NZ Commerce Commission proposes to authorise the restrictions on the advertising and marketing of infant formula

NZ Commerce Commission proposes to authorise the restrictions on the advertising and marketing of infant formula

New Zealand competition regulator The Commerce Commission has reached a preliminary view that it should grant authorisation to the current and future members of the Infant Nutrition Council Limited (INC) to restrict their advertising and marketing of formula products for infants aged up to 12 months old.

In assessing the INC’s most recent application (the third since 2015), the Commission said it has not identified any changes in the infant formula industry or in the actions of the members of the INC “that will substantially impact its previous assessments of these restrictions”.

“While the restrictions would likely lessen competition by limiting information available to consumers about formula products for infants aged up to 12 months old, we consider the continued authorisation of the restrictions assists with achieving important public health outcomes for parents and infants, which are supported by public health bodies and industry bodies in New Zealand,” said Associate Commissioner Sue Begg.

“For these reasons, the Commission’s draft decision is that it should grant authorisation again to the INC as any reduction in competition from the restrictions is likely to be outweighed by the public benefits,” Begg said.

The Commission says interested parties are welcome to make submissions on the draft decision.

Submissions are due by 5pm on 25 October 2023 and can be sent to the registrar,with the reference ‘Infant Nutrition Council’ in the subject line.

Read the draft determination.

Please join our community here and become a VIP.

Subscribe to ITWIRE UPDATE Newsletter here
JOIN our iTWireTV our YouTube Community here


You probably know that we are big believers in Network Detection and Response (NDR).

Did you realise that Gartner also recommends that security teams prioritise NDR solutions to enhance their detection and response?

Picking the right NDR for your team and process can sometimes be the biggest challenge.

If you want to try out a Network Detection and Response tool, why not start with the best?

Vectra Network Detection and Response is the industry’s most advanced AI-driven attack defence for identifying and stopping malicious tactics in your network without noise or the need for decryption.

Download the 2022 Gartner Market Guide for Network Detection and Response (NDR) for recommendations on how Network Detection and Response solutions can expand deeper into existing on-premises networks, and new cloud environments.



It’s all about Webinars.

Marketing budgets are now focused on Webinars combined with Lead Generation.

If you wish to promote a Webinar we recommend at least a 3 to 4 week campaign prior to your event.

The iTWire campaign will include extensive adverts on our News Site and prominent Newsletter promotion and Promotional News & Editorial. Plus a video interview of the key speaker on iTWire TV which will be used in Promotional Posts on the iTWire Home Page.

Now we are coming out of Lockdown iTWire will be focussed to assisting with your webinars and campaigns and assistance via part payments and extended terms, a Webinar Business Booster Pack and other supportive programs. We can also create your adverts and written content plus coordinate your video interview.

We look forward to discussing your campaign goals with you. Please click the button below.


Source link