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Authorisation application received from Infant Nutrition Council

By   /  May 25, 2018  /  24/7 News, Business, Commerce Commission, Consumer Issues, Press Release, Private Sector  /  Comments Off on Authorisation application received from Infant Nutrition Council

MIL OSI – Source: Commerce Commission – Release/Statement Headline: Authorisation application received from Infant Nutrition Council The Commerce Commission has received an application from the Infant Nutrition Council Limited (INC) seeking authorisation for an arrangement allowing the INC to restrict its members from marketing formula products for children aged up to 12 months.

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Reminder to businesses about ‘Made in New Zealand’ claims

By   /  May 14, 2018  /  24/7 News, Business, Commerce Commission, Consumer Issues, Press Release, Private Sector  /  Comments Off on Reminder to businesses about ‘Made in New Zealand’ claims

MIL OSI – Source: Commerce Commission – Release/Statement Headline: Reminder to businesses about ‘Made in New Zealand’ claims The Commerce Commission is reminding all businesses that any ‘Made in New Zealand’ claims they make about their products must be accurate, able to be substantiated and must not mislead consumers about the country of origin.

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Additional scrutiny ahead of Transpower’s price-quality path application

By   /  May 11, 2018  /  24/7 News, Business, Commerce Commission, Consumer Issues, Press Release, Private Sector  /  Comments Off on Additional scrutiny ahead of Transpower’s price-quality path application

MIL OSI – Source: Commerce Commission – Release/Statement Headline: Additional scrutiny ahead of Transpower’s price-quality path application An independent verifier has been appointed to scrutinise key components of Transpower’s proposal for its price-quality path for the 5 years from 2020 ahead of it being submitted to the Commerce Commission for approval. 

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Open letter to better understand emerging technologies in monopoly parts of electricity sector

By   /  May 9, 2018  /  24/7 News, Business, Commerce Commission, Consumer Issues, Press Release, Private Sector  /  Comments Off on Open letter to better understand emerging technologies in monopoly parts of electricity sector

MIL OSI – Source: Commerce Commission – Release/Statement Headline: Open letter to better understand emerging technologies in monopoly parts of electricity sector The Commerce Commission has written an open letter outlining its intention to gather information from regulated electricity distributors to better understand how they are planning, investing and accounting for emerging technologies.

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Scam alert – Stay safe from cryptocurrency scams

By   /  May 7, 2018  /  24/7 News, Consumer Affairs, Consumer Issues, New Zealand Government  /  Comments Off on Scam alert – Stay safe from cryptocurrency scams

MIL OSI – Source: Consumer Affairs – New Zealand Government – Release/Statement Headline: Scam alert – Stay safe from cryptocurrency scams There are more than 1,300 different cryptocurrencies available on the internet. Many overseas cryptocurrency exchanges are unregulated and operate only online, with no connection to New Zealand. This makes it hard to know who […]

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Latest

Have you been scammed?

By   /  April 24, 2018  /  24/7 News, Consumer Affairs, Consumer Issues, New Zealand Government  /  Comments Off on Have you been scammed?

MIL OSI – Source: Consumer Affairs – New Zealand Government – Release/Statement Headline: Have you been scammed? If you answered ‘yes’ to these questions you can file a claim to see if you can get a portion of your money back. This offer is open to New Zealanders. Make your claim online or in writing […]

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Latest

Commission lays charges against Vodafone for its FibreX broadband advertising

By   /  April 13, 2018  /  24/7 News, Business, Commerce Commission, Consumer Issues, Press Release, Private Sector  /  Comments Off on Commission lays charges against Vodafone for its FibreX broadband advertising

MIL OSI – Source: Commerce Commission – Release/Statement Headline: Commission lays charges against Vodafone for its FibreX broadband advertising The Commerce Commission has laid 27 charges under the Fair Trading Act against Vodafone New Zealand Limited (Vodafone) for engaging in false and misleading conduct in relation to its FibreX broadband service.

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Independent report on how Fonterra estimates risk in setting milk price

By   /  April 11, 2018  /  24/7 News, Business, Commerce Commission, Consumer Issues, Press Release, Private Sector  /  Comments Off on Independent report on how Fonterra estimates risk in setting milk price

MIL OSI – Source: Commerce Commission – Release/Statement Headline: Independent report on how Fonterra estimates risk in setting milk price The Commerce Commission has released an independent report into whether Fonterra’s approach to estimating risk in calculating the cost of financing milk processing operations is consistent with competitive market outcomes.

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Latest

Compulsory recall for Takata Alpha type airbags. What you need to know.

By   /  April 9, 2018  /  24/7 News, Consumer Affairs, Consumer Issues, New Zealand Government  /  Comments Off on Compulsory recall for Takata Alpha type airbags. What you need to know.

MIL OSI – Source: Consumer Affairs – New Zealand Government – Release/Statement Headline: Compulsory recall for Takata Alpha type airbags. What you need to know. A compulsory recall order has been issued for Alpha Type Takata airbags under the Fair Trading Act 1986. Alpha airbag inflators are a subset of inflators in the wider global […]

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Latest

RealMe scam alert

By   /  March 8, 2018  /  24/7 News, Consumer Affairs, Consumer Issues, New Zealand Government  /  Comments Off on RealMe scam alert

MIL OSI – Source: Consumer Affairs – New Zealand Government – Release/Statement Headline: RealMe scam alert The link in the email then takes the user to a fake RealMe website that requests the user to validate their identity and upload personal documents (passport and driver’s licence). If you receive this RealMe phishing email do not […]

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Latest

Latest fine shows toy suppliers must check product safety

By   /  February 26, 2018  /  24/7 News, Business, Commerce Commission, Consumer Issues, Press Release, Private Sector  /  Comments Off on Latest fine shows toy suppliers must check product safety

MIL OSI – Source: Commerce Commission – Release/Statement Headline: Latest fine shows toy suppliers must check product safety The Commerce Commission is reminding toy suppliers that their products must comply with the mandatory standard for toys, following the conviction of a toy importer for selling a baby rattle which did not comply.

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Latest

Red Seal supplements producer warned over “Pharmacy Strength” claims

By   /  February 21, 2018  /  24/7 News, Business, Commerce Commission, Consumer Issues, Press Release, Private Sector  /  Comments Off on Red Seal supplements producer warned over “Pharmacy Strength” claims

MIL OSI – Source: Commerce Commission – Release/Statement Headline: Red Seal supplements producer warned over “Pharmacy Strength” claims The Commerce Commission has issued a warning to Endeavour Consumer Health Limited (Endeavour) over its use of the term “Pharmacy Strength” in marketing its Red Seal Pharmacy Strength range of nutritional supplements.

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Latest

Button batteries – safer products and packaging ahead

By   /  February 19, 2018  /  24/7 News, Consumer Affairs, Consumer Issues, New Zealand Government  /  Comments Off on Button batteries – safer products and packaging ahead

MIL OSI – Source: Consumer Affairs – New Zealand Government – Release/Statement Headline: Button batteries – safer products and packaging ahead In New Zealand, around 20 children a year are admitted to Starship Hospital from swallowing button batteries, sometimes needing serious emergency surgery and extensive continuing care. The Statement provides advice and encourages the industry, […]

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Latest

Beware of financial loss in love

By   /  February 13, 2018  /  24/7 News, Consumer Affairs, Consumer Issues, New Zealand Government  /  Comments Off on Beware of financial loss in love

MIL OSI – Source: Consumer Affairs – New Zealand Government – Release/Statement Headline: Beware of financial loss in love Scammers use tactics like creating realistic online profiles, using fake photos and share information that appears genuine. They will aim to gain trust, and then seek opportunities to ask for financial support. Scams are increasingly sophisticated, […]

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Latest

Auckland dealership Motor Me warned for misleading conduct when selling used cars

By   /  January 25, 2018  /  24/7 News, Business, Commerce Commission, Consumer Issues, Press Release, Private Sector  /  Comments Off on Auckland dealership Motor Me warned for misleading conduct when selling used cars

MIL OSI – Source: Commerce Commission – Release/Statement Headline: Auckland dealership Motor Me warned for misleading conduct when selling used cars Auckland dealership Motor Me warned for misleading conduct when selling used cars 25 January 2018 Motor Me owner and operator Brent Smith has been warned by the Commission that he has likely breached the […]

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Warning to NZ Trustees Association Charitable Trust for sending invoices for unsolicited membership services

By   /  January 17, 2018  /  24/7 News, Business, Commerce Commission, Consumer Issues, Press Release, Private Sector  /  Comments Off on Warning to NZ Trustees Association Charitable Trust for sending invoices for unsolicited membership services

MIL OSI – Source: Commerce Commission – Release/Statement Headline: Warning to NZ Trustees Association Charitable Trust for sending invoices for unsolicited membership services Warning to NZ Trustees Association Charitable Trust for sending invoices for unsolicited membership services 17 January 2018 The Commission has issued a warning to NZ Trustees Association Charitable Trust (the Trustees Association) […]

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Latest

Commission releases competitor collaboration guidelines for new law

By   /  January 9, 2018  /  24/7 News, Business, Commerce Commission, Consumer Issues, Press Release, Private Sector  /  Comments Off on Commission releases competitor collaboration guidelines for new law

MIL OSI – Source: Commerce Commission – Release/Statement Headline: Commission releases competitor collaboration guidelines for new law Commission releases competitor collaboration guidelines for new law 9 January 2018 The Commerce Commission has released a final version of its guidelines for assessing collaborations between competitors as a result of amendments to the law relating to cartels. […]

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Latest

South Island veterinary business warned over likely price fixing with competitor

By   /  January 8, 2018  /  24/7 News, Business, Commerce Commission, Consumer Issues, Press Release, Private Sector  /  Comments Off on South Island veterinary business warned over likely price fixing with competitor

MIL OSI – Source: Commerce Commission – Release/Statement Headline: South Island veterinary business warned over likely price fixing with competitor South Island veterinary business warned over likely price fixing with competitor 8 January 2018 The Commerce Commission has warned VetLife Limited (VetLife) that it is likely to have breached the Commerce Act by price fixing […]

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Latest

New CEO announced for Plant & Food Research: Plant & Food Research

By   /  December 20, 2017  /  24/7 News, Business, Conservation, Consumer Issues, Environment, Plant and Food New Zealand, Press Release, Private Sector  /  Comments Off on New CEO announced for Plant & Food Research: Plant & Food Research

MIL OSI – Source: Plant and Food New Zealand – Release/Statement Headline: New CEO announced for Plant & Food Research: Plant & Food Research 20 December 2017 Plant & Food Research is pleased to announce the appointment of David Hughes as its new Chief Executive Officer. David is currently Group General Manager Commercial at Plant […]

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Latest

Commission welcomes High Court’s dismissal of NZME/Fairfax merger appeal

By   /  December 19, 2017  /  24/7 News, Business, Commerce Commission, Consumer Issues, Press Release, Private Sector  /  Comments Off on Commission welcomes High Court’s dismissal of NZME/Fairfax merger appeal

MIL OSI – Source: Commerce Commission – Release/Statement Headline: Commission welcomes High Court’s dismissal of NZME/Fairfax merger appeal Commission welcomes High Court’s dismissal of NZME/Fairfax merger appeal 19 December 2017 The Commerce Commission has welcomed the High Court’s dismissal of NZME and Fairfax’s appeal against the Commission’s decision to decline their media merger.  In May […]

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