New Zealand competition regulator The Commerce Commission has reached a preliminary view that it should grant authorisation to the current and future members of the Infant Nutrition Council Limited (INC) to restrict their advertising and marketing of formula products for infants aged up to 12 months old.
An investigation by New Zealand competition regulator, The Commerce Commission, has led to a backdown by New Zealand’s largest electricity distribution business, Vector, on moves that would have cost its customers millions of dollars over the coming decades.
New Zealand’s competition enforcement agency The Commerce Commission has accepted enforceable undertakings from electricity lines company Eastland Network Limited for overcharging its customers $327,000 in the 2020 assessment period.
New Zealand’s competition enforcement agency The Commerce Commission is seeking public views on how it should prioritise its regulatory work program in a move aimed at helping the energy and airport sectors address upcoming issues including the country’s transition to a low-carbon economy and managing any continuing impact of COVID-19.
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 electricity company Aurora Energy has been hit with a High Court order to pay almost $5 million for contravening its network quality standards through an excessive level of power outages in the 2016 to 2019 years.
New Zealand’s competition regulator The Commerce Commission says newly published key performance measures for the country’s electricity companies allow for stronger year-on-year comparisons across the sector as a whole and for individual lines companies.
Investment in emerging technologies by New Zealand electricity companies is still relatively small, with most companies to date just focusing on research and development, according to the country’s competition enforcement agency, the Commerce Commission.