Media releases
Media releases from the Commerce Commission.
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13 Feb 2020
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Vodafone warned for failing to apply credits and likely misleading customers
Vodafone New Zealand has been warned by the Commerce Commission for misleading consumers about account credits. Vodafone has also been warned for representations made in a loyalty discount promotion that were likely misleading.Read more
12 Feb 2020
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Water filter developer fined $162,000 for failing to back up its claims
Kiwipure Limited has been fined $162,000 for making unsubstantiated claims about the benefits and effectiveness of its magnetic water filtration system. It was the first defended case in New Zealand against a trader accused of making unsubstantiated representations.Read more
11 Feb 2020
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T&G seeks clearance to acquire Freshmax
The Commerce Commission has received a clearance application from Turners & Growers Fresh Limited (T&G) to acquire 100% of the shares in Freshmax NZ Limited (Freshmax).Read more
11 Feb 2020
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Statement of Preliminary Issues released for Verifone application to acquire Smartpay
The Commerce Commission has published a statement of preliminary issues relating to an application from Verifone New Zealand to acquire the assets used by Smartpay Holdings Limited (and its subsidiaries) to operate the Smartpay business in New Zealand.Read more
11 Feb 2020
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Westpac admits disclosure breach and agrees to pay customers $3.7 million
Westpac New Zealand Limited (Westpac) has signed a settlement agreement with the Commerce Commission admitting it breached the Credit Contracts and Consumer Finance Act 2003, and has also agreed to make payments to customers totalling $3.7 million.Read more
4 Feb 2020
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Statement of Issues released for the Cengage/McGraw-Hill merger
The Commerce Commission has published a Statement of Issues relating to an application from Cengage Learning Holdings II, Inc. and McGraw-Hill Education, Inc. seeking clearance to merge their global publishing businesses. In New Zealand both parties supply textbooks and related educational materials.Read more
3 Feb 2020
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Verifone seeks clearance to acquire Smartpay
The Commerce Commission has received a clearance application from Verifone New Zealand to acquire the assets used by Smartpay Holdings Limited and its subsidiaries to operate the Smartpay business in New Zealand.Read more
21 Jan 2020
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Online retailer Container Door fined $54K over unsafe bikes
Online retailer Container Door Limited has been fined $54,000 for supplying unsafe pedal bicycles, following a Commerce Commission investigation.Read more
14 Jan 2020
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Statement of Preliminary Issues released for Mylan N.V./Upjohn Inc. clearance application
The Commerce Commission has published a statement of preliminary issues relating to a clearance application from Mylan N.V. (Mylan) and Upjohn Inc. (Upjohn), which proposes to merge their global pharmaceutical businesses.Read more
8 Jan 2020
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Statement of Preliminary Issues released for Infocare/APT Childcare
The Commerce Commission has published a statement of preliminary issues relating to an application by Juice Technologies Pty Limited seeking clearance to acquire APT Business Solutions Limited, trading as APT Childcare. Juice Technologies operates in New Zealand through its wholly owned subsidiary, Infocare Systems Limited.Read more