New Zealand online lender Moola has agreed a settlement with the country’s competition regulator the Commerce Commission requiring it to credit or refund approximately $2.8 million to current and former borrowers, after acknowledging the Commission’s view that it charged unreasonable credit and default fees.
New Zealand’s competition enforcement agency, The Commerce Commission has warned power lines company Horizon Energy for contravening its network quality standards through an excessive level of power outages in the 2017 and 2018 years.
New Zealand’s competition enforcement agency and regulator The Commerce Commission has launched an online survey aimed at helping telecommunications stakeholders have their say on the next phase of regulation for fibre service providers.
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