Media releases
Media releases from the Commerce Commission.
Showing 1
to 10
of 3,410 results
30 Jun 2020
Read more
High Cost lender Ferratum admits responsible lending breaches
High-cost lender Ferratum New Zealand Limited has admitted breaching responsible lending provisions of the Credit Contracts and Consumer Finance Act 2003 (CCCF Act).Read more
25 Jun 2020
Read more
Kitset home business director pleads guilty to breaching the Fair Trading Act
Emma Gestro the director of now defunct Get Design and Sales Limited (Get Design) has pleaded guilty to three charges laid by The Commerce Commission for breaching the Fair Trading Act when taking payment for goods.Read more
23 Jun 2020
Read more
Couple and company fined for false or misleading fire extinguisher servicing claims
A fire extinguisher service company, its owner and his wife have been fined a total of $60,000 on Fair Trading Act charges and have undertaken that they will no longer participate in the fire extinguisher servicing industry, following a Commerce Commission investigation.Read more
22 Jun 2020
Read more
AJ Park seeks clearance to acquire Baldwins
The Commerce Commission has received a clearance application from AJ Park IP Limited to acquire the assets of Baldwins Intellectual Property, Baldwin Holdings Limited, Baldwins Intellectual Property Limited and Baldwins Law Limited.Read more
22 Jun 2020
Read more
Commission closes investigation into Datix’s acquisition of RL Solutions
The Commerce Commission closed its investigation into Datix’s acquisition of RL Solutions on 10 December 2019 as its concerns with the acquisition were addressed.Read more
22 Jun 2020
Read more
Health supplement firm fined $194,400 for mislabelling its products and found guilty of failing to supply information to the Commission
Invercargill firm Gateway Solutions Limited (formerly trading as Silberhorn Limited) has been fined $194,400 in the Dunedin District Court for misrepresentations it made about its deer velvet health supplements. The company and its director and majority shareholder, Mr Ian Carline, were also found guilty of failing to supply information to the Commission during its investigation.Read more
18 Jun 2020
Read more
$120K in fines for unsafe “Ha-ha Groan Hammer” and rubber animals
Two importing companies have been fined a total of $120,750 on Fair Trading Act charges following toy safety investigations by the Commerce Commission.Read more
16 Jun 2020
Read more
Draft decision approving Transpower’s $154m major capex proposal
The Commerce Commission has published its draft decision paper approving a major capital expenditure proposal from Transpower New Zealand Limited (Transpower).Read more
16 Jun 2020
Read more
Commission receives Aurora Energy’s application to increase prices to fund $383 million network investment plan
The Commerce Commission has received Aurora Energy’s (Aurora) application to increase its prices to fund a $383 million 3-year plan to address safety and reliability issues on its electricity lines network.Read more
12 Jun 2020
Read more
Commission grants clearance for Verifone to acquire Smartpay
The Commerce Commission has granted clearance to Verifone New Zealand (Verifone) to acquire the assets used by Smartpay Holdings Limited and its subsidiaries to operate the Smartpay business in New Zealand (Smartpay) (the proposed acquisition).Read more