Com com new zealand

ComCom (Commerce Commission) is a government agency in New Zealand that regulates and monitors the country's commerce and industry. Here are some key facts about ComCom:

Purpose: ComCom's main goal is to promote competition and fair trading practices in New Zealand's markets. It does this by enforcing laws and regulations, investigating complaints, and providing guidance to businesses and consumers.

Key responsibilities:

  1. Competition enforcement: ComCom investigates and takes action against anti-competitive behavior, such as price-fixing, bid-rigging, and exclusive dealing.
  2. Merger control: ComCom reviews and approves or rejects proposed mergers and acquisitions to ensure they do not substantially lessen competition.
  3. Consumer protection: ComCom investigates and takes action against unfair business practices, such as misleading advertising and deceptive conduct.
  4. Market studies: ComCom conducts studies to identify areas of concern in the market and recommends changes to promote competition and fair trading practices.
  5. Guidance and education: ComCom provides guidance and education to businesses and consumers on competition and consumer protection laws.

Some notable cases:

  1. Air New Zealand and Qantas: ComCom investigated a proposed alliance between Air New Zealand and Qantas, which was ultimately approved with conditions to ensure it did not substantially lessen competition.
  2. Fonterra: ComCom investigated Fonterra's proposed acquisition of a stake in a rival dairy company, which was ultimately approved with conditions to ensure it did not substantially lessen competition.
  3. Spark and Vodafone: ComCom investigated a proposed merger between Spark and Vodafone, which was ultimately rejected due to concerns it would substantially lessen competition in the telecommunications market.

Contact information: