* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Friday, May 9, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    Fall 2025 TV Schedule: Your Guide to the Complete Lineup – Wyoming News Now

    Get Ready for Fall 2025: Your Ultimate Guide to the Exciting TV Lineup!

    Blackstone River Theatre presents music from Scotland with Cantrip – The Valley Breeze

    Experience the Enchanting Sounds of Scotland: Cantrip Takes the Stage at Blackstone River Theatre!

    The viral wireless audio dongle for in-flight entertainment just got a big upgrade – and I love it – ZDNET

    Game-Changer for In-Flight Entertainment: The Upgraded Wireless Audio Dongle You’ll Love!

    Tahoe City Downtown Association opens 4th of July Entertainment Grant Program – Sierra Sun

    Celebrate Independence Day: Tahoe City Launches Exciting 4th of July Entertainment Grant Program!

    WEBTOON Entertainment Revolutionizes Webcomic Discovery with Innovative New Personalization Features and Product Updates – Business Wire

    Unlocking a New Era of Webcomic Discovery: WEBTOON’s Exciting Personalization Features and Updates!

    What does Gen Z consider entertainment? – The Drum

    Unlocking Gen Z’s Entertainment Preferences: What Captivates the Next Generation

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Air Force Invests in Whisper’s Ultraquiet Propulsion Technology – FLYING Magazine

    Air Force Invests in Whisper’s Ultraquiet Propulsion Technology – FLYING Magazine

    Trump administration set to overhaul Biden’s AI chip export regulations – TechHQ

    Trump administration set to overhaul Biden’s AI chip export regulations – TechHQ

    Technology is the key to empathy in insurance – InsuranceNewsNet

    Unlocking Empathy: How Technology is Transforming the Insurance Experience

    Technology – Inflexion

    Revolutionizing the Future: The Impact of Cutting-Edge Technology

    Outdated technology and stress-related absences contribute to Newark Airport chaos – Travel Weekly

    How Outdated Technology and Stress Are Fueling Chaos at Newark Airport

    Tech & AI LIVE London: Q&A with IBM’s Nabeel Nawaz – Technology Magazine

    Tech & AI LIVE London: Q&A with IBM’s Nabeel Nawaz – Technology Magazine

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    Fall 2025 TV Schedule: Your Guide to the Complete Lineup – Wyoming News Now

    Get Ready for Fall 2025: Your Ultimate Guide to the Exciting TV Lineup!

    Blackstone River Theatre presents music from Scotland with Cantrip – The Valley Breeze

    Experience the Enchanting Sounds of Scotland: Cantrip Takes the Stage at Blackstone River Theatre!

    The viral wireless audio dongle for in-flight entertainment just got a big upgrade – and I love it – ZDNET

    Game-Changer for In-Flight Entertainment: The Upgraded Wireless Audio Dongle You’ll Love!

    Tahoe City Downtown Association opens 4th of July Entertainment Grant Program – Sierra Sun

    Celebrate Independence Day: Tahoe City Launches Exciting 4th of July Entertainment Grant Program!

    WEBTOON Entertainment Revolutionizes Webcomic Discovery with Innovative New Personalization Features and Product Updates – Business Wire

    Unlocking a New Era of Webcomic Discovery: WEBTOON’s Exciting Personalization Features and Updates!

    What does Gen Z consider entertainment? – The Drum

    Unlocking Gen Z’s Entertainment Preferences: What Captivates the Next Generation

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Air Force Invests in Whisper’s Ultraquiet Propulsion Technology – FLYING Magazine

    Air Force Invests in Whisper’s Ultraquiet Propulsion Technology – FLYING Magazine

    Trump administration set to overhaul Biden’s AI chip export regulations – TechHQ

    Trump administration set to overhaul Biden’s AI chip export regulations – TechHQ

    Technology is the key to empathy in insurance – InsuranceNewsNet

    Unlocking Empathy: How Technology is Transforming the Insurance Experience

    Technology – Inflexion

    Revolutionizing the Future: The Impact of Cutting-Edge Technology

    Outdated technology and stress-related absences contribute to Newark Airport chaos – Travel Weekly

    How Outdated Technology and Stress Are Fueling Chaos at Newark Airport

    Tech & AI LIVE London: Q&A with IBM’s Nabeel Nawaz – Technology Magazine

    Tech & AI LIVE London: Q&A with IBM’s Nabeel Nawaz – Technology Magazine

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Business

Mitre 10 owner fined $500k over anti-competitive land covenant

August 3, 2023
in Business
Mitre 10 owner fined $500k over anti-competitive land covenant
Share on FacebookShare on Twitter

Navigation for News Categories

18072016 Photo: Rebekah Parsons-King. Wellington High Court.

NGB Properties was fined $500,000 in the High Court at Wellington this week.
Photo: RNZ / Rebekah Parsons-King

The Commerce Commission says the use of anti-competitive land covenants may be more widespread than is known, after the owner of a Mitre 10 was slapped with a penalty totalling half a million dollars.

A commission investigation found NGB Properties had placed an anti-competitive covenant on a site close to its Mitre 10 MEGA in Tauranga in a bid to stop rival Bunnings opening a warehouse.

NGB was the sister company of Juted Holdings Limited, which operated the Mitre 10 MEGA store in the city.

The company was fined $500,000 in the High Court at Wellington this week.

Commerce Commissioner John Small said the ruling should serve as a warning to other companies.

“Land covenants can harm competition by raising barriers to entry or expansion in a particular market, making it harder for competitors to compete effectively and gain scale,” he said.

“This case illustrates that even a single covenant of short duration has the potential to have a substantial impact on competition.”

Small said the commission would continue to pursue companies who sought to benefit from anti-competitive land covenants.

In March, the commission issued guidance on anti-competitive land covenants], outlining the commission’s approach to assessing whether land covenants may breach the Commerce Act.

Small said land covenants have been identified in all three of the commission’s market studies into fuel, groceries and residential building supplies as a factor that may be limiting competition across many sectors of the economy.

“We have seen these covenants pop up in a number of other areas and we’re pretty concerned that they could be even more extensive than what we’ve seen so far,” he said.

Small said the commission would continue to investigate any company that may be using land covenants to limit competition in their sector.

Get the RNZ app

for ad-free news and current affairs

Download from Apple App Store
Download from Google Play Store

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : RNZ – https://www.rnz.co.nz/news/business/494905/mitre-10-owner-fined-500k-over-anti-competitive-land-covenant

Tags: businessMitreowner
Previous Post

Reserve Bank of Australia to deliver final rate hike in Q4, economists say: Reuters poll

Next Post

House prices begin to rise in key markets

Beyond the bust: How Ecology spill responders ensure safety after illegal drug operations – Department of Ecology – State of Washington (.gov)

After the Bust: How Ecology Responders Safeguard Communities from Illegal Drug Operations

May 9, 2025
MasterClass Announces Skin Health: A Science-Backed Guide to Healthy Skin – Morningstar

Unlock Radiant Skin: Discover the Science-Backed Secrets to Healthy Skin with MasterClass!

May 9, 2025
Scientists reel as turmoil roils National Science Foundation – NPR

Chaos Unleashed: The National Science Foundation Faces Unprecedented Turmoil

May 9, 2025
Andaz Miami Beach Debut Marks First New Opening for Hyatt Lifestyle Group – Travel Market Report

Hyatt Lifestyle Group Unveils Its First New Gem: Andaz Miami Beach!

May 9, 2025
80th anniversary of the end of World War II – NEWS10 ABC

Commemorating 80 Years of Peace: Reflecting on the End of World War II

May 9, 2025
Tennesseans have economic worry, oppose tariffs but back deportation efforts, poll finds – The Tennessean

Tennesseans Express Economic Concerns: Support for Deportation Efforts Amidst Opposition to Tariffs

May 9, 2025
Fall 2025 TV Schedule: Your Guide to the Complete Lineup – Wyoming News Now

Get Ready for Fall 2025: Your Ultimate Guide to the Exciting TV Lineup!

May 9, 2025

NYU Langone Health Further Expands World-Class Offerings in Suffolk County with New Ambulatory Care Facility in Westhampton Beach – NYU Langone Health

May 8, 2025
Trump changes his tune on speedy trade deals: From the Politics Desk – NBC News

Trump changes his tune on speedy trade deals: From the Politics Desk – NBC News

May 8, 2025
Air Force Invests in Whisper’s Ultraquiet Propulsion Technology – FLYING Magazine

Air Force Invests in Whisper’s Ultraquiet Propulsion Technology – FLYING Magazine

May 8, 2025

Categories

Archives

May 2025
MTWTFSS
 1234
567891011
12131415161718
19202122232425
262728293031 
« Apr    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (593)
  • Economy (604)
  • Entertainment (21,517)
  • General (15,210)
  • Health (9,646)
  • Lifestyle (609)
  • News (22,149)
  • People (607)
  • Politics (611)
  • Science (15,826)
  • Sports (21,114)
  • Technology (15,594)
  • World (594)

Recent News

Beyond the bust: How Ecology spill responders ensure safety after illegal drug operations – Department of Ecology – State of Washington (.gov)

After the Bust: How Ecology Responders Safeguard Communities from Illegal Drug Operations

May 9, 2025
MasterClass Announces Skin Health: A Science-Backed Guide to Healthy Skin – Morningstar

Unlock Radiant Skin: Discover the Science-Backed Secrets to Healthy Skin with MasterClass!

May 9, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version