A PYMNTS Company

Airservices Australia to raise prices for some of its monopoly services

By  |  June 28, 2012

The Australian Competition and Consumer Commission does not object to proposed price increases by Airservices Australia for some of its monopoly services. The charges that are set to be raised cover terminal navigation, aviation rescue and fire-fighting services. They will go into effect on July 1.

The increases are part of Airservices’ five-year pricing agreement. The ACCC, along with the stakeholders it consulted to reach its decision, feels that Airservices “has made sufficient progress on its commitments to improve consultation with industry on capital expenditure and to develop internal drivers of efficiency.”

Full content: ACCC Press Release

 

Related content: Australia’s Proposed Information Disclosure Legislation: International Worst Practice

 

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