Media releases
Media releases from the Commerce Commission.
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21 Nov 2023
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NZ Post seeks clearance to acquire courier business assets of PBT Couriers
The Commerce Commission has received an application from New Zealand Post Limited (NZ Post) seeking clearance for it, or any interconnected body corporate, to acquire certain courier business assets of PBT Group Limited (PBT). Specifically, NZ Post seeks to acquire PBT’s existing contracts with businesses who have signed contracts to use PBT’s courier services.Read more
16 Nov 2023
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Commission invites views on Chorus’ proposed $2 billion investment
The Commerce Commission is consulting on Chorus’ proposal to spend $2.1 billion between 2025-2028 – the second period of the new fibre regulatory regime.Read more
16 Nov 2023
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Commission sees consumer benefit in Transpower’s proposed $393m spend on the grid, but questions timing of HVDC upgrade
The Commerce Commission has issued its draft decision approving Transpower’s proposed $392.9 million investment in the electricity transmission grid based on the benefit to Kiwi electricity consumers.Read more
14 Nov 2023
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Commission grants clearance for Sealord’s proposed acquisition of Independent Fisheries
The Commerce Commission has granted clearance for Sealord Group Limited to acquire the fishing business of Independent Fisheries.Read more
13 Nov 2023
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Statement of Preliminary Issues released for Kingspan’s proposed acquisition of Conqueror
The Commerce Commission has published a statement of preliminary issues relating to an application from Kingspan Limited seeking clearance to acquire the insulated panel and insulation boards business of Conqueror New Zealand Limited.Read more
9 Nov 2023
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Farmlands Co-operative Society seeks clearance to acquire Seales Winslow
The Commerce Commission has received an application from Farmlands Co-operative Society Limited seeking clearance to acquire 100% of the shares of Seales Winslow Limited.Read more
6 Nov 2023
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Competition, consumer and economic regulatory authorities form network to promote well-functioning markets in the Pacific
The Commerce Commission has joined competition, consumer protection, and economic regulators from across the Pacific to share intelligence, investigative techniques, and best practice in a newly formed initiative - the Pacific Island Network of Competition Consumer and Economic Regulators or PINCCER.Read more
3 Nov 2023
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One NZ seeks clearance to acquire Dense Air
The Commerce Commission has received an application from One New Zealand Group Limited seeking clearance to acquire 100% of the shares in Dense Air New Zealand Limited from Dense Air Limited and SoftBank Corp.Read more
2 Nov 2023
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Commission focussed on ensuring consumers benefit from large-scale investment in electricity lines
The Commerce Commission will have a close eye on ensuring that the growing investment in electricity lines maximises benefits to Kiwi consumers – as the sector goes into a period of investment that is likely to total in the tens of billions over the next decade.Read more
30 Oct 2023
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The Top 3 on the Grocery Commissioner’s fix-it list
New Zealand’s grocery watchdog, Pierre van Heerden, has today revealed the ‘Top 3’ on his current fix-it list for the country’s $25 billion supermarket sector:Read more