Media releases
Media releases from the Commerce Commission.
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of 3,534 results
12 May 2021
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Commission maintains regulation of three telco services to protect consumers
The Commerce Commission announced today it will keep regulation in place for three wholesale telecommunications services to continue to promote competition and protect consumers.Read more
10 May 2021
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Commission warns Genesis over business billing errors
The Commerce Commission has issued a warning to Genesis Energy Limited about billing errors concerning electricity line charges to business customers.Read more
7 May 2021
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UDC settlement with Commission on unreasonable fees
Finance company UDC Finance Limited (UDC) has entered into a settlement with the Commerce Commission, acknowledging that it charged unreasonable default fees and agreeing to compensate borrowers.Read more
4 May 2021
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Commission files proceedings against alleged taxi cartel
The Commerce Commission has filed proceedings at the High Court in Wellington against Hutt and City Taxis Limited (Hutt & City) for alleged price fixing.Read more
4 May 2021
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Concrete Group subsidiary seeks clearance to acquire Drymix
The Commerce Commission has received a clearance application from Dunlop Drymix Limited, a subsidiary of the Concrete Group Limited, seeking clearance to acquire the assets and business of six companies that collectively trade in New Zealand as Drymix.Read more
4 May 2021
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ASB admits responsible lending failures and agrees to pay customers $8.1m following a Commission investigation
ASB Bank Limited (ASB) has entered into a settlement with the Commerce Commission after admitting it failed to ensure its systems and processes were sufficient to ensure that required information was given to more than 73,000 home and personal loan customers who made certain changes to their loans.Read more
30 Apr 2021
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Revised process for implementing new regulatory regime for Chorus
The Commerce Commission has released papers outlining its approach to determining Chorus’ initial price-quality regulatory asset base (PQ RAB) and price-quality path (PQ) under the new regulatory regime for fibre providers.Read more
29 Apr 2021
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Commission seeks views on regulatory priorities for energy networks and airports
The Commerce Commission has published an open letter canvassing views on how it should prioritise its regulatory work programme to help the energy and airport sectors address upcoming issues including New Zealand’s transition to a low-carbon economy and managing any continuing impact of COVID-19.Read more
28 Apr 2021
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Vodafone found guilty of misleading conduct over “FibreX” service
Vodafone NZ Limited has been found guilty of engaging in conduct that was liable to mislead consumers in relation to its FibreX branded broadband service.Read more
23 Apr 2021
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Key issues identified for first review of Telco Dispute Resolution Scheme
The Commerce Commission has published a paper outlining the key issues it intends to focus on for its first review of the Telecommunications Dispute Resolution Scheme (TDRS).Read more