Media releases
Media releases from the Commerce Commission.
Commission declines Vector’s request to relax reliability standards
The Commerce Commission has declined Vector’s request to relax the reliability standards that apply to its electricity network. Vector claimed that changes to health and safety legislation required it to change its policies so that network maintenance and repairs could in most cases only be undertaken on de-energised lines. These new policies have increased the duration of outages on Vector’s network.
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Commission opens first market study into retail fuel sector
The Commerce Commission has today commenced a market study into factors that may affect competition for the supply of retail petrol and diesel used for land transport throughout New Zealand.
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Statement of Preliminary Issues released for Fletcher Building/Waikato Aggregates
The Commerce Commission has published a Statement of Preliminary Issues relating to an application by Fletcher Building Limited to acquire all the assets and employees of Waikato Aggregates Limited, including the right to extract and process sand from the Tamahere quarry. Waikato Aggregates will maintain ownership of the underlying land of the quarry.
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Letter of issues for DLF Seeds acquisition of PGG Wrightson Seeds
The Commerce Commission has sent a letter of issues to DLF Seeds in relation to its proposed acquisition of PGG Wrightson Seeds.
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Commission outlines approach for improving telecommunications retail service quality
The Commerce Commission has today published a framework paper outlining its approach to implementing new provisions under the Telecommunications Act to improve retail service quality for consumers.
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Commission proposes to authorise Tennex’s acquisition of San-i-Pak
The Commerce Commission has today released a draft determination proposing to grant authorisation to Tennex to acquire the assets of competing Canterbury-based waste firm San-i-Pak.
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Jeweller Michael Hill fined $169,000 in extended warranty case
Jewellery retailer Michael Hill New Zealand Limited (Michael Hill) has been fined $169,000 in the Wellington District Court today following a Commerce Commission investigation into its extended warranty product.
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Fletcher Building seeks clearance to acquire the business of Waikato Aggregates
The Commerce Commission has received a clearance application from Fletcher Building Limited (Fletcher Building) to acquire all the assets and employees of Waikato Aggregates Limited (Waikato Aggregates), including the right to extract and process sand from the Tamahere quarry. However, Waikato Aggregates will maintain ownership of the underlying land of the quarry.
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Scanpower and GasNet warned for breaching information disclosure requirements
The Commerce Commission has issued formal warnings to Dannevirke-based electricity lines company Scanpower and Whanganui-based gas distributor GasNet for failing to publish full asset management plans by their regulatory deadlines.
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Commission releases Consumer Issues Report for 2017/18 year
The Commerce Commission has released its Consumer Issues Report for the year to 30 June 2018.
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