Media releases
Media releases from the Commerce Commission.
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of 3,381 results
2 Apr 2020
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Supreme Court upholds Commission win in Hamilton real estate cartel case
The Supreme Court has upheld a Court of Appeal judgment which found Hamilton-based Lodge Real Estate and Monarch Real Estate and their directors engaged in price-fixing in breach of the Commerce Act.Read more
2 Apr 2020
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Commission grants clearance for T&G application to acquire Freshmax
The Commerce Commission has granted clearance for Turners & Growers Fresh Limited to acquire 100% of the shares in Freshmax NZ Limited.Read more
1 Apr 2020
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Dechra seeks clearance to acquire Osurina from Elanco
The Commission has received a clearance application from Dechra Pharmaceuticals PLC, Dechra Limited and Dechra Veterinary Products LLC seeking clearance to acquire from Elanco Tiergesundheit AG its worldwide assets, rights and liabilities relating to Osurnia, a treatment for otitis in dogs.Read more
31 Mar 2020
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Electricity bills expected to reduce for Powerco and Wellington Electricity consumers
Electricity bills for consumers of two electricity lines companies in the North Island are expected to reduce from 1 April as a result of a downward adjustment to Powerco and Wellington Electricity’s allowable revenues.Read more
27 Mar 2020
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Statement of Issues released for Mylan N.V./Upjohn Inc. clearance application
The Commerce Commission has published a Statement of Issues relating to an application from Mylan N.V. (Mylan) and Upjohn Inc. (Upjohn) seeking clearance to merge their global pharmaceutical businesses.Read more
24 Mar 2020
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Aurora Energy penalised almost $5 million for excessive level of power outages
Dunedin-based lines company Aurora Energy (Aurora) has been ordered by the High Court at Wellington to pay a penalty of almost $5 million for contravening its network quality standards through an excessive level of power outages in the 2016-19 years.Read more
22 Mar 2020
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COVID-19 - Commerce Commission approach to essential goods and services business cooperation
The Commerce Commission welcomes the Government’s Policy Statement today in relation to maintaining confidence in the market for essential goods and services such as grocery products.Read more
12 Mar 2020
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Annual Telecommunications Monitoring Report shows fibre broadband overtakes copper
The Commerce Commission has released its Annual Telecommunications Monitoring Report highlighting trends in the industry, including that fibre has overtaken copper as the main way Kiwi households access the internet from home.Read more
11 Mar 2020
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Feedback wanted on draft protections for consumers who rely on home phones to contact 111
The Commerce Commission is seeking feedback on a code to protect consumers who are at particular risk of needing to contact emergency services and only have access to a home phone to do so.Read more
10 Mar 2020
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HSBC warned over disclosure failures
The Commerce Commission has issued a warning to The Hongkong and Shanghai Banking Corporation Limited (HSBC) over its failure to comply with the information disclosure requirements of the Credit Contracts and Consumer Finance Act 2003 (CCCFA).Read more