The Minister of Commerce and Consumer Affairs is the minister responsible for the Commerce Commission, and appointed us as its monitoring agent.
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The Government will establish a consumer data right in New Zealand to give individuals and businesses greater choice and control over their data. This is done through the Customer and Product Data Bill, which is now before Parliament. Government is exploring designating the banking and electricity sectors under the Bill.
The Government has made key decisions on the design of a new regime for economic regulation and consumer protection under Local Water Done Well.
The Government response follows the Commerce Commission’s market study into the retail grocery sector.
The Ministry of Business, Innovation and Employment (MBIE) has today announced that Bryan Chapple and Nathan Strong will be appointed as Associate Commissioners at the Commerce Commission.
Discussion document Unlocking value from our customer data
Tell us your views on the proposals for open banking designation regulations
We are working to ensure that the retail payment system operates in the interests of New Zealand consumers and businesses.
We recently sought feedback on the exposure draft of the Customer and Product Data Bill (the draft law) and the accompanying discussion document. The draft law will give customers more control over their data, allowing them to safely and securely access, manage, and share this data with others.
The Commerce Commission has published its draft report into personal banking services.