Insight / Consumer Markets Is your business at risk from a competitor’s “dupe” products? The rise of “dupe” products is becoming increasingly prevalent across various markets, including in New Zealand. Read more
Insight / Consumer Markets Data Protection and Cybersecurity in New Zealand: Why The Time is (Always) Now In an increasingly digital world, data protection and cybersecurity have become critically important for businesses. As companies collect, store and process more and more data, the risks relating to privacy and cybersecurity continue to evolve. Ensuring compliance the Privacy Act 2020 (Privacy Act), while mitigating cybersecurity risks, is a fundamental aspect of keeping customer data safe, and protecting a business’s commercial interests. Read more
Insight / Consumer Markets Unconscionable conduct in the spotlight Recent news from across the Tasman provides a timely reminder to New Zealand businesses that engaging in unconscionable conduct will not be tolerated by regulators. The Australian Competition and Consumer Commission (ACCC) has commenced proceedings against Australia’s second largest telco provider, Optus Mobile Pty Ltd (Optus), for allegedly engaging in unconscionable conduct by selling telecommunications goods to vulnerable consumers who did not want or need them. Read more
Insight / Consumer Markets What is statutory management? An explanation of the latest salvo in the Du Val saga On 2 August 2024 interim receivers were appointed to a number of entities in the Du Val group. On 21 August 2024, this was followed by the appointment of statutory managers to various entities in the Du Val group. This is an extraordinary development, and leads to the question – what is statutory management? Read more
Insight / Consumer Markets Checkout check-in: Commerce Commission launches early review of Grocery Supply Code The Commerce Commission has launched a review of the Grocery Supply Code (Code) – the new ‘rule book’ for grocery suppliers – to see if it is operating as intended and helping to fix the power imbalance between New Zealand grocery suppliers and major supermarkets. Read more
Insight / Consumer Markets A swipe at card charges: Commerce Commission consults on potential card fee savings The Commerce Commission has launched a consultation on the retail payment system that could give rise to savings of hundreds of millions of dollars a year for New Zealanders paying for products with Mastercard or Visa Read more