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10 May 2024 22:20
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  •   Home > News > Business

    Consumer New Zealand says the Commerce Commission should have gone further in its action against Wilson Parking

    Consumer New Zealand says the Commerce Commission should have gone further in its action against Wilson Parking


    The parking giant is selling leases to three of its Wellington carpark buildings, after purchasing them in 2016 and increasing prices without sign-off from the commission.

    It will have to pay the commission half a million dollars for what's been dubbed anti-competitive behaviour.

    Consumer New Zealand boss Jon Duffy says there should have been a comparison between what Wilson Parking was charging, and what it should have been charging.

    He says some sort of compensation figure should have been worked into the calculation, and half a million dollars seems pretty light.

    © 2024 Newstalk ZB, NZCity

     Other Business News
     10 May: Several teenagers have been taken in by Police, after aggravated robberies in three Auckland businesses, including jewellery stores
     10 May: The Warehouse Group's shopping website - The Market dot com - has failed to find a buyer, and will close in June
     10 May: Facebook New Zealand's reporting a rise in profit -- which is a fraction of the amount it paid to its Irish arm, over the same period
     10 May: The Energy Minister says we're in for a tight winter
     10 May: A potential power outage is looming in the chilly air
     09 May: Big electricity users are confident they're doing their part to reduce power
     09 May: The Finance Minister is heralding the Government's success at belt tightening - ahead of the Budget
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    The Northern Mystics are prioritising Grace Nweke's health and wellbeing above the needs of the team More...


    BUSINESS BUSINESS
    Several teenagers have been taken in by Police, after aggravated robberies in three Auckland businesses, including jewellery stores More...



     Today's News

    Auckland:
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    Entertainment:
    Tom Sandoval "tried to take full accountability" for his cheating scandal 21:45

    Business:
    Several teenagers have been taken in by Police, after aggravated robberies in three Auckland businesses, including jewellery stores 21:17

    Entertainment:
    Chris Pine "hated" working as a restaurant host before finding fame 21:15

    Politics:
    Air Vanuatu enters voluntary liquidation, leaving passengers stranded in Australia and Vanuatu 21:07

    Entertainment:
    Dua Lipa consults an astrologist to deal with her problems 20:45

    Entertainment:
    Donna Kelce used to worry about money when her sons were training to become footballers 20:15

    Entertainment:
    Jacob Batalon's mentality "hindered" him with his weight and work 19:45

    Entertainment:
    Rebel Wilson hasn't spoken to Isla Fisher since she made her bombshell claims about Sacha Baron Cohen in her memoir 'Rising Rebel' 19:15

    Rugby:
    The Northern Mystics are prioritising Grace Nweke's health and wellbeing above the needs of the team 18:57


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