Date Time
Commission warns Genesis over business billing errors
The Commerce Commission has issued a warning to Genesis Energy Limited about billing errors concerning electricity line charges to business customers.
Genesis reported the errors to the Commission. The Commission considers that Genesis is likely to have breached the Fair Trading Act when, between February 2014 and July 2020, it issued invoices that displayed inaccurate multipliers applied in respect of some electricity line ‘fixture charges’ (see Background below). As a result, Genesis misrepresented the total price to be paid for the electricity services provided to affected business customers.
Genesis is crediting or refunding the 1,576 customers who overpaid $1,138,943 in total. It will not seek to recover charges from the 1,356 customers who underpaid more than $2,400,000 in total.
iTWire Monday, 10 May 2021 12:54 NZ Commerce Commission warns Genesis Energy over business billing errors Featured
New Zealand’s competition enforcement agency The Commerce Commission has issued a warning to power company Genesis Energy about billing errors concerning electricity line charges to business customers.
Genesis Limited reported the errors to the Commission, which said in a statement on Monday that it considers that Genesis is “likely to have breached” the Fair Trading Act when, between February 2014 and July 2020, it issued invoices that displayed inaccurate multipliers applied in respect of some electricity line ‘fixture charges’.
As a result, Genesis misrepresented the total price to be paid for the electricity services provided to affected business customers, the Commission said in its statement.
Press Release – Commerce Commission The Commerce Commission has filed proceedings at the High Court in Wellington against Hutt and City Taxis Limited (Hutt & City) for alleged price fixing. The Commission alleges Hutt & City contravened the Commerce Act by reaching a price-fixing …
The Commerce Commission has filed proceedings at the High Court in Wellington against Hutt and City Taxis Limited (Hutt & City) for alleged price fixing.
The Commission alleges Hutt & City contravened the Commerce Act by reaching a price-fixing agreement with two competing taxi companies to implement a minimum charge of $25 for pick-up taxi trips from the on-demand taxi rank at Wellington Airport.
Tuesday, 4 May 2021, 1:52 pm
The Commerce Commission has filed proceedings at the
High Court in Wellington against Hutt and City Taxis Limited
(Hutt & City) for alleged price fixing.
The
Commission alleges Hutt & City contravened the Commerce
Act by reaching a price-fixing agreement with two competing
taxi companies to implement a minimum charge of $25 for
pick-up taxi trips from the on-demand taxi rank at
Wellington Airport.
The Commission alleges the
agreement was reached in September 2020, following initial
discussions in previous years, and that it took effect in
October 2020. It’s alleged the fare was implemented
through the distribution of stickers displaying the minimum
News from Commerce Commission
The Commerce Commission has filed proceedings at the High Court in Wellington against Hutt and City Taxis Limited (Hutt & City) for alleged price fixing.
The Commission alleges Hutt & City contravened the Commerce Act by reaching a price-fixing agreement with two competing taxi companies to implement a minimum charge of $25 for pick-up taxi trips from the on-demand taxi rank at Wellington Airport.
The Commission alleges the agreement was reached in September 2020, following initial discussions in previous years, and that it took effect in October 2020. It’s alleged the fare was implemented through the distribution of stickers displaying the minimum charge to be placed on taxi vehicles. The conduct ceased in November 2020, after the Commission began investigating.