited and Foodstuffs South Island Limited seeking clearance to merge.Read more
17 Jan 2024
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Statement of Preliminary Issues released for St John's application to acquire certain medical alarm and monitoring assets from Securely
The Commerce Commission has published a statement of preliminary issues relating to an application from The Priory in New Zealand of the Most Venerable Order of the Hospital of St John of Jerusalem (St John) seeking clearance to acquire certain assets from Electra Limited, which trades as Securely.Read more
16 Jan 2024
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Payments NZ seeks authorisation to further develop its open banking framework
The Commerce Commission has received an application from Payments NZ Limited (Payments NZ) seeking authorisation to work with API providers and third parties to develop arrangements that, according to Payments NZ, will facilitate a more well-utilised, secure and innovative open banking framework.Read more
22 Dec 2023
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Ngāi Tahu Tourism withdraws application for KJet and Time Tripper acquisition
Ngāi Tahu Tourism has formally withdrawn its application to the Commerce Commission for clearance to acquire the tourism jet boating business trading as 'KJet' and related assets (including 100% of the shares in Time Tripper Limited) from Kawarau Jet Services Holdings Limited, KJet Limited, and Time Tripper Limited.Read more
21 Dec 2023
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St John seeks clearance to acquire Securely’s medical alarm and monitoring business
The Commerce Commission has received a clearance application from The Priory in New Zealand of the Most Venerable Order of the Hospital of St John of Jerusalem (St John) to acquire certain assets from Electra Limited, which trades as Securely. Specifically, St John seeks to acquire assets relating to Securely’s medical alarm and monitoring for use in private homes, retirement homes and retirement villages, duress alarms for lone workers and personal alarms used in conjunction with New Zealand Police monitoring. However, the proposed acquisition excludes Securely’s property security alarms used for government, commercial and residential purposes.Read more
20 Dec 2023
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Commission authorises the restrictions on the advertising and marketing of infant formula
The Commerce Commission has granted authorisation to the current and future members of the Infant Nutrition Council Limited (INC) to restrict their advertising and marketing of formula products for infants aged up to 12 months old.Read more
20 Dec 2023
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Commission alleges Zoono’s 24 hour and 30 day germ killing claims not backed-up
The Commerce Commission has filed charges against Zoono Limited (Zoono), alleging it made unsubstantiated representations about the performance of its hand and surface sanitiser products.Read more