Media releases
Media releases from the Commerce Commission.
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of 3,954 results
6 Jul 2023
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ComCom concerned One NZ “100% mobile coverage” ads misleading – issues Stop Now
The Commerce Commission has issued a Stop Now Letter to One NZ (formerly Vodafone NZ) for representations made in its campaign promoting “100% mobile coverage. Launching 2024”.Read more
4 Jul 2023
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Kookmin Bank to refund $11m to Kiwi borrowers in settlement with ComCom
Kookmin Bank has committed to refunding more than $11 million to affected borrowers in New Zealand following a Commerce Commission investigation.Read more
3 Jul 2023
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Commission updates Authorisation Guidelines and application form
The Commission has revised its Authorisation Guidelines and application form following amendments to the Commerce Act and the release of its Business Collaboration in response to an emergency guidance.Read more
28 Jun 2023
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Commerce Commission amends TAB/Tabcorp authorisation
Following a request from TAB New Zealand, the Commerce Commission (Commission) has decided to amend the authorisation granted by the Commission to certain arrangements between the New Zealand Racing Board (now called TAB) and Tabcorp Wagering Manager (Vic) Pty Ltd (Tabcorp) to also apply to Entain Plc (Entain) and its New Zealand subsidiaries.Read more
26 Jun 2023
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ComCom files appeal, argues NZME fine “manifestly inadequate”
The Commerce Commission has filed an appeal in the Auckland High Court against the sentence imposed on NZME Advisory Limited (NZME) last month for its offending under product safety laws, when it supplied magnetic puzzle toys through its previously owned online store GrabOne.co.nz.Read more
21 Jun 2023
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Commission opens market study into personal banking services
The Commerce Commission has opened a market study into personal banking services that will examine how well competition is working and consider options for enhancing competition for the long-term benefit of Kiwi consumers.Read more
20 Jun 2023
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Statement of Issues released for Microsoft’s proposed acquisition of Activision
The Commerce Commission has published a Statement of Issues relating to an application from Microsoft seeking clearance to acquire Activision Blizzard.Read more
15 Jun 2023
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Telco Annual Monitoring Report shows rural Kiwis paying more for less
The Commerce Commission’s 2022 Annual Telecommunications Monitoring Report released today puts the spotlight on rural services for the first time – highlighting that Kiwis in more rural areas are likely to have significantly lower performing broadband services that are more expensive compared with urban areas.Read more
14 Jun 2023
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Commission publishes draft decisions on key rules for energy and airport infrastructure
The Commerce Commission is today seeking feedback on draft decisions on its regulatory rules governing energy networks and major international airports.Read more
12 Jun 2023
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Statement of Preliminary Issues released for Moana’s proposed acquisition of Sanford’s North Island inshore fishing business
The Commerce Commission has published a statement of preliminary issues relating to an application from Aotearoa Fisheries Limited (trading as Moana New Zealand) seeking clearance to acquire Sanford Limited’s North Island inshore fishing business. Under the proposed acquisition, Sanford would lease its North Island inshore fishing quota (specifically its annual catch entitlement) to Moana under a long term arrangement.Read more