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Commerce Commission

Electricity Cos Allowed To Lift Prices By Inflation Rate

Electricity Cos Allowed To Lift Prices By Inflation Rate
Wellington, Nov 30 NZPA - The Commerce Commission has confirmed that electricity distribution businesses will be allowed to increase prices by the rate of inflation. At the same time the quality of supply to consumers would at least be maintained.

Todd Loses Key Bid For Discovery In Run-Up To Claim On Pohokura

Todd Loses Key Bid For Discovery In Run-Up To Claim On Pohokura
Wellington, Nov 26 NZPA - The Todd family's operation in the multi-billion dollar Pohokura gasfield has suffered a further setback in its chain of litigation against partners in the field, Shell Exploration NZ Ltd, and Austrian explorer OMV NZ Ltd.

Strong Start By NZ Sharemarket Fades

Strong Start By NZ Sharemarket Fades
Wellington, Nov 24 NZPA - The New Zealand sharemarket started strongly but faded in the afternoon session as the Australian market weakened and as an initial pubic offer (IPO) by Synlait was pulled.

Regulators Warns Contact Energy, Trustpower

Regulators Warns Contact Energy, Trustpower
Wellington, Nov 24 NZPA - The Commerce Commission has issued a formal warning to Contact Energy and TrustPower following an investigation into possible bid-rigging behaviour.

Regulator Issues Formal Warning To Trustpower, Contact Energy

Regulator Issues Formal Warning To Trustpower, Contact Energy
Wellington, Nov 24 NZPA - The Commerce Commission has issued a formal warning to Contact Energy and TrustPower following an investigation into possible bid-rigging behaviour.

Michael Cashin To Head Shared Services Establishment Board

Michael Cashin To Head Shared Services Establishment Board
Wellington, Nov 20 NZPA - A collection of high-powered people have been appointed to a board aimed at saving District Health Boards (DHBs) millions by consolidating backroom functions.

Regulator Report Finds Impact Of 2degrees On Mobile Market

Regulator Report Finds Impact Of 2degrees On Mobile Market
Wellington, Nov 12 NZPA - New Zealanders are able to get a prepaid mobile phone plan at prices lower than the OECD average for the first time since the Commerce Commission started analysing the industry.

AXA Brand To Disappear In NZ If Australian Deal Goes Ahead

AXA Brand To Disappear In NZ If Australian Deal Goes Ahead
Wellington, Nov 9 NZPA - A deal unveiled in Australia today will result in a merger of two big players in the life insurance and funds management industries in New Zealand and the loss of the AXA brand here.

Telecom Disappointed With Commerce Commission's Decision

Telecom Disappointed With Commerce Commission's Decision
Wellington, Nov 6 NZPA - Telecom says it is disappointed with the Commerce Commission's decision to issue proceedings relating to loyalty offers made by its wholesale business unit.

Commission To Sue Telecom Over Loyalty Offers

Commission To Sue Telecom Over Loyalty Offers
Wellington, Nov 6 NZPA - The Commerce Commission says it is issuing proceedings relating to three separate loyalty offers made by Telecom's Wholesale business unit.

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