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

 

Commission starts court action against Telecom

Commission starts court action against Telecom over 0867


The Commerce Commission has commenced court action against Telecom Corporation of New Zealand Limited alleging that Telecom contravened section 36 of the Commerce Act in introducing its 0867 package.

Section 36 prohibits persons who hold a dominant position in a market from using that position for various purposes, including preventing or detering competitive conduct by others.

Commission Chair John Belgrave said that the Commission is alleging that in introducing 0867 Telecom sought to prevent or deter competitive conduct by other telecommunications network operators and Internet service providers (ISPs).

The Commission’s action has been filed in the Wellington High Court yesterday and documents have now been served on Telecom. If the Court finds that Telecom breached the Act, then it could order Telecom to pay a penalty of up to $5 million and could also impose a wide range of orders and injunctions.

Statement of Claim

The Statement of Claim filed by the Commission is a court document. Before a judicial conference is held, the Commission cannot release a copy of the Statement of Claim.

Media contact:
Chair John Belgrave
Phone work (04) 498 0963, cellphone 021 650 045

Communications Officer Vincent Cholewa
Phone work (04) 498 0920

Commission media releases can be viewed on its web site www.comcom.govt.nz

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Primary Sector Council Report: Vision To Unite The Primary Sector Launched

Agriculture Minister Damien O’Connor has welcomed the release of a bold new vision for the country’s vital food and fibre sector. More>>

ALSO:

Crown Accounts: Treasury HYEFU Sees Deficit Then Rising Surpluses

An operating balance before gains and losses deficit of $0.9 billion is forecast in the current year, before returning to a small surplus in 2020/21 which then grows to reach $5.9 billion (1.5% of GDP) in 2023/24. More>>

ALSO:

Fuels Rushing In: Govt "Ready To Act" On Petrol Market Report

The Government will now take the Commerce Commission’s recommendations to Cabinet...
• A more transparent wholesale pricing regime • Greater contractual freedoms and fairer terms • Introducing an enforceable industry code of conduct • Improve transparency of premium grade fuel pricing... More>>

ALSO:

Reserve Bank Capital Review Decision: Increased Bank Capital Requirements

Governor Adrian Orr said the decisions to increase capital requirements are about making the banking system safer for all New Zealanders, and will ensure bank owners have a meaningful stake in their businesses. More>>

ALSO: