The Commerce (Criminalisation of Cartels) Amendment Act 2019 amends the Commerce Act 1986 to introduce a criminal offence for cartel conduct.
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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.
Hon Kris Faafoi – Minister of Commerce and Consumer Affairs 23 May 2019
The Government may periodically provide the Commerce Commission with statements of economic policy to which it must give regard.
The regulation of the price and quality of goods or services in markets with monopoly characteristics is covered by Part 4 of the Commerce Act, and is implemented by the Commerce Commission.
This page has information about the 2013 Merits review of Part 4 of the Commerce Act, and work that has been done in the area of airport regulation.