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Review of section 36 of the Commerce Act and other matters

The Government has taken legislation through Parliament to change New Zealand’s law relating to the misuse of market power (section 36 of the Commerce Act), along with other minor changes to the treatment of intellectual property rights and covenants in the Commerce Act.

Exposure draft and transitional arrangements consultation

On 17 February 2017 the Minister of Commerce and Consumer Affairs released an exposure draft of the Financial Services Amendment Bill for a 6-week public consultation period. We are also seeking feedback on a proposal for existing industry participants to transition to the new regime.

The Commerce (Cartels and Other Matters) Amendment Act

The Commerce (Cartels and Other Matters) Amendment Act amends the Commerce Act 1986 to better provide for pro-competitive collaboration between businesses, while also deterring anti-competitive cartel conduct.

Foreign margin requirements for OTC derivatives

On 30 August 2019 the Financial Markets (Derivatives Margin and Benchmarking) Reform Amendment Act 2019 received Royal assent. The Act amends aspects of New Zealand law which impede compliance with foreign margin requirements for over-the-counter derivatives.

Consumer Protection

We develop policy and law to support a trading environment that promotes the long-term interests of consumers. This page provides information about recent research and reviews of consumer law.