23/11/2025
Stronger Fair Trading Act a win for consumers and rule-abiding businesses
Ensuring New Zealand’s markets are competitive and fair is central to the Commerce Commission’s work.
The Government’s decision to strengthen penalties under the Fair Trading Act is a welcome step that supports our efforts to protect consumers and promote fair competition between businesses.
For the Commission, this is about business accountability. We’ve long called for higher penalties under the Act because fines had become little more than a ‘cost of doing business’ for some. When misleading conduct leads to profits that outweigh the penalties, that’s a problem.....
http://infoblaze.com/news/details/115570