No ComCom investigation into gentailer market power

No  ComCom investigation into gentailer market power
Electric Kiwi says it is disappointed its complaints about gentailers won't be taken up by the Commerce Commission. (Image:NZME)
Rebecca Stevenson
The Commerce Commission won’t investigate whether electricity generator/retailers have been misusing their market power, deciding its resources would be better used working with other regulators. Independent power retailers including Electric Kiwi asked the competition watchdog in September to look into alleged abuse of market power by the so-called gentailers Mercury, Contact, Genesis and Meridian. Electric Kiwi said the power wielded by the gentailers was distorting the electricity market and “screwing over consumers&rdq...

More Markets

NZ sharemarket rises with gentailers leading
Markets Market close

NZ sharemarket rises with gentailers leading

Electricity gentailers pumped energy into the NZX.

Tom Raynel 09 May 2025
Steven Joyce to chair NZME
Markets

Steven Joyce to chair NZME

Tech expert Bowen Pan will also join, later on. 

Staff reporters 09 May 2025
NZME set to take on Trade Me for car sales
Markets

NZME set to take on Trade Me for car sales

Publicly listed NZME, owner of the NZ Herald and BusinessDesk, says it is exploring a new automotive digital classifieds platform, in a clear bid to take on Trade Me.Seeking to emulate the success of its property platform OneRoof, NZME said on Friday it had signed a memorandum of...

Staff reporters 09 May 2025
Bremworth getting back into synthetics
Primary Sector

Bremworth getting back into synthetics

Albeit in a small, but carefully curated, number of products.

Riley Kennedy 09 May 2025