Media releases
Media releases from the Commerce Commission.
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of 3,958 results
10 Apr 2024
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Commerce Commission drives legal action against Beaurepaires
The Commerce Commission has filed seven charges against Beau Ideal Limited, formerly trading as Beaurepaires, under the Fair Trading Act for allegedly selling non-compliant extended warranties without customers’ knowledge or consent.Read more
8 Apr 2024
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New “RealSpeed” report brings broadband testing into the home
The Commerce Commission has today released its first “RealSpeed” report alongside its regular quarterly Measuring Broadband New Zealand (MBNZ) results – providing new insights into broadband performance in Kiwi homes.Read more
4 Apr 2024
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Statement of Issues released for proposed Foodstuffs merger
The Commerce Commission has published a statement of issues relating to an application from Foodstuffs North Island Limited and Foodstuffs South Island Limited seeking clearance to merge.Read more
4 Apr 2024
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Commission grants clearance for Farmlands to acquire Seales Winslow
The Commerce Commission has granted clearance for Farmlands Co-operative Society Limited to acquire 100% of the shares of Seales Winslow Limited.Read more
21 Mar 2024
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Disruptive forces needed to drive change in NZ’s personal banking sector
The country’s first competition study into personal banking services has revealed a two-tier sector with limited competition and no disruptive forces to drive change and deliver consumer benefits.Read more
29 Feb 2024
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Commission reviews past merger decisions to assess competitive impacts
The Commerce Commission has released a report of its findings following a review of 13 merger applications assessed between 2014 and 2019.Read more
29 Feb 2024
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Formal warning for The Lines Company outages – focus on recovery plan
In the wake of multiple outages and the failure to meet minimum quality standards, the Commerce Commission has accepted enforceable undertakings from The Lines Company Limited (TLC), which connects 18,000 electricity customers throughout the King Country, Ruapehu and Central Plateau.Read more
29 Feb 2024
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Commission confirms greater transparency requirements for lines companies as energy transition continues
The Commerce Commission has published its final decision on the changes to information New Zealand’s local lines companies must disclose publicly as they adapt to an increasing demand on their networks, driven in large part by New Zealand’s commitment to decarbonisation.Read more
29 Feb 2024
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Commission grants clearance for St John to acquire medical alarm and monitoring assets from Securely
The Commerce Commission has granted clearance for The Priory in New Zealand of the Most Venerable Order of the Hospital of St John of Jerusalem (St John) to acquire certain assets relating to the medical alarm and monitoring business, which includes lone worker and duress alarm monitoring, from Electra Services Limited, which trades as Securely. The proposed acquisition excludes Securely’s property security alarms used for government, commercial and residential purposes.Read more
28 Feb 2024
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Statement of Issues released for NZ Post’s application to acquire certain courier business assets of PBT
The Commerce Commission has published a Statement of Issues relating to an application from NZ Post seeking clearance for it to acquire PBT Group Limited’s existing contracts with businesses who have signed contracts to use PBT’s courier services.Read more