26 Oct 2023

Mobile providers fail to improve their billing apps for the second year in a row

Consumer NZ has reviewed the usefulness of mobile billing information for the second year in a row and is disappointed by the lack of progress made by New Zealand’s three Pay Monthly mobile providers. The Commerce Commission engaged Consumer to undertake this independent review.
Read more

20 Oct 2023

Statement of Preliminary Issues released for Sealord’s proposed acquisition of Independent Fisheries

The Commerce Commission has published a statement of preliminary issues relating to an application from Sealord Group Limited seeking clearance to acquire the fishing business of Independent Fisheries.
Read more

19 Oct 2023

Statement of Issues released for proposed Queenstown jet boats merger

The Commerce Commission has published a statement of issues relating to an application from Ngāi Tahu Tourism Limited seeking clearance for itself (or a wholly-owned subsidiary) 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

12 Oct 2023

AlphaTheta seeks clearance to acquire Serato

The Commerce Commission has received a clearance application from AlphaTheta Corporation (AlphaTheta), seeking clearance to acquire Serato Audio Research Limited (Serato).
Read more

11 Oct 2023

Commission proposes to authorise the restrictions on the advertising and marketing of infant formula

The Commerce Commission has reached a preliminary view that it should grant 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

9 Oct 2023

Commission grants clearance for Real NZ to acquire Spirit of Queenstown

The Commerce Commission has granted clearance to Real Journeys Limited (trading as Real NZ) for itself (or any interconnected body-corporate) to acquire the vessel, the Spirit of Queenstown, and associated assets from Southern Discoveries Limited.
Read more

27 Sep 2023

Customers refunded nearly $480k in settlement with ComCom

A Commerce Commission investigation and subsequent High Court proceedings has resulted in more than 2,600 customers being refunded a total of nearly $480,000 after three companies, part of the Vocus Group, breached the Fair Trading Act.
Read more

26 Sep 2023

Cyclone impacts on Grid highlights importance of resilience planning

The Commerce Commission says the impacts on households and business customers from electricity outages following Cyclone Gabrielle highlight the need for a ‘new normal’ in asset management planning and investment strategies.
Read more

21 Sep 2023

Sealord seeks clearance to acquire Independent Fisheries

The Commerce Commission has received a clearance application from Sealord Group Limited (Sealord) seeking clearance to acquire the fishing business of Independent Fisheries. Under the proposed acquisition, Sealord would acquire 100% of the shares in Independent Fisheries Limited (including its annual catch entitlement), and other assets including quota, annual catch entitlement, premises, plant and equipment from IFL’s parent company Independent Fisheries Holdings Limited and its related entities.
Read more

21 Sep 2023

ComCom calls for telcos to unpack bundles of ‘confusion’

The Commerce Commission has today released draft guidelines that would require telcos to unpack bundled offers so that Kiwi consumers can easily compare prices and make informed choices about the true value they offer.
Read more