News and releases

The Ministry of Business, Innovation and Employment has opened consultation on options to reduce merchant service fees on debit and credit cards.

Supermarkets will be the subject of the second market study, the Government has today confirmed.

The Ministry of Business, Innovation and Employment (MBIE) has released a discussion document on options for establishing a consumer data right that would better meet the needs of consumers and allow them to harness the power of their data.

The Government has agreed on changes to the Commerce Act to ensure New Zealand business can compete on a level playing field, and that competition law remains effective for the long-term benefit of consumers.

The Government has agreed to introduce changes to improve competition in the retail fuel market following the Commerce Commission’s report into the retail fuel market. The changes will be introduced through a Fuel Industry Bill.

Amendments to the Fair Trading Act 1986 were read for the first time in Parliament yesterday.