Media releases

Media releases from the Commerce Commission.

Showing 21 to 30 of 3,397 results

27 Mar 2020

Statement of Issues released for Mylan N.V./Upjohn Inc. clearance application

The Commerce Commission has published a Statement of Issues relating to an application from Mylan N.V. (Mylan) and Upjohn Inc. (Upjohn) seeking clearance to merge their global pharmaceutical businesses.
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24 Mar 2020

Aurora Energy penalised almost $5 million for excessive level of power outages

Dunedin-based lines company Aurora Energy (Aurora) has been ordered by the High Court at Wellington to pay a penalty of almost $5 million for contravening its network quality standards through an excessive level of power outages in the 2016-19 years.
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22 Mar 2020

COVID-19 - Commerce Commission approach to essential goods and services business cooperation

The Commerce Commission welcomes the Government’s Policy Statement today in relation to maintaining confidence in the market for essential goods and services such as grocery products.
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12 Mar 2020

Annual Telecommunications Monitoring Report shows fibre broadband overtakes copper

The Commerce Commission has released its Annual Telecommunications Monitoring Report highlighting trends in the industry, including that fibre has overtaken copper as the main way Kiwi households access the internet from home.
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11 Mar 2020

Feedback wanted on draft protections for consumers who rely on home phones to contact 111

The Commerce Commission is seeking feedback on a code to protect consumers who are at particular risk of needing to contact emergency services and only have access to a home phone to do so.
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10 Mar 2020

HSBC warned over disclosure failures

The Commerce Commission has issued a warning to The Hongkong and Shanghai Banking Corporation Limited (HSBC) over its failure to comply with the information disclosure requirements of the Credit Contracts and Consumer Finance Act 2003 (CCCFA).
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5 Mar 2020

Commission grants clearance for Juice Technologies to acquire APT

The Commerce Commission has granted clearance for Juice Technologies Pty Limited (operating in New Zealand as Infocare Systems Limited) to acquire APT Business Solutions Limited (trading as APT Childcare).
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5 Mar 2020

Viagogo confirms website changes and accepts jurisdiction of NZ courts

The Commerce Commission will no longer seek an interim injunction against online event ticket seller Viagogo, after Viagogo made changes to its website and gave undertakings to the Court that it would not undo those changes. Viagogo has also now submitted to the jurisdiction of the New Zealand Courts.
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5 Mar 2020

Proposal to amend Powerco and Wellington Electricity’s customised price-quality paths

The Commerce Commission is proposing to amend the 2018 customised price-quality paths (CPPs) for electricity lines companies Powerco and Wellington Electricity so their cost of capital is aligned with the rest of the country’s regulated electricity lines companies.
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4 Mar 2020

Commission welcomes High Court judgment in Dairy judicial review

The Commerce Commission has welcomed a High Court judgment, published today, which dismisses a judicial review challenge by Open Country Dairy Limited (OCD) to the Commission’s report into Fonterra’s base milk price calculation for 2017/18.
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