Media releases
Media releases from the Commerce Commission.
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of 3,953 results
26 Oct 2023
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Commission seeks feedback on draft Telecommunications Development Levy allocation
The Commerce Commission has today released its draft decision on the allocation of payments for the Government’s $11.25 million Telecommunications Development Levy (TDL) for 2022/2023.Read more
26 Oct 2023
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Statement of Preliminary Issues released for AlphaTheta’s proposed acquisition of Serato
The Commerce Commission has published a Statement of Preliminary Issues relating to an application from AlphaTheta Corporation seeking clearance to acquire Serato Audio Research Limited.Read more
26 Oct 2023
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Mobile providers fail to improve their billing apps for the second year in a row
Consumer NZ has reviewed the usefulness of mobile billing information for the second year in a row and is disappointed by the lack of progress made by New Zealand’s three Pay Monthly mobile providers. The Commerce Commission engaged Consumer to undertake this independent review.Read more
20 Oct 2023
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Statement of Preliminary Issues released for Sealord’s proposed acquisition of Independent Fisheries
The Commerce Commission has published a statement of preliminary issues relating to an application from Sealord Group Limited seeking clearance to acquire the fishing business of Independent Fisheries.Read more
19 Oct 2023
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Statement of Issues released for proposed Queenstown jet boats merger
The Commerce Commission has published a statement of issues relating to an application from Ngāi Tahu Tourism Limited seeking clearance for itself (or a wholly-owned subsidiary) to acquire the tourism jet boating business trading as “KJet” and related assets (including 100% of the shares in Time Tripper Limited) from Kawarau Jet Services Holdings Limited, KJet Limited and Time Tripper Limited.Read more
12 Oct 2023
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AlphaTheta seeks clearance to acquire Serato
The Commerce Commission has received a clearance application from AlphaTheta Corporation (AlphaTheta), seeking clearance to acquire Serato Audio Research Limited (Serato).Read more
11 Oct 2023
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Commission proposes to authorise the restrictions on the advertising and marketing of infant formula
The Commerce Commission has reached a preliminary view that it should grant authorisation to the current and future members of the Infant Nutrition Council Limited (INC) to restrict their advertising and marketing of formula products for infants aged up to 12 months old.Read more
9 Oct 2023
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Commission grants clearance for Real NZ to acquire Spirit of Queenstown
The Commerce Commission has granted clearance to Real Journeys Limited (trading as Real NZ) for itself (or any interconnected body-corporate) to acquire the vessel, the Spirit of Queenstown, and associated assets from Southern Discoveries Limited.Read more
27 Sep 2023
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Customers refunded nearly $480k in settlement with ComCom
A Commerce Commission investigation and subsequent High Court proceedings has resulted in more than 2,600 customers being refunded a total of nearly $480,000 after three companies, part of the Vocus Group, breached the Fair Trading Act.Read more
26 Sep 2023
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Cyclone impacts on Grid highlights importance of resilience planning
The Commerce Commission says the impacts on households and business customers from electricity outages following Cyclone Gabrielle highlight the need for a ‘new normal’ in asset management planning and investment strategies.Read more