Clear welcomes bolstering of Commerce Act

Clear has been quick to hail yesterday's strengthening of the Commerce Act as a boost for telecommunications users.

Clear has been quick to hail yesterday's strengthening of the Commerce Act as a boost for telecommunications users.

Clear CEO Tim Cullinane says an initial reading of amendments to the

Act, announced yesterday by the Government, indicated that it would go a long way to curbing anti-competitive conduct by dominant businesses.

"A strengthened Commerce Act, coupled with industry-specific reforms that we hope are introduced by the ministerial inquiry into telecommunications, has the potential to remove many of the roadblocks that currently stand in the way of genuine competition in telecommunications in New Zealand," he says.

Cullinane says the amendments will free the Commerce Commission to more readily move against anti-competitive conduct, and that its provision for stiffer penalties will also be a powerful disincentive for dominant firms looking to abuse their position.

In preparation for the ministerial inquiry into telecommunications, Clear has commissioned an assessment of the telecommunications regulatory regime over the last 10 years by the consulting firm Outcome.

Join the newsletter!

Error: Please check your email address.
Show Comments
[]