Media releases
Media releases from the Commerce Commission.
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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
14 Dec 2020
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Papakura vehicle dealer fined $67,500 over 'as is, where is' claims and CINs
Auckland motor vehicle trader BNZ JP Euro Auto Parts Limited has been fined $67,500 for misrepresenting consumers’ rights under the Consumer Guarantees Act 1993 (CGA) and for failing to provide Consumer Information Notices (CINs).Read more
11 Dec 2020
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Performance of Fibre Max improves thanks to broadband testing programme
The Commerce Commission’s Measuring Broadband New Zealand programme has helped to identify and fix network problems that were preventing premium Fibre Max broadband products from performing at advertised speeds.Read more
10 Dec 2020
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Commission releases preliminary issues and proposed scope for grocery study
The Commerce Commission has today released a paper outlining the preliminary issues it may explore and the proposed scope for its market study into the grocery sector.Read more
10 Dec 2020
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Commission seeks feedback on funding to improve work in regulated sectors
The Commerce Commission is seeking feedback on the level of funding needed over the next five years to help deliver its regulation of the telecommunications, electricity and gas sectors.Read more