'Mature regulator': fair trading prosecutions decline

'Mature regulator': fair trading prosecutions decline
Adam Ross reckons covid-19 has changed the level of Fair Trading Act investigations.
Victoria Young
The number of Commerce Commission prosecutions for Fair Trading Act claims has declined in the past five years, although experts are mixed as to why.Data released under the Official Information Act said prosecutions by the fair trading regulator had fallen from 39 in calendar year 2017 to just four in 2020. To Oct 11, 2021, when the data was compiled, there was just one prosecution.In contrast, the number of investigations it has undertaken were more variable, with 407 investigations increasing to 550 in 2020, and 158 probes in the first 11 mon...

More Law & Regulation

AG1 founder Chris Ashenden resigns amid scrutiny of NZ criminal history
Law & Regulation

AG1 founder Chris Ashenden resigns amid scrutiny of NZ criminal history

Investigation reveals victims of Chris Ashenden’s property deals never received full court-ordered reparations.The New Zealand founder of a world-leading supplement company has resigned amid a podcast investigation that raised questions over his criminal history and unpaid fines...

Cuncannon: building a plaintiff side law firm
Markets

Cuncannon: building a plaintiff side law firm

The class action industry in New Zealand is somewhat underdeveloped.

Cat food brand fight: 'Meow, meow, meow, meow'
Retail

Cat food brand fight: 'Meow, meow, meow, meow'

US cat food brand with famous jingle accuses NZ rival of trademark breaches.

'Muzzled': Zuru appeals 'Lego' ruling
Retail

'Muzzled': Zuru appeals 'Lego' ruling

Zuru and Lego's battle over bricks continues in the Court of Appeal.

Gregor Thompson 30 Oct 2024