The Commerce (Cartels and Other Matters) Amendment Act 2017 redefines the prohibition against cartels to refer to the 3 ways in which businesses may lessen competition between each other — that is, by fixing prices, restricting output or allocating markets.
Consultation on the review of section 36 of the Commerce Act relating to the misuse of market power, along with other minor changes began on 25 January 2019 and closed on 1 April 2019.
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Review of section 36 of the Commerce Act and other matters
The Government has taken legislation through Parliament to change New Zealand’s law relating to the misuse of market power (section 36 of the Commerce Act), along with other minor changes to the treatment of intellectual property rights and covenants in the Commerce Act.
This page lists the application fees payable to the Commerce Commission for clearances and authorisations, collaborative activities, mergers and restrictive trade practices.
The Commerce (Cartels and Other Matters) Amendment Act amends the Commerce Act 1986 to better provide for pro-competitive collaboration between businesses, while also deterring anti-competitive cartel conduct.
This page lists current lay members appointed to the High Court for Commerce Act matters.
The exposure draft of the Commerce (Cartels and Other Matters) Amendment Bill was released in 2011, and submissions were received later that same year.
The Commerce (Criminalisation of Cartels) Amendment Act 2019 amends the Commerce Act 1986 to introduce a criminal offence for cartel conduct.
The competition regime for international shipping agreements is to be transitioned to the Commerce Act. The new provisions take effect on 17 August 2019.
We carried out a targeted review of the Commerce Act, which looked at the misuse of market power, market studies and alternative enforcement mechanisms.