
Criminalise cartels, says new Govt report
A report out today proposes criminalising cartels, with jail sentences as long as seven years.
A report out today proposes criminalising cartels, with jail sentences as long as seven years.
Even some big businesses employ door-to-door salesmen, but they can carry a stigma.
Telecom admits misleading more than 130,000 of its broadband customers, the eighth time its been in trouble over the Fair Trading Act since 2003.
Buying a bunch of flowers, parking a car and paying bills or fines by credit card could all result in customers having to pay new surcharges.
Flight Centre's "Fly for free" promotion breached the Fair Trading Act by offering deals that didn't exist and tickets that weren't available.
Energy Minister Gerry Brownlee says a big energy company shake-up is designed to give more power to consumers.
The Government has unveiled a shake up of the state owned power companies in an attempt to get more competition into the electricity sector.
The Commerce Commission has made an example of Telecom.
Anyone waiting for cellular network newcomer 2degrees to add on-account services to the prepaid plans it launched at the start of August shouldn't hold their breath.
A group supporting investors in ING's frozen funds has called for more transparency around the settlement of claims against ANZ.