Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


PMNZ seeks injunction

PMNZ seeks injunction to prevent BATNZ cutting off consumer access to better alternatives to smoking

AUCKLAND, New Zealand – [21/3/18] – Philip Morris (New Zealand) Limited (PMNZ) today announced it is commencing legal proceedings against British American Tobacco (New Zealand) Limited (BATNZ) to stop it from engaging in anti-competitive conduct.

PMNZ alleges that BATNZ is unlawfully incentivising and compelling retailers to restrict the availability of competitor products.

PMNZ General Manager Jason Erickson said: “BAT’s conduct restricts consumer choice, and we think it constitutes a clear breach of the law.”

“BAT’s conduct is particularly concerning in light of the Government’s 2017 announcements that it plans to introduce legislation to ensure adult smokers have access to less harmful alternatives to smoking. Urgent action is needed to prevent BAT from relying on existing practices to punish consumers by cutting off their access to these products.” Mr Erickson said.

PMNZ said it’ll ask the Court to prohibit BATNZ from engaging in this conduct, which it believes breaches the Commerce Act 1986.


© Scoop Media

Business Headlines | Sci-Tech Headlines


Real Estate: Foreign Buyers Ban Passes Third Reading

The Bill to put in place the Government’s policy of banning overseas buyers of existing homes has passed its third and final reading in the House. More>>


Nine Merger: Fairfax Slashes Value Of NZ Business

Fairfax Media Group more than halved the value of its Kiwi assets, attaching just A$40 million to mastheads that were once the core of a billion dollar investment. More>>

Collecting Scalpers: Commerce Commission To Sue Viagogo

The Commission will claim that Viagogo made false or misleading representations: • that it was an “official” seller, when it was not • that tickets were limited or about to sell out • that consumers were “guaranteed” to receive valid tickets for their event • about the price of tickets... More>>


Price Of Cheese: Fonterra CEO Goes Early After Milk Price Trimmed

Aug. 15 (BusinessDesk) - Fonterra Cooperative Group chief executive Theo Spierings is leaving the role early after the world's biggest dairy exporter lowered its farmgate payout and trimmed its dividend to retain cash. More>>