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News Letters
ICCC BRIEF, NEWSLETTER – ISSUE 2 OF 2025
ICCC BRIEF - Issue 2, 2025April-June 2025
ICCC Brief Newsletter – Issue 1 of 2025
ICCC Brief Newsletter - 1st EditionJan-Mar 2025
ICCC Brief Newsletter – Issue 4 of 2024
ICCC Brief Newsletter - 4th QuarterOct-Dec 2024
ICCC Brief Newsletter – Issue 3 of 2024
ICCC Brief Newsletter - 3rd QuarterJuly-September 2024
ICCC Brief Newsletter – Issue 2 of 2024
ICCC Brief Newsletter - 2nd QuarterApril-June 2024
ICCC Brief Newsletter – Issue 1 of 2024
ICCC Brief Newsletter - 1st QuarterJanuary-March 2024
ICCC Brief Issue 1 of 2023
ICCC Brief - 1st editionJanuary-September 2023
News
PUBLIC NOTICE: CLEARANCE APPLICATION BY TRANS WONDERLAND LIMITED FOR THE PROPOSED ACQUISITION OF 100 PERCENT SHARES IN AVENELL ENGINEERING SYSTEM LIMITED AND ALFA LIMITED
The Independent Consumer and Competition Commission (“ICCC”) wishes to inform the general public and relevant stakeholders, that it has commenced public consultations on a Clearance Application submitted by Trans Wonderland Limited (“TWL”) for its proposal to acquire...
MEDIA RELEASE: ICCC CONCERNED ABOUT TRANSFER OF VEHICLE REGISTRATION AND DRIVER LICENSING FUNCTIONS FROM MVIL TO RTA
The Independent Consumer and Competition Commission (ICCC) has raised concerns on a joint statement by the Motor Vehicle Insurance Limited (MVIL) and Road Traffic Authority (RTA) on 19th May 2025, about the transfer for vehicle registration and driver licensing...
Public Notice – Clearance Application for the Proposed Acquisition of Barrick (Niugini) Limited by Porgera (Jersey) Limited
The Independent Consumer and Competition Commission ("ICCC") wishes to inform the general public and relevant stakeholders that it has commenced public consultations on a Clearance Application submitted by Porgera (Jersey) Limited ("PJL") for its proposal to acquire...
Public Notice
PUBLIC NOTICE: PNG PORTS REGULATORY CONTRACT REVIEW – REVISED DRAFT REGULATORY CONTRACT AND REVISED DRAFT REPORT
The Independent Consumer and Competition Commission (‘ICCC’) would like to inform relevant stakeholders and the general public of the formal release of the revised Draft Final PNG Ports Regulatory Contract and Report. The current five-year Regulatory Contract between...
PUBLIC NOTICE: CLEARANCE APPLICATION BY PT PETROSEA TBK FOR THE PROPOSED ACQUISITION OF HBS (PNG) LIMITED
CLEARANCE APPLICATION BY PT PETROSEA TBK FOR THE PROPOSED ACQUISITION OF HBS (PNG) LIMITEDThe Independent Consumer and Competition Commission (“ICCC”) wishes to inform the general public and relevant industry stakeholders that it has commenced public consultations on...
PUBLIC NOTICE: CLEARANCE APPLICATION BY JAS UK HOLDING LIMITED FOR THE PROPOSED ACQUISITION OF PENTAGON HOLDINGS LIMITED
CLEARANCE APPLICATION BY JAS UK HOLDING LIMITED FOR THE PROPOSED ACQUISITION OF PENTAGON HOLDINGS LIMITEDThe Independent Consumer and Competition Commission (“ICCC”) wishes to inform the general public and relevant industry stakeholders that it has commenced public...
PUBLIC NOTICE: CLEARANCE APPLICATION BY TOR INVESTMENT MANAGEMENT FOR PROPOSED OWNERSHIP RESTRUCTURE OF TWINZA OIL LIMITED
CLEARANCE APPLICATION BY TOR INVESTMENT MANAGEMENT (HONG KONG) LIMITED FOR THE PROPOSED OWNERSHIP RESTRUCTURE OF TWINZA OIL LIMITEDThe Independent Consumer and Competition Commission (“ICCC”) wishes to inform the general public and relevant industry stakeholders that...
PUBLIC NOTICE: AUTHORISATION APPLICATION BY TWL TO ACQUIRE 100% SHARES IN AES & ALFA LTD
Authorisation Application by Trans Wonderland Limited for the Proposed Acquisition of 100 Percent Shares in Avenell Engineering System Limited and Alfa LimitedThe Independent Consumer and Competition Commission (“ICCC”) wishes to inform the general public and relevant...
PUBLIC NOTICE: BT LUXEMBOURG II, S.à R.L, PROPOSED ACQUISITION OF SLT SLP
Clearance Application by BT Luxembourg II, S.à r.l., for the Proposed Acquisition of Smit Lamnalco Towage PNG Ltd and Smit Lamnalco Projects Pte Ltd (PNG Branch)The Independent Consumer and Competition Commission (“ICCC”) wishes to inform the general public and...
INDEPENDENT CONSUMER & COMPETITION COMMISSION (Amendment) ACT 2018
INDEPENDENT CONSUMER & COMPETITION COMMISSION (AMENDMENT) ACT 2018August 2025August 2025
DISCUSSION PAPER ON THE PROPOSAL TO AMMEND THE ICCC (FEES) REGULATION 2003
DISCUSSION PAPER ON THE PROPOSAL TO AMMEND THE ICCC (FEES) REGULATION 2003 The Independent Consumer and Competition Commission (“ICCC”) wishes to inform the business community, government agencies, interested stakeholders and the general public that it has released a...
PUBLIC NOTICE: CLEARANCE APPLICATION BY TRANS WONDERLAND LIMITED FOR THE PROPOSED ACQUISITION OF 100 PERCENT SHARES IN AVENELL ENGINEERING SYSTEM LIMITED AND ALFA LIMITED
The Independent Consumer and Competition Commission (“ICCC”) wishes to inform the general public and relevant stakeholders, that it has commenced public consultations on a Clearance Application submitted by Trans Wonderland Limited (“TWL”) for its proposal to acquire...
PUBLIC NOTICE: ICCC UNDERTAKES AN INQUIRY INTO THE AVIATION INDUSTRY – RELEASE OF THE ISSUES PAPER
PUBLIC NOTICE: ICCC COMMENCES AN INQUIRY INTO THE PNG AVIATION INDUSTRY – RELEASE OF THE ISSUES PAPERThe Independent Consumer and Competition Commission (‘ICCC’) wishes to inform all relevant stakeholders and the general public of the formal release of the Issues...
Media Release
MEDIA RELEASE: ICCC CLEARS JAS UK HOLDINGS LTD TO ACQUIRE PENTAGON HOLDINGS LTD
ICCC gives clearance to JAS UK Holdings Limited to acquire Pentagon Holdings LimitedThe Independent Consumer and Competition Commission (ICCC) has given clearance to JAS UK Holdings Limited (JAS Holding) to proceed with its proposal to acquire Pentagon Holdings...
MEDIA RELEASE: ICCC CLEARS TOR INVESTMENT MANAGEMENT (HONG KONG) LTD FOR TWINZA OIL LTD RESTRUCTURE
ICCC CLEARS TOR INVESTMENT MANAGEMENT (HONG KONG) LTD FOR PROPOSED RESTRUCTURE OF TWINZA OIL LTDThe Independent Consumer and Competition Commission (ICCC) has given Clearance to Tor Investment Management (Hong Kong) Limited (Tor) in respect of the proposed ownership...
MEDIA RELEASE: BT LUXEMBOURG II, S.à.r.l. CLEARED TO ACQUIRE SHARE IN SLT and SLP (PNG Branch)
ICCC gives Clearance to BT Luxembourg II, S.à.r.l. to acquire shares in Smit Lamnalco Towage PNG Ltd and Smit Lamnalco Projects Pte Ltd (PNG Branch)The Independent Consumer and Competition Commission (“ICCC”) has given Clearance to BT Luxembourg II, S.à.r.l. (“Boluda”...
PRESS STATEMENT: FREEDOM APEX LIMITED TO PAY PENALTY FEE OF K750,000 TO ICCC
PRESS STATEMENT: FREEDOM APEX LIMITED TO PAY PENALTY FEE OF K750,000 TO ICCC The Waigani National Court delivered a precedent decision on the 24th of July 2025 and ordered one of the biggest wholesalers and retail business entity in the Highlands region, Freedom Apex...
ICCC’S CONCERNS REGARDING THE PROPOSED NATIONAL ENERGY AUTHORITY (Refined Petroleum Products Supply) BILL
PRESS STATEMENT: ICCC'S CONCERNS REGARDING NEAA'S PROPOSED BILL The Independent Consumer and Competition Commission (ICCC) wishes to express its concerns on the recently proposed National Energy Authority (Refined Petroleum Product Supply) Bill. The ICCC believes...
MEDIA STATEMENT: ICCC COMMENCES AN INQUIRY INTO THE PNG AVIATION INDUSTRY – RELEASE OF THE ISSUES PAPER
ICCC COMMENCES AN INQUIRY INTO THE PNG AVIATION INDUSTRY – RELEASE OF THE ISSUES PAPERThe Independent Consumer and Competition Commission (ICCC) has officially commenced an inquiry into the industry in Papua New Guinea with the publication of an Issues Paper to...
ICCC RECEIVES CLEARANCE APPLICATION FROM OK TEDI MINING LIMITED FOR ITS PROPOSED ACQUISITION OF MISIMA MINE
The Independent Consumer and Competition Commission (“ICCC”) has received an Application for Clearance from Ok Tedi Mining Limited (“OTML”), for its proposal to acquire 100 percent (100%) of the issued shares in Gallipoli Exploration (PNG) Limited (“Gallipoli...
Media Release – ICCC Clears Vocus Group Limited To Acquire PIPE Networks
The Independent Consumer and Competition Commission (‘ICCC’) has cleared the proposed acquisition of PIPE Networks Pty Ltd (“PIPE Networks”) by Vocus Group Limited (“Vocus”) of any substantial competition implications in PNG markets. The ICCC’s decision is based on...
MEDIA RELEASE: HEVEHE PETROLEUM LIMITED TO ACQUIRE 50% INTEREST IN PASCA A PROJECT FROM TWINZA PNG
The Independent Consumer and Competition Commission (“ICCC”) has given Clearance to Hevehe Petroleum Limited (“Hevehe”) to proceed with its proposal to acquire a 50 percent (50%) interest in the Pasca A Project from Twinza Oil (PNG) Limited (“Twinza PNG”). “Based on...
MEDIA RELEASE: ICCC TO PROSECUTE NON-COMPLIANT SHOPS IN NEW IRELAND
The Independent Consumer and Competition Commission (ICCC) will prosecute eleven shops in New Ireland Province for increasing their prices above 10 percent (10%) without prior approval. During ICCC’s nationwide price measure exercise carried out in the province...