Subscribe today - find out more
Why you should consider BusinessDesk
Retail

Bunnings low-price case cost ComCom $1.57 million

Rebecca Howard
Thu, 08 Jul 2021

The regulator alleges 45 breaches of the Fair Trading Act. (Image: Investore)
Rebecca Howard
Thu, 08 Jul 2021
The NZ Commerce Commission spent $1.57 million and 2,208 internal hours on the Bunnings NZ court case.The Commerce Commission filed charges against Bunnings in 2017, alleging it mislead consumers with its “lowest prices guaranteed” slogan. In total, the regulator alleges 45 breaches of the Fair Trading Act in the long-running case over misleading marketing.It had started investigating in late 2014 following a complaint from Bunnings’ rival, Mitre 10. The regulator laid charges in 2017, but the case only went to trial...

Use the information you’ve already given Google to create your subscription.

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Boats
Dalton blinks: Auckland back in the America’s Cup hunt
Pattrick Smellie | Fri, 17 Sep 2021

Plans to announce an offshore host city for the 37th America's Cup are on hold as two of the three rumoured bidders baulk.

Coronavirus
Bar owner borrowed $30k to cover wage subsidy delays
Michael Andrew | Fri, 17 Sep 2021

Shaneel Sudhakar faced a 22-day delay in payment of the wage subsidy.

Opinion
Bridgecorp’s death knell a timely warning
Paul McBeth | Fri, 17 Sep 2021

A new generation of investors would do well to wander through the corporate graveyard of yesteryear.

Sponsored
Demand driven change an easier route to carbon reduction

Taking a demand-driven approach to carbon reduction will naturally bring us into line with government targets.

Sponsored
Kiwi security technology leading the world

Businesses must take advantage of our home-grown, world-leading, internationally-valued cyber defence systems to manage risk.