
Contact, TrustPower warned over bid-rigging attempt
Contact Energy and TrustPower have been given formal warnings over a 2002 bid-rigging attempt during negotiations over buying a power station.
Contact Energy and TrustPower have been given formal warnings over a 2002 bid-rigging attempt during negotiations over buying a power station.
Determined newcomer 2Degrees forces the big two telcos to seriously court Kiwi consumers.
Transpower is contemplating a domestic bond issue of around $200m early next year as it gears up for $5 billion of capital expenditure on national grid upgrades over the next decade.
A finance company that received investment advice from a Commerce Commission member is facing legal action over the investments it recommended.
Telecom is crying foul over the government's proposed changes to the levy put in place to protect rural customers when the carrier was privatised in the 1990s, saying it will lead to less investment in outlying areas.
Electricity company TrustPower has been fined $17,000 for failing to give customers adequate information about low user tariff options.
The High Court has found today that Telecom leveraged its position to charge competitors disproportionately high prices for access to its network.
The Commerce Commission is probing loyalty offers made by the company's wholesale business unit.