ComCom

Strandbags has been ordered to pay a $780,000 fine after it was found to be misleading consumers with discounting and sales practices.

The airport’s target return of 5.88% was considered reasonable and “consistent with promoting the long-term benefit of consumers”, ComCom stated.

The Commerce Commission has given the green light for Kinetic NZ Holdings to acquire NZ Bus.

Australian PE firms Next Capital and H&G are being lined up in a deal, which will see Jucy Rentals re-enter the motorhome market.

NZ’s competition watchdog says it still has concerns, following on from Australian misgivings released Thursday.

The Australian watchdog’s concerns come on the eve of a decision on the deal from the Commerce Commission.

The Commerce Commission has pushed out its decision on Tourism Holdings’ proposed acquisition of Apollo Tourism & Leisure to 28 April 2022.

The competition regulator says other campervan and motorhome rental operators will be a “weak constraint” on the proposed merged entity.

The Commerce Commission is reviewing the rules and processes that underpin its regulation of specified airport services.

The Commerce Commission has opened public submissions on the proposed acquisition of THL’s Mighway and SHAREaCamper by Camplify.

Tourism Holdings’ subsidiary THL Group (Australia) Pty Ltd has sought clearance from the Commerce Commission to acquire 100% of the shares in Apollo Tourism & Leisure Ltd.

Consultation on Airways’ pricing framework is now underway.

The Commerce Commission is seeking submissions from the airports about consumer expectations around decarbonization and alternate fuel use.

But just because there is a complaint does not mean the companies are at fault, says the watchdog.

Travel-related complaints include those about airlines, booking agents, motor vehicle rentals and accommodation.

The Commerce Commission has released guidelines to help traders understand their obligations when making environmental claims.

The agency has fielded more than 100 complaints relating to cancellations and refunds.

The Commerce Commission will no longer seek an interim injunction against Viagogo, after the online event ticket seller made changes to its website.