Media releases
Media releases from the Commerce Commission.
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of 3,397 results
29 May 2020
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Commission releases guidelines on approach to authorisations after law change
The Commerce Commission has released guidelines on its approach to authorisation of some agreements as a result of temporary changes made to the Commerce Act under the COVID-19 Response (Further Management Measures) Legislation Act (COVID-19 Response Act).Read more
28 May 2020
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Commission issues warning to Hong Kong based electronics retailer
Online electronics retailer BXT International Limited and its related companies (together known as Becextech) have been warned by the Commerce Commission for conduct that the Commission considers has likely breached the Fair Trading Act.Read more
27 May 2020
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Dechra granted clearance to acquire Osurnia from Elanco
The Commerce Commission has granted clearance to Dechra Pharmaceuticals PLC, Dechra Limited and Dechra Veterinary Products LLC to acquire the assets, rights and liabilities relating to Osurnia from Elanco Tiergesundheit AG.Read more
27 May 2020
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Whangarei finance company in $945K settlement with Commission
Current and former borrowers of Whangarei-based finance company Profile Finance Limited will receive $945,334 in credits and refunds after Profile Finance signed a settlement agreement with the Commerce Commission.Read more
26 May 2020
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Investigation opened into Objectives’ acquisition of Master Business Systems
The Commerce Commission has opened an investigation into Objective Corporation Limited’s acquisition of Master Business Systems Limited (MBS).Read more
21 May 2020
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Independent tests show NZ’s broadband performed well during COVID-19 lockdown
The Commerce Commission’s latest Measuring Broadband New Zealand report shows that on average, copper and fibre broadband connections experienced no significant decrease in download speeds during lockdown, despite unprecedented demand on broadband networks.Read more
20 May 2020
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Feedback wanted on protections for consumers that Chorus wants to move off copper and broadband services
The Commerce Commission is seeking feedback on its draft ‘copper withdrawal code’. The code is intended to protect consumers that Chorus wants to move off its old copper network onto faster and more reliable technologies such as fibre networks.Read more
19 May 2020
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Commission preparing to assess Aurora Energy’s proposed $400 million investment plan and associated price increases
The Commerce Commission has published an introductory paper outlining its role ahead of electricity lines company Aurora Energy (Aurora) submitting its investment plan.Read more
11 May 2020
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Commission reminds retailers of their obligations when selling online
On the back of increases in online shopping in New Zealand in recent weeks, the Commerce Commission is reminding retailers of their obligations when they sell products online.Read more
7 May 2020
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Statement of Issues released for Elanco’s application to acquire Bayer’s animal health business
The Commerce Commission has published a statement of issues relating to an application from Elanco seeking clearance to acquire Bayer AG’s animal health business in New Zealand.Read more