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New Zealand: Vector chiefs accuse Commerce Commission and Electricity Authority of flawed methodology

By  |  October 18, 2012

The chairman and chief executive of Vector, a multi-network infrastructure company, have accused the Commerce Commission and the Electricity Authority for imposing price cuts on Vector using a flawed methodology, which has hampered the company’s profits and investment power. In an annual meeting in Auckland, Michael Staissny, the chairman of Vector, said that such price cuts would undermine crucial public infrastructure investments in New Zealand.

Full Content: NBR

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