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Monday 31st August 2009 |
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The Commerce Commission is launching an investigation into an alleged breach of Telecom's Separation Undertakings.
The probe follows findings from the Independent Oversight Group which acts as a watchdog on the phone company's commitments to competition, signed with the Crown in 2008.
It expects to issue a decision by October 9 on whether or not enforcement action is required, at which point the issue may go to the High Court for the issue of remedial orders of monetary penalties and damages.
The Commission had already received complaints about the alleged breach, involving Telecom's loyalty offer prior to the IOG's findings.
The Commission has yet to decide whether to launch a separate action under the Commerce Act.
Businesswire.co.nz
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