Media releases
Media releases from the Commerce Commission.
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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
21 Sep 2023
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Sealord seeks clearance to acquire Independent Fisheries
The Commerce Commission has received a clearance application from Sealord Group Limited (Sealord) seeking clearance to acquire the fishing business of Independent Fisheries. Under the proposed acquisition, Sealord would acquire 100% of the shares in Independent Fisheries Limited (including its annual catch entitlement), and other assets including quota, annual catch entitlement, premises, plant and equipment from IFL’s parent company Independent Fisheries Holdings Limited and its related entities.Read more
21 Sep 2023
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ComCom calls for telcos to unpack bundles of ‘confusion’
The Commerce Commission has today released draft guidelines that would require telcos to unpack bundled offers so that Kiwi consumers can easily compare prices and make informed choices about the true value they offer.Read more
12 Sep 2023
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Commission grants clearance for Moana’s proposed acquisition of Sanford’s North Island inshore fishing business
The Commerce Commission has granted clearance for Aotearoa Fisheries Limited (trading as Moana New Zealand) to acquire Sanford Limited’s North Island inshore fishing business.Read more
7 Sep 2023
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New ComCom rankings reveal telcos with best customer service
The Commerce Commission’s new mobile and broadband customer service rankings – published for the first time today – reveal how New Zealand’s major telecommunications providers rank across a range of key customer service indicators.Read more
6 Sep 2023
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ComCom issues “please explain” to fuel companies on pricing anomalies
The Commerce Commission is seeking an explanation from New Zealand's major fuel companies about anomalies that have been identified in retail fuel pricing over the first year of monitoring under the new Fuel Industry Act regulatory regime.Read more