The competition watchdog will run a fine-tooth comb through Australia’s communications market to ensure there is enough competition to allow new entrants and to encourage investment.
Australian Competition and Consumer Commission chairman Rod Sims announced a study into the communications market at an industry dinner on Thursday evening.
“We recognise the communications sector is one that all Australians have an interest in, and one that facilitates economic growth. Importantly, the study will also allow the ACCC to consider a wide range of interrelated issues that have been raised by the sector and that go to the proper functioning of the market,” he said.
Telecommunications companies have previously raised concerns about competition problems in the industry, but would probably not be expecting a market study, Mr Sims told Fairfax Media.
Full Content: The Sidney Morning Herald
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