Media releases
Media releases from the Commerce Commission.
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22 Jan 2021
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Statement of Preliminary Issues released for Can Plan / Nelmac clearance application
The Commerce Commission has published a statement of preliminary issues relating to an application from Can Plan Nelson Limited (Can Plan) to acquire certain assets of Nelmac Limited’s (Nelmac/s) waste collection business, which trades as Betta Bins. These assets include two Side Loader trucks, one Rear Loader truck, and pre-paid wheelie bins, large bins and “pay-as-you go” rubbish bags currently in circulation. The proposed transaction does not involve the Betta Bins recycling business.Read more
19 Jan 2021
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Stop Now letter issued to promoter of Lion's Share scheme
The Commerce Commission has issued a Stop Now letter to Shelly Cullen, promoter of Lion’s Share, which the Commission believes is likely a pyramid selling scheme.Read more
23 Dec 2020
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Commission closes investigation into Beijer acquisitions
The Commerce Commission has closed its investigation into Beijer Ref AB’s 2018 acquisition of Heatcraft New Zealand Limited, and its 2019 acquisition (via its subsidiary Kirby NZ Limited) of a right to import hydrofluorobcarbons (HFCs) into New Zealand (the acquisitions). Beijer completed both transactions without seeking clearance or authorisation from the Commission.Read more
23 Dec 2020
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Commission publishes revised Authorisation Guidelines and application forms
The Commerce Commission has released its updated Authorisation Guidelines that explain its approach to assessing applications to authorise agreements or mergers in the public interest.Read more
21 Dec 2020
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Statement of Issues released for Aon/Willis Towers Watson clearance application
The Commerce Commission has published a Statement of Issues relating to an application from Aon plc seeking clearance to acquire Willis Towers Watson Public Limited Company as part of a global transaction.Read more
18 Dec 2020
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Commission seeks feedback on draft cartel leniency and immunity policy
The Commerce Commission is consulting on its revised cartel leniency and immunity policy and revised template leniency agreement.Read more
17 Dec 2020
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Commission grants clearance for Pact to acquire Flight
The Commerce Commission has granted clearance to Pact Group Holdings Limited (Pact) to acquire the assets and business of Flight Plastics Limited in New Zealand and the packaging-related assets of Flight Extruded Plastics LP in Adelaide (together, Flight). Flight’s assets include a wash plant, which Flight uses to make packaging from plastic waste that has been put out for recycling by consumers and collected by waste management firms.Read more
17 Dec 2020
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New report highlights electricity lines companies’ financial performance and service quality
The Commerce Commission has today published a report and dashboard on the trends in performance of local lines companies to help New Zealanders better understand how and why the prices and service quality of their local electricity lines companies have changed over time.Read more
16 Dec 2020
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Noel Leeming Group warned for making delivery representations without reasonable grounds during COVID-19 lockdown
Noel Leeming Group has been warned by the Commerce Commission for making delivery representations about two products which, in the Commission’s view, it did not have reasonable grounds for at the time the representations were made.Read more
15 Dec 2020
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Commission publishes final report on Fonterra’s 2020/21 Milk Price Manual
The Commerce Commission today published its final report on its annual review of Fonterra’s Farmgate Milk Price Manual for the 2020/21 dairy season (Manual), which contains Fonterra’s methodology for calculating its base milk price.Read more